5 results
- 7 Jul 2026
NRC, Ponzi Scheme Collapses Resulting Loss of Billions of Naira
National Reading Culture (NRC), an online investment platform targeting Nigerians has collapsed, resulting in the loss of billions of Naira for investors. The website unexpectedly shut down, blocking…
- 8 Jun 2025
SEC Flags ‘Punisher Coin’ As High-Risk Scheme
The Securities and Exchange Commission (SEC) has issued a strong advisory, warning the Nigerian public against participating in the presale or promotion of a new cryptocurrency known as Punisher…
- 8 Jul 2016
Naspers Struggles to Run Internet Businesses in Nigeria
Naspers, the most valuable company in Africa, has once again been defeated by an internet business in Nigeria. WeChat, the free messaging and calling app managed in Africa by Naspers has closed its…
- 18 Jun 2025
SEC Flags Zugacoin, Samzuga GPT as High-Risk Meme Coins
Securities and Exchange Commission (SEC) has declared Zugacoin and Samzuga GPT—along with their variants SZCB and SZCB2—as unlicensed and unauthorized to operate within Nigeria’s capital market. This…
- 12 Mar 2012
Experts Carpet ICT Draft Policy
Mrs. Omobola Johnson, Minister of Communications Technology, weekend may have unwittingly got more than she bargained at the public presentation of the new national information communication…