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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’.
A Hangzhou Intermediate People’s Court on Tuesday sentenced two businessmen Huang Dingfang and Cai Keyi to life in prison for their roles in a 15.6 billion yuan (2.4 billion dollars) pyramid scheme.
Pudit Kittithradilok, 34, received the harsh punishment after he pleaded guilty to operating a Ponzi scheme in Thailand that earned his companies upwards of $160m.
The Justice Ayo Salami-led presidential investigation panel probing corrupt allegations levelled against the suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Tuesday grilled four-unit heads of the commission.
The Lagos State House of Assembly has directed all lawmakers to go for COVID-19 test following the death of the Chairman, House Committee on Information, Strategy and Security, Tunde Braimoh.
The Nigeria Labour Congress has commended the Federal Government for remitting N7.45 billion accrued rights and benefits into the retirement savings accounts of federal retirees covering April and May 2019.
Pastor of the Household of God Church International Ministries in the Oregun area of Lagos State, Reverend Chris Okotie, says online church service, which has become the order of the day due to the COVID-19 pandemic, is unscriptural.
The Nigerian Breweries Plc on Tuesday donated food items, sanitiser and drinks to members of the Correspondent Chapel of the Nigeria Union of Journalists (NUJ) in Imo.
Rivers State Governor Nyesom Wike on Wednesday announced the sack of his Permanent Secretary, Mr Sunny Okere, with immediate effect for flouting and obstructing the enforcement of COVID-19 guidelines.
The Nigeria Football Federation (NFF) has sent birthday wishes to Super Eagles and Nantes forward Moses Simon who clocked 25 years on Sunday.
The Federal Government has concluded plans to initiate Service Compact (SERVICOM) in seven states of the federation to enhance citizens-centred participation in governance.
An NGO, Osogbo Affairs Forum (OSAF), has distributed food items to over 3,000 vulnerable people across seven major communities in Osogbo, to ease the impact of the COVID-19 pandemic.
The Management team of the National Human Rights Commission (NHRC) has advised the staff Union to jettison the proposed strike scheduled to begin on July 16, over the unpaid new minimum wage and investigations allowances.