EFCC invites Akpabio for questioning over corruption allegations

Key Highlights: The EFCC has invited Godswill Akpabio for questioning over corruption allegations against him. There are reports that President-elect Bola Tinubu may support Akpabio’s bid for Senate presidency. Allegations against Akpabio include N40 billion fraud and N86 billion contract scams. The Economic and Financial Crimes Commission (EFCC) has once Continue Reading

SEC Blacklists Six Unregistered Online Trading Platforms

Key highlights: The SEC has blacklisted six online trading platforms for offering unauthorised investment services. The companies are not registered with the SEC, making their services illegal. Nigerians are advised to be cautious when dealing with these blacklisted companies. The Securities and Exchange Commission (SEC) has blacklisted six online trading Continue Reading

DPI announces $165 million equity investment in Kazyon Ltd

An Africa-focused private investment firm, Development Partners International (DPI), has announced a $165 million equity investment in Kazyon Ltd., with co-investors including British International Hassan Heikal, Chairman and Founder of Kazyon Ltd disclosed this in a press release on Monday.  As the company strives to accelerate its expansion plan across Continue Reading

Russia confirms plans to use ‘Evil Crypto’ in foreign trade

be helpful in international agreements. However, they agreed “it is impossible to do without cross-border settlements in cryptocurrency,” as Moiseev revealed in September of last year because sanctions pressure on Russia increased as a result of its invasion of Ukraine. “Of course, crypto is generally evil. I believe that people Continue Reading

Two Killed, 12 Injured in Kogi State Road Crash, FRSC Says

col gap-1 md:gap-3 lg:w-[calc(100%-115px)]”> Key Highlights: Two people lost their lives while 12 others sustained injuries in a lone crash involving a Toyota Hiace bus conveying 18 passengers, including the driver. The accident, which occurred on Sunday around 3.30 am at Irepeni village along Zariagi-Okene Road, was caused by overspeeding Continue Reading