On Page 28 of his very provocative book, The Present Darkness: A history of Nigerian organized crime, (2016) Stephen Ellis, British historian and Africanist, compared Nigerian politics to con artistry ...

Emomotimi Agama, director-general (DG) of security and exchange commission (SEC), says the CBEX digital trading platform was ...

Nigeria’s long-standing battle with Ponzi schemes has woven a dark tale of financial deception, one that stretches over ...

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are ...

Hundreds of Nigerians have lost billions of naira to several Ponzi schemes in the last decade and many more have got their ...

Ponzi schemes have become dangerously attractive in a country like Nigeria, where many are constantly seeking financial breakthroughs. These schemes promise quick returns, little to no risk, and ...

We contacted the White House to ask if Musk wanted to comment but received no reply. The term originated with Charles Ponzi, ...

“Ponzi schemes didn’t start today. It’s a global malaise. It started in the 20th century with a man called Charles Ponzi, who then promised that he was going to be able to give every ...

Following promises by the EFCC to track CBEX operators, internet searches have identified names and faces of individuals ...

The government must learn from this tragic scheme and be more proactive, not just in policy formulation but in making sure ...