December 21, 2025/Dangote Group … Warns Against Artificial Scarcity, urges Nigerians to report MRS’s non-compliant stations Dangote Petroleum Refinery has commenced nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre across all MRS Oil Nigeria Plc filling stations. This move represents a significant […]
Frauds & Scandals
EC Charges Three Purported Crypto Asset Trading Platforms, Four Investment Clubs with Scheme Targeting Retail Investors on Social Media
Defendants misappropriated $14 million from retail investors using fake trading and fake offerings December 22, 2025/US SEC The Securities and Exchange Commission today filed charges against purported crypto asset trading platforms Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., and Cirkor Inc. and investment clubs AI Wealth Inc., Lane Wealth […]
CBN Revokes Licences of Aso Savings, Union Homes
December 18, 2025/CSL Update The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory breaches and weak financial conditions that rendered both institutions unviable. The revocations took effect on 15 December 2025 and […]
