Category : Search result: cryptocurrency scam Nigeria


Nigerian Boy Uses School Fees to Buy Bitcoin, Dad Rages

A Nigerian father was left furious after discovering his son used his entire school fees to invest in Bitcoin. The viral story has sparked intense online debate about risky investments and financial responsibility among youths.

Police Arrest 20-Year-Old for ₦1bn Romance Scam

Nigerian police arrest Essien Emmanuel Akpama, 20, at Lagos airport for a massive romance fraud scheme targeting US victims. Details of the cryptocurrency and celebrity scam revealed.

Airport Police Nab Suspect in N1bn Romance Fraud

A 20-year-old man was arrested at MMIA Lagos over a massive international romance and celebrity fraud scheme exceeding ₦1 billion. Read the full details of the police operation.

Bitcoin's 2025 Plunge Rattles Corporate Investors

The year-end cryptocurrency crash exposes risks for companies like Strategy that bet heavily on bitcoin. Learn why their models are under pressure and what the future holds for corporate crypto holdings.

Opay Debunks N5,000 Christmas Giveaway Claim

Opay has officially denied a viral social media claim about a N5,000 Christmas giveaway. The fintech warns users against scams and shares vital security tips. Read more to stay safe.

Trump Orders US Strikes on ISIS in Nigeria

US President Donald Trump announced deadly military strikes against ISIS terrorists in Northwest Nigeria on Christmas, citing attacks on Christians. Read the full details.

N-HYPPADEC Denies Fake Recruitment in New Bussa

N-HYPPADEC disowns a fraudulent recruitment screening exercise in New Bussa, Niger State. The Commission urges the public to verify information via official channels to avoid scams.

Woman fakes kidnap, extorts ₦2.5m from husband

Lagos police arrest a 26-year-old woman and accomplice for staging her own abduction to extort money from her husband. Full investigation details revealed. Report any suspicious activity to the police.

Visa Scam: Cameroonian Woman Loses N2m in Ogun

A Cameroonian woman was defrauded of over N2 million in a visa scam in Ibafo, Ogun State. Swift police action led by the DPO ensured her welfare and safe return. Read how the incident unfolded.

EFCC Arrests Herbalists with Counterfeit Millions

EFCC operatives arrest five herbalists in Osun and Lagos with counterfeit $3.4m and €280k. The syndicate defrauded victims of millions under pretence of spiritual cleansing. Read the full details.

Bitcoin Self-Custody Service Launches in Nigeria

Stealth Money introduces Africa's pioneering Bitcoin self-custody platform in Nigeria, offering secure hardware wallet delivery in Naira. Take control of your digital assets today.

Student Burned Alive in Vienna Crypto Extortion

A Ukrainian student was tortured and burned alive in Vienna after being forced to hand over cryptocurrency. Two suspects, including a fellow student, have been arrested. Read the shocking details.

EFCC Returns N96.5m to Ponzi Scheme Victims

The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.

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