Investors Bite

How Nigerians Beat Bitcoin Scams

The country’s embrace of the cryptocurrency has led to some old-school precautions against fraud. 21/1/2018/Bloomberg By Tim McDonnell Depending on your feelings about Bitcoin, it may seem appropriate that Nigeria’s love for the cryptocurrency began with a scam. Mavrodi Mondial Moneybox (MMM), a 30-year-long global Ponzi scheme that began in […]

Wapic Insurance Signs MoU with Nigerian Football Federation

January 22, 2018/NSE Wapic Insurance Plc. (‘’Wapic.’’) wishes to notify its shareholders, stakeholders and The Nigerian Stock Exchange (‘’the Exchange’’) that it has signed a Memorandum of Understanding (MoU) with the Nigeria Football Federation (NFF) thus, making Wapic the official insurance services provider to the NFF and co-sponsor of the […]

Oando Confirms Dahiru Mangal is a Substantial Shareholder of the Company

January 22, 2018/NSE In accordance with the Companies and Allied Matters Act, Cap. C20 LFN 2004 (‘CAMA’) an individual or entity with direct / beneficial share ownership over 10% constitutes a substantial shareholder in the Company. The Company has been officially notified by Alhaji Dahiru Mangal (’Alhaji Mangal’) that he […]