Nigeria has become a breeding ground for Ponzi schemes, which have fleeced millions of citizens out of trillions of naira ...

President Donald Trump announced a 10 per cent import tariff from 5 April, raising Nigerian export duties to 14 per cent. But by 9 April, he paused the tariffs for 60 countries — Nigeria included — ...

Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender Justice Alexander Owoeye of the Federal High Court ...

Central Bank of Nigeria (CBN) approved the application of Ascensia Finance Company Limited to operate as a finance company in the country.The final approval was conveyed in a letter dated April 10, ...

CBEX is not Nigeria's first encounter with Ponzi schemes, as the country has seen numerous similar cases in the past. However, the most memorable scheme which shook the nation and left many in ...

Ebun-Olu Adegboruwa, a senior advocate of Nigeria (SAN), has asked the Nigerian Bar Association (NBA) to return ...

A Federal High Court in Lagos has sentenced Uzondu Precious Chimaobi, a jeweler and owner of Unlimited Jewellers Limited, to four years imprisonment for refusing to accept the Nigerian Naira as legal ...

Access Holdings has revealed that it recorded 88% growth in gross earnings, rising from N2.594trn in 2023 to N4.878trn in ...

A Nigerian man defrauded a Brazilian bank of $242 million and sold a fake airport, one of the largest financial frauds of the ...

Access Holdings' after-tax profit rose modestly to N642.2 billion for the full year ending December 31, 2024, as banks continue to enjoy ...