Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.
Nigeria's largest trading event, Traders Fair 2026, is coming to Lagos on April 10, 2026. Join for expert seminars, networking, and a chance to win prizes. Register now!
Florida shipping company Myus.com faces multiple fraud allegations from foreign customers claiming stolen packages. Victims report automated denials and jurisdictional barriers when seeking justice.
Naira appreciates to N1,441/$ following CBN's decision to maintain MPR at 27%. Analysis of monetary policy impacts on currency stability and inflation control. Read more.
A Zimbabwe court sentenced fake traditional healer Cain Mushayi to 15 years for attempting to rape a woman during false spiritual cleansing. Learn how to avoid such predators.
Seventeen South African men recruited through social media influencers are trapped in Ukraine manufacturing drones. Investigation reveals global trafficking network exploiting African youth.
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
The Central Bank of Nigeria has intervened with $50 million forex injection to stabilize the naira as currency volatility continues. Learn how this affects Nigeria's economy.
Peace Mass Transit confirms arrest of impersonator Cletus Onwe by DSS operatives. Suspect allegedly duped customers of millions in logistics scam. Read full details.
Lagos High Court sentences fraudster to 50 years for impersonating actor Fredrick Leonard to scam woman of £15,000. EFCC secures conviction after full trial. Read details.
A secondary school student shares heartbreaking experience after being scammed at Computer Village Ikeja. Read his story and learn how to protect yourself from similar fraud.
A Nigerian fashion designer paid N2.6 million for a Lagos apartment only to discover over 30 others were scammed for the same house. She's now seeking public help as authorities fail to act.
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Discover why Nigerian forex traders are protecting positions with risk management instead of cash settlements. Learn strategies for sustainable trading success in Nigeria's volatile market.
Nigerian journalist Reuben Buhari reveals woman scamming residents by faking asthma attacks in Barnawa. Learn how to identify this public deception.
ICPC secures conviction of two National Assembly staff for a N4.8m job scam involving fake CBN and FIRS employment. Justice served as convicts refund money. Beware of fake job offers!
Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.
FCT Minister Nyesom Wike's aide reveals how former Naval Chief Vice Admiral Awwal Gambo was scammed in Abuja land dispute. Full details of the parkland turned residential scandal.
A Zimbabwean nurse faces fraud charges after allegedly using dead people's identities to claim $15,000 in life insurance benefits. Learn how authorities uncovered the scheme.
Cambodia's Prince Holding Group denies US allegations of running transnational scam empire after $15 billion asset seizures. Company claims innocence amid global crackdown.
Zhimin Qian, the 'goddess of wealth', sentenced to 11+ years for massive Bitcoin Ponzi scheme that defrauded 128,000 victims. UK police seized record 61,000 bitcoin worth over £5 billion.
Rochas Okorocha's niece, Uche David Obinali, faces fraud charges for allegedly scamming philanthropist Daniel Kanu of N127 million. Court proceedings continue November 11.
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
A Kenyan woman and her accomplice have been arrested for staging a fake robbery that targeted her British boyfriend, stealing Sh800,000. Read the full investigation details.
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Nigerian comedian Speed Darlington exposes young women who collected transportation money but never showed up at his residence. Watch the viral video as he calls them out publicly!