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Bitcoins, others like Ponzi scheme – India’s finance ministry

India’s finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency investments are like “Ponzi schemes.”

Nigerians must earn from productivity, not rent – Governor Aregbesola

Governor Rauf Aregbesola of Osun State has identified unearned income from rent, rather than productivity, as the major challenge facing Nigeria in terms of its economic development.

Man stakes employer’s N3.5m on MMM, lands in court

A 24-year-old man, John Okonkwo, who allegedly stole his employer’s N3.5m and invested in the Mavrodi Mondial Movement scheme, on Thursday, appeared before an Ojo Magistrates’ Court.

Criticisms trail MMM ponzi scheme “restart” announcement

Criticisms have continued to trail the announcement by the management of controversial ponzi scheme, MMM, that the organisation has officially commenced a “RESTART” of the system.

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Fuel scarcity: DPR warns marketers to sell at N145 or lose petrol

The Department of Petroleum Resources (DPR) has warned marketers within its Enugu Zone to comply with N145 pump price of Premium Motor Spirit (PMS) or have their products dispensed to customers free.

21st Century Fox/Sky takeover thrown into doubt by UK regulator

Britain’s competition regulator provisionally ruled Tuesday that a planned takeover of pan-European satellite TV giant Sky by Rupert Murdoch’s 21st Century Fox entertainment group was “not in the public interest”.

First Zika case of 2018 reported in Singapore

After nearly four months without a reported case of Zika virus infection, the first case of 2018 was confirmed, last Thursday.

Arsenal agree huge package for Pierre-Emerick Aubameyang

Pierre-Emerick Aubameyang has agreed personal terms with Arsenal but the Gunners are yet to strike a deal with Borussia Dormtund for the Gabon international, reports claim.

Myanmar blames Bangladesh for delayed Rohingya return

Myanmar blamed Bangladesh on Tuesday for delays to a huge repatriation programme for Rohingya refugees, as the deadline passed for starting the return of the Muslim minority to strife-torn Rakhine state.

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Anthony Joshua laughs off Joseph Parker’s drug taunts

Britain's Anthony Joshua dismissed a claim by New Zealand's Joseph Parker he is the "king of steroids" ahead of their world heavyweight title unification bout.

US federal employees to return after lawmakers end government shutdown

US federal workers prepared to return to work Tuesday after Congress ended a three-day government shutdown, with President Donald Trump claiming victory in his standoff with Democrats.

Court adjourns ex-Accountant-General’s arraignment till Feb 27

Justice Nnamdi Dimgba of the Federal High Court in Abuja on Monday fixed February 27, 2018, for the arraignment of the former Accountant-General of the Federation, Mr Jonah Otunla, by the Economic and Financial Crimes Commission (EFCC).

Grace Mugabe allies join Joice Mujuru’s party

More than 80 members of the Zanu PF’s G-40 faction in Chiredzi are reported to have joined the Joice Mujuru’s National People’s Party (NPP).

Pierre-Emerick Aubameyang keen on Arsenal move

Borussia Dortmund want-away star striker Pierre-Emerick Aubameyang is reportedly close to signing for Premier League side Arsenal -- with the German club in turn hoping to recruit Michy Batshuayi from Chelsea.