FG Consoles CBEX Victims, Calls for Collective Fight Against Ponzi Schemes
Oyedele stressed that investment opportunities promising unusually high returns should be treated with skepticism. He encouraged Nigerians to verify investment […]
Oyedele stressed that investment opportunities promising unusually high returns should be treated with skepticism. He encouraged Nigerians to verify investment […]
Residents like Esther from Jeddo have described the damage to their homes, saying the rain and heavy wind caused significant
The sudden crackdown has left students uncertain about their future, with some weeks from graduation or employment. Universities are discovering
Nigeria has seen numerous Ponzi schemes over the years, with notable examples including: These schemes have drained billions from citizens,
The Economic and Financial Crimes Commission (EFCC) has indeed partnered with Interpol to investigate the alleged N1.3 trillion fraud involving
The EFCC had already initiated a probe before the collapse, following intelligence reports. The Securities and Exchange Commission recently warned
A significant amount of $822 million (over 1 trillion Naira) has allegedly been transferred by the CBEX admin to a
Allocation Details The allocation was distributed as follows: From the statutory revenue, the Federal Government received N422.485 billion, states got
The CBEX platform, which promised a 100% Return on Investment in 30 days, has been under scrutiny for its operational
The EFCC’s investigation revealed that Chimaobi’s company, Unlimited Jewellers Limited, intentionally tagged and sold its products in dollars, violating the