The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access …
Read More »From MMM to CBEX: Timeline of Ponzi schemes that have duped Nigerians
Over the years, Nigerians have fallen victim to a series of Ponzi schemes that promised quick riches but ended in devastating losses. From the infamous Mavrodi Mundial Moneybox, popularly known as MMM that crashed in 2016, leaving millions of investors stranded, to the recent collapse of CBEX and other crypto-based …
Read More »DSVA storms Ikeja with SGBV sensitization campaign
In a bid to curb sexual and gender-based violence (SGBV) in Lagos State, the Domestic and Sexual Violence Agency (DSVA), on Thursday, embarked on a door-to-door sensitization campaign across communities in Ikeja Local Government Area. The campaign, led by the DSVA’s Community Engagement team, was designed to raise awareness on …
Read More »Dangote Feeds 50,000 Poor Families In Kebbi, Gombe States
In continuation of its 2025 Annual National Food Intervention Programme, the Aliko Dangote Foundation (ADF), has distributed 50,000 bags of rice to poor and vulnerable families in Kebbi and Gombe States. Flagging off the distribution of the intervention in Aliero Local Government Area of Kebbi State on Thursday(yesterday), the …
Read More »Abeokuta North Chairman Dr. Lanre Oyegbola Sodipo Presents 2025 “Budget of Hope and Prosperity” to Legislative Council
The Year 2025 Budget tagged “Budget of Hope and Prosperity ” was presented on Thursday 10th April 2025 on the floor of the Legislative Chambers by the Executive Chairman of Abeokuta North Local Government, Dr. Lanre Oyegbola Sodipo to the members of the Legislative Council under the leadership of Hon. …
Read More »NBC bans Eedris Abdulkareem’s protest song ‘Tell Your Papa’ from radio, TV
The National Broadcasting Commission (NBC) has prohibited the broadcast of veteran rapper Eedris Abdulkareem’s new protest track, “Tell Your Papa,” on all Nigerian radio and television stations, labeling the song as “objectionable.” In a memo dated April 9, 2025, and signed by Susan Obi, the Coordinating Director of Broadcast Monitoring, …
Read More »Presidency apologises for errors in Tinubu’s appointments list, promises update
The Presidency has apologised for the errors in the list of appointments made by President Bola Tinubu since May 29, 2023. PUNCH reports that the list was to counter the narrative about Tinubu’s alleged lopsided appointments, which was brought to the public by the Senator representing Borno South, Ali Ndume. …
Read More »Drama in Ibadan: Woman allegedly batters man, snatches his N1.2M Tricycle
A 56-year-old woman, Omowumi Sarat, was on Thursday brought before an Iyaganku Magistrates’ Court in Ibadan for allegedly assaulting a man and stealing his tricycle. Sarat, whose residential address was not disclosed, is facing charges of conspiracy, assault, conduct likely to cause a breach of peace, and stealing. She …
Read More »CBN shocks critics with $6.83bn Surplus: Nigeria’s economy roars back
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. In a statement issued by Hakama Sidi-Ali, Director of the CBN’s Corporate Communications Department, the apex bank described the development as a decisive turnaround from the deficits …
Read More »Omisore to kick off 20th KOLAtoons Soccer Tournament on April 18
….. Promises 750 Food Palliatives to constituents Desirous of fostering local talent development through grassroots football, the Secretary to the Local Council Development Area of Ojokoro, Community. Kola Omisore has concluded plans to host the 20th edition of the Kolatoons 5-aside Football tournament. Scheduled to hold on Friday, 18th …
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