Frauds & Scandals

SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme

May 7, 2026/US SEC The Securities and Exchange Commission today charged 21 individuals for their alleged involvement in a decade-long insider trading scheme that used information misappropriated from multiple global law firms and resulted in millions of dollars in illicit profits. According to the SEC’s complaint, between 2018 and 2024, […]

The Machine Era of Spam: Nigeria Is Africa’s Most Spammed Country

Image Credit: Truecaller A phone call used to mean a person on the other end. In Nigeria, that is no longer a safe assumption. May 6, 2026/Truecaller Nigeria is the most spammed country in Africa. In 2025, 51% of all unknown calls received by Nigerians were identified as spam or […]

Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless. In a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made […]