May 14, 2026/SEC Nigeria The Securities and Exchange Commission (SEC) has warned Nigerians against investing in illegal online investment schemes being promoted across social media platforms, saying many of them exhibit characteristics of Ponzi and prohibited investment operations. In a public notice issued on Thursday, the Commission said its attention […]
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 […]
