Category : Search result: market theft


NCDC Warns Against Fake Websites and Identity Theft

The Nigeria Centre for Disease Control and Prevention warns the public about fraudulent websites and addresses. Verify all communications to avoid scams and protect your identity. #NCDC #ScamAlert

4 Oil Theft Suspects, Vessel Handed Over in Delta

Tantita Security Services arrests four oil thieves, intercepts vessel MT Thor in Delta. Handover to Inter-Agency Task Force marks a key step in curbing economic sabotage in Niger Delta. Read details.

Nigerian Convicted in US for $7.5M Fraud

Olusegun Samson Adejorin, a Nigerian national, faces decades in US prison after a federal jury convicted him of wire fraud and identity theft targeting charities. Sentencing is set for April 2026.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

Two Arrested for Telecom Vandalism in Osun

Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Agbero Flees With Woman's Bottle of Fanta in Lagos

A Lagos woman was left distressed after a tout, known as an 'agbero', snatched her bottle of Fanta and fled. The incident, captured on video, has ignited discussions on public safety. Read the full story.

Thieves Steal Church Speakers, AC; Pastor in Pain

A Nigerian pastor is heartbroken after thieves raided his church auditorium, carting away speakers and an air conditioner. The incident raises security concerns for places of worship. Read the full report.

Nigerian Sentenced to 20 Years in US for Major Fraud

Oluwaseun Adekoya, a Nigerian resident in New Jersey, has been sentenced to 20 years in a US federal prison for masterminding a sophisticated $2 million identity theft and bank fraud operation. Read the full details of the multi-state scheme.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

Activist Gwamnishu Denies Stealing Kidnap Ransom

Nigerian activist Harrison Gwamnishu breaks silence after being accused of stealing part of a ransom meant for a pregnant kidnap victim and her husband in Edo. Read his full response.

Page 1 of 4