Frauds & Scandals

Dangote Refinery Dismisses Shutdown Claims, Maintains 50 Million Litres PMS Daily Output

  … Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday…Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians January 5, 2025/Dangote Group Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and […]

Dangote Refinery Condemns Fuel Price Hike Above ₦739/Litre, Nationwide

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 […]

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 […]