March 9, 2018/CBN We have observed, with concern, the significant increase in the number of complaints the Central Bank of Nigeria (CBN) receives from customers of financial institutions especially deposit money banks’ customers on various banking products and services. The complaints range from allegation of excess charges, unauthorized deductions, excess […]
Frauds & Scandals
The Cost of Corruption in Nigeria … and More Deaths Than We Should Have
Culled—-Proshare March 8, 2018/Andrew S Nevin, PhD We published our Cost of Corruption paper a while back – back at the beginning of 2016 (in fact, we were very privileged to be able to present it to the Vice President of Nigeria before releasing publically). In the paper, we showed […]
Japan punishes seven cryptocurrency exchanges over regulatory lapses
7/3/2018/Reuters Taiga Uranaka, Thomas Wilson Japan on Thursday punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection after the $530 million theft of digital money from Tokyo-based Coincheck Inc. The Financial Services Agency criticized the exchanges for lacking the […]
