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The Rise and Fall of Ponzi Schemes in Nigeria: A Decade of Financial Woes In recent years, Nigeria has witnessed a proliferation of Ponzi schemes, with numerous investment scams emerging and collapsing, leaving countless individuals financially ruined. This article provides a comprehensive list of Ponzi schemes that have operated in Nigeria over the […]
An eerie calm has descended over a community in Benue State following a devastating early morning attack allegedly carried out by suspected herdsmen, leaving residents mourning, displaced, and in shock. Though exact figures remain uncertain, multiple sources confirm that several lives may have been lost, with the death toll expected to rise as authorities begin […]
Lagos State Government has disclosed that approximately 30,000 people die annually in the state due to exposure to carbon monoxide pollution. This alarming statistic was made public by the state’s Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, during the 2025 Lagos Energy Summit held in Victoria Island. According to Ogunleye, the primary […]
The Economic and Financial Crimes Commission (EFCC) has arrested 47 suspected internet fraudsters in Benin City. The arrests were made on Tuesday, April 15, 2025, at different locations in the city, following credible intelligence gathered by the commission’s operatives. According to a statement released by the Benin Zonal Directorate of the EFCC, the suspects were […]
Oyo State Governor, Seyi Makinde, has stated that the 2027 presidential election will be a contest between Nigerians and the ruling All Progressives Congress (APC), rather than a traditional battle between the APC and the Peoples Democratic Party (PDP). Makinde, a second-term governor and chieftain of the PDP, made this known on Channels Television’s […]
The Rivers State Government, under the administration of Ibok-Ete Ibas, is threatening legal action against the Nigerian Bar Association (NBA) over a disputed N300 million payment made to the association. The escalating dispute centers around the NBA’s decision to relocate its 2025 Annual General Conference (AGC) from Port Harcourt to Enugu, and the […]
Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender. Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes […]
The Zamfara Elders for Peace and Development has criticized Governor Dauda Lawal’s performance and accusing him of prioritizing political attacks over addressing critical issues facing the state. The group responded to recent televised comments by Governor Lawal, deeming them baseless and a distraction from his administration’s failures. Hon. Aliyu Adamu Kaura, Chairman […]
Deputy President of the Senate, Barau Jibrin says President Tinubu has in the last 23 months of his administration left no one in doubt, of his commitment to laying a solid foundation for the prosperity of Nigeria. In a statement, Senator Barau while urging citizens to support the President in his quest to address […]
The National Secretary of the All Progressives Congress (APC), Senator Ajibola Basiru, has weighed in on the controversy surrounding the sharp increase in electricity bills, following a recent complaint by the Lagos State Deputy Governor, Dr. Obafemi Hamzat, saying there is no cheap energy anywhere. Hamzat had revealed that the electricity bill for his […]
