Ponzi Schemes

The Securities and Exchange Commission (SEC) has issued a warning to the public over the activities of FinAfrica Investment Ltd and Poyoyo Investment, stating that the companies have not been accredited by the Commission and operate as…

The Central Bank of Nigeria (CBN) has mapped out plans to end Ponzi Scheme in Nigeria, while sensitizing Nigerians on the new digital currency, E-Naira. The Director of the Corporate Communication Department, CBN, Mr Osita…

The Economic and Financial Crimes Commission (EFCC),  Nigeria's leading Anti-Graft Agency, has raised the alarm over fraudulent Investment Schemes in the country, while warning Nigerians to be wary of such scams. (The EFCC is…