The scheme collapsed months later, triggering widespread losses. Investigations and testimonies from affected investors revealed that CBEX functioned as a Ponzi scheme that siphoned over N1.3 trillion ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of bank accounts belonging to Crypto Bridge Exchange (CBEX) and 25 other ...

The prosecution alleged that the defendants collected various sums from investors on the promise that the funds would be invested on their behalf, with agreed monthly returns and a full refund of ...

Discover a legitimate way for workers in Nigeria to earn in US Dollars. Learn how investing in premium domains can yield ...

SEC moves to seize CBEX’s N1.3trn over alleged Ponzi schemeWhile the SEC has approached the Investments and Securities Tribunal (IST) seeking orders to freeze bank accounts and seize assets linked to ...

Agama noted that this expansion aligns with global realities and ensures that all significant actors in the modern financial ...

The Nigeria Deposit Insurance Corporation (NDIC) has cautioned Nigerians to remain vigilant against rising Ponzi schemes and unlicensed investment platforms, warning that millions of citizens risk ...

Name found in Epstein’s black book. Name found in Epstein’s black book. Her clients have included Matt Lauer and the Crown ...

Nigeria’s capital-market community on Saturday converged in Lagos for the 2025 edition of the Capital Market Correspondents ...

Chidi grew up in the hamlet of Nsukka, watching his father toil from dawn to dusk as a palm-wine tapper. Their small bungalow in the village stood as a silent ...

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of ...