A new CBEX-like ponzi scheme is in town, and it’s called BWALL
A new cryptocurrency Ponzi scheme named BWALL has emerged, closely resembling the recently collapsed CBEX scheme.
Business and Economy
IBEDC fines customer ₦310,000 over ‘low power consumption’
The claim was later disproved, as Okusanya had used only ₦5,000 worth of power over two years.
Canal+ acquires full ownership of MultiChoice in $3 billion deal
For Canal+, the deal represents a major strategic expansion into Africa’s booming media and entertainment market
Nigeria’s passport reaches 88th place in global ranking, highest since 2020
The Nigerian passport has reached its highest position in five years, climbing to 88th out of 199 countries in the Henley Passport Index released on July 18.
ADC to Tinubu: Rebasing GDP won’t feed Nigerians amid hunger, insecurity, poverty
Economic growth means nothing if it leaves the majority of the people behind and is not felt on the dining table and in the marketplace
Avoid scams! How to verify if a business is truly registered with CAC
The commission flagged three fraudulent entities that displayed counterfeit CAC certificates and RC numbers
Nigeria forfeits $18bn annually to multinationals’ tax evasion
It is estimated that Nigeria loses about $18 billion annually due to profit-shifting
Senate angry over N210trn audit query as Tinubu’s intervention stops NNPCL boss from appearing
Using President Tinubu as an excuse for failing to appear before the committee should not be allowed to continue.
Goldman Sachs warns of slower U.S. growth as tariffs weigh on economy
Goldman Sachs expects U.S. economic growth to slow to 1.1% in 2025 due to rising tariffs and inflation.
Why no refinery may emerge again in Africa – Dangote
Business mogul Aliko Dangote has warned that no new major refineries may be built in sub-Saharan Africa without strong political support.