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SEC: Loom is a ponzi scheme

The Securities and Exchange Commission (SEC) yesterday warned Nigerians against the activities of some fraudsters running an online investment scheme tagged ‘Loom Money Nigeria’.
LOOM

SEC warns Nigerians to beware of Loom ponzi scheme

The Securities and Exchange Commission (SEC) has raised the alarm over the activities of some fraudsters currently running an online investment scheme tagged ‘Loom Money Nigeria’.

Recent Stories

Inflation, high cost of rent deepen Zimbabwean workers’ woes

Zimbabwean workers have been hit hard by high accommodation costs as landlords now demand rentals in foreign currency to cushion themselves from the RTGS dollar which is free falling against the U.S dollar.

NCC to ensure access to pervasive broadband

The Nigerian Communications Commission (NCC) says it will ensure access to pervasive broadband through an Open Access Model as a strategy to narrow the gap between existing and planned fibre infrastructure.
National Bureau of Statistics NBS

NBS to evaluate impact of corruption on Nigerians

The National Bureau of Statistics said it is collaborating with the United Nations Office on Drugs and Crime, and the Department for International Development to conduct a national survey on how corruption is affecting the average Nigerian.
National Judicial Council | NJC

NJC commends President Buhari for accepting Justice Onnoghen’s retirement

The National Judicial Council (NJC) has commended President Muhammadu Buhari for accepting the voluntary retirement of the immediate past Chief Justice of Nigeria (CJN), Justice Walter Onnoghen.

Uche Secondus urges President Buhari, APC not to muzzle parliament

As lawmakers elect principal officers of the 9th National Assembly today, national chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has warned President Muhammadu Buhari and the All Progressives Congress, APC, not to muzzle the legislature and other arms of government.