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Britain’s biggest lender, Lloyds Banking Group Plc, has disclosed that it would ban its credit card customers from buying crypto currencies.
The Senate of the Federal Republic of Nigeria has expressed great concern over the widespread usage of Bitcoin, a form of Cryptocurrency and other ponzi schemes across the country.
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.”
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.
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 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.
Governor Mohammed Abubakar of Bauchi State has said that he was committed to uniting all aggrieved members of the All Progressives Congress (APC) in the state.
Dr. Dakuku Adol Peterside, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has described security in the Nigerian Maritime domain as work in progress that requires the commitment of all stakeholders to ensure optimum safety of all investments in the sector.
The All Progressives Congress (APC) says Timi Frank, a former deputy spokesman of the ruling party, spoke in his personal capacity.
Rivers State Governor Nyesom Ezenwo Wike has alerted Nigerians wth claims that the APC Federal Government is plotting to assassinate him in a crowd and claim accidental discharge.
US President Donald Trump sharpened Sunday his accusations that his presidential campaign was "infiltrated" or spied on for political purposes, saying he would officially "demand" a Justice Department investigation.
The death toll of Nigerians killed in South Africa has continued to rise, with two South Africa-based Nigerians being the latest victims.
Senate President Dr Bukola Saraki and Minister of Information and Culture, Alhaji Lai Mohammed, are in serious battle for the soul of All Progressives Congress (APC) in Kwara, with both participating in parallel state congress in Ilorin on Saturday, to elect state executives.
Business mogul and president of Dangote Group, Aliko Dangote, on Thursday visited former military President Ibrahim Babangida at his uphill residence in Minna, Niger state capital.
Nigeria has been projected to add no fewer than 189 million people to its current population between 2018 and 2050, the UN Department of Economic and Social Affairs (DESA), said.
A presidential aspirant on the platform of National Conscience Party (NCP), Thomas-Wilson Ikubese, on Monday renounced his membership of the party.