Abraham

A suspect traveling from Benin to Abuja, arrested with five pistols and live ammunitions in a Toyota Tacuma at Oguda Bridge, along Okene-Auchi Road, WonderTV media reports. WonderTv media learnt that the suspect was traveling to Abuja from Benin in a Toyota Tacoma when he was intercepted by the police. The police officers found five […]

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The Akwa Ibom State Police Command has arrested a suspected fraudster identified as Emeka Akuma, who bought a Lexus 330 Salon car with fake bank alert at Festac town in Lagos state and escaped with the vehicle to Uyo, IgbereTV reports. Spokesperson of the command, SP Odiko MacDon, who disclosed this in a statement on

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N13million Employment Scam: Fake Medical Doctor Arrested By The EFCC In Uyo

Operatives of the Uyo zonal office of the Economic and Financial Crimes Commission, EFCC on February 3, 2021 arrested one Edidiong Emmanuel Inyang, a fake medical doctor who specialize in employment scam.  He was arrested along Ritman University Road, Ikot Ekpene, Akwa Ibom State. Inyang ran into trouble when his brother-in-law, one Charles Bassey Udonde,

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How FBI Warned FG, CBN On Scammers Using Cryptocurrencies To Defraud The West

Christine Lagarde: Bitcoin facilitates questionable transactions •Nigeria surged to second highest crypto destination in the world raking $200 to $300million a week without underlining economic activity, alarming the CBN •FG alarmed kidnappers had switched to bitcoin for ransom payments Tobi Soniyi in Lagos and Chuks OkochaMore facts have emerged on why the Central Bank of

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CBN: Why We Banned Cryptocurrency In Nigeria

The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist fromtransacting in cryptocurrencies. In a statement on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications, clarified that that the CBN circular of February 5, 2021 did not place any new restrictions on cryptocurrencies. He recalled that

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Man Jumps To His Death After EFCC Stormed 1004 Estate Lagos For Arrest

Man Jumps To His death After EFCC Stormed 1004 Estate Lagos For Arrest (Photos/Video) A yet to be identified man has reportedly died after he jumped from the 6th floor of the 1004 Estate in Lagos this morning, IgbereTV reports. According to reports, EFCC officials stormed the Estate this morning to arrest some suspected fraudsters.

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CBN New Policy On Cryptocurrency: What You Should Know

This afternoon, a Central Bank of Nigeria (CBN) circular sent to commercial banks and other financial institutions surfaced online. Here is a thread explaining what the circular means and why the CBN issued it.  Cryptocurrencies have gained popularity since bitcoin, the most valuable crypto, rose significantly four years ago. The coin went from $900 in

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