Business
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GTBank allegedly orders arrest of VeryDarkMan over complaint about unauthorised deductions
Nigerian social media influencer, Martins Vincent Otse, popularly known as VeryDarkMan, has reportedly been arrested by police in Abuja…
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EFCC declares foreign national wanted over N1.3 Trillion CBEX crypto fraud
The Economic and Financial Crimes Commission (EFCC) has declared a 41-year-old foreign national, Elie Bitar, wanted in connection with a…
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CBEX allegedly resumes operations amid ongoing N1.2tn EFCC probe
Crypto Bridge Exchange (CBEX), the embattled digital trading platform at the center of a reported ₦1.2 trillion investment fraud, has…
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MTN Nigeria pumps ₦202b into capital expenditure in Q1 2025
MTN Nigeria Communications Plc has significantly ramped up its investment in network infrastructure, with capital expenditure (excluding leases) rising by…
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Wanted CBEX promoter voluntarily reports to EFCC
Adefowora Abiodun, one of the individuals declared wanted in connection with the controversial cryptocurrency platform, Crypto Bridge Exchange (CBEX), has…
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EFCC nabs wanted socialite, Aisha Achimugu, at Abuja airport
The Economic and Financial Crimes Commission (EFCC) on Tuesday apprehended businesswoman and socialite, Aisha Achimugu, at the Nnamdi Azikiwe International…
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Warri Refinery remains shut since January; Port Harcourt struggles below 40% capacity
Industry stakeholders are raising fresh concerns about the Nigerian National Petroleum Company Limited (NNPCL), particularly questioning its transparency, efficiency,…
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Price of 50kg bag of rice falls to N58,000 in Nigeria – Report
The cost of a 50kg bag of rice in Nigeria has dropped significantly to around N58,000 in some areas, particularly…
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Court document shows that CBEX disabled withdrawal when deposits hit $1billion
The Economic and Financial Crimes Commission (EFCC) has alleged that the promoters of the fraudulent Crypto Bridge Exchange (CBEX) disabled…
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EFCC picks up two over alleged N1.3tr CBEX scam
The Economic and Financial Crimes Commission (EFCC) has arrested two suspects in connection with the alleged N1.3 trillion scam linked…
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Nine Nigerian banks earned N14.26 trillion in interest income in 2024
Nine major Nigerian banks collectively generated N14.26 trillion in interest income in 2024—an impressive 119.55% increase from the N6.49…
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Report unmasks Nigerians behind CBEX fraud
An investigation by the Foundation for Investigative Journalism (FIJ) has uncovered some Nigerians allegedly behind Crypto Bridge Exchange (CBEX), a…
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SEC explains inability to recover ₦1.3 trillion lost to CBEX platform
The Securities and Exchange Commission (SEC) has said it is powerless to assist the estimated 600,000 Nigerians who collectively lost…
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Fuji singer, Taye Currency cries out over N10m loss to CBEX
Fuji star, Taye Adebisi, popularly known as Taye Currency, has opened up about losing N10 million to the recently crashed…
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Lagos court sentences businessman to jail for rejecting Naira as legal tender
A Federal High Court in Ikoyi, Lagos, has sentenced a businessman, Aniogor Godswill Obiajulu, and his company, ICE BY CW,…
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