June 4, 2025 By Chima Nwokoji – Lagos Tensions are rising in Ekugba community, located in Ohaji/Egbema Local Government Area of Imo State, as residents accuse Seplat Energy of long-standing neglect and failure to pay appropriate compensation as a host community to the company’s oil operations. The community claims it […]
Frauds & Scandals
Abbas Jega, Ex-AMCON ED, Testifies, Says Arik Never Cooperated With AMCON
June 4, 2025/AMCON A former Executive Director at Asset Management Corporation of Nigeria (AMCON), Mr Abbas Muhammed Jega, on Wednesday, June 4th, appeared at the Special Offences Court in Ikeja, Lagos, to testify in the ongoing case between the Economic and Financial Crimes Commission (EFCC) vs the ex-AMCON MD/CEO, Ahmed […]
SEC Alerts on Ponzi Schemes, Urge Vigilance to Safeguard Investors, Economy
May 29, 2025/CAMCAN The Securities and Exchange Commission (SEC) has sounded a renewed warning on the dangers of Ponzi schemes, highlighting their devastating impact on investor confidence, financial stability, and the Nigerian capital market. This was the central theme of a paper titled “Ponzi Schemes: Avoiding the Pitfalls of Illegality” […]
