FLASH: SEC Uncovers Another Suspected Illegal Investment Platform, Tofro; Warns Nigerians 

The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The Commission raised the alarm in a notice issued yesterday and made available to newsmen. The Commission warned Nigerians against falling for their tactics to obtain money from them through the promise of unusually high returns. SEC said…

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Governor Diri Dismisses 27 Aides For Attending Pro-Tinubu, Wike Rally

No fewer than 27 political aides of Governor Douye Diri of Bayelsa State have been dismissed following their participation in the inauguration of the Bayelsa State chapter of a grassroots-based political movement, The NEW Associates. The affected aides were reportedly dismissed after attending the inauguration of the Bayelsa chapter of The NEW Associates and participating…

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We Have Traced CBEX Funds To Four Countries – EFCC

The Economic and Financial Crimes Commission (EFCC) has revealed that it has traced funds connected to the failed CBEX cryptocurrency bridge exchange scheme to at least four different countries. EFCC Chairman Ola Olukoyede disclosed this on Wednesday during an appearance on Politics Today, a Channels Television programme. Olukoyede explained that while efforts are ongoing to…

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ICPC Clarifies Statement On NELFUND, Says No Discrepancies In Student Loan Disbursement 

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says there are no discrepancies in the student loan disbursements by the Nigeria Education Loan Fund (NELFUND). A statement issued on Thursday by Demola Bakare, ICPC spokesperson, said the absence of “not” in the agency’s earlier statement created an impression of alleged discrepancies in the…

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NELFUND: Education Minister Reacts To Alleged Deduction Of Student Loans By Universities 

The Ministry of Education has announced that it is investigating allegations of unauthorised deductions from students’ loans and NELFund accounts by universities. The ministry’s Director of Press and Public Relations, in a statement, said that an urgent meeting has been scheduled for 6 May 2025 with the vice chancellors of the affected universities and the…

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May Day: Hunger, Unemployment, Insecurity Real – Tinubu

President Bola Tinubu Thursday acknowledged that Nigerians are experiencing economic hardship, including rising living costs, hunger, insecurity, unemployment, loss of livelihoods, and the pressure of providing for their families. This came as Organised Labour issued a 20-point demand to the Federal Government, urging action on worsening socio-economic conditions in Nigeria, including escalating genocidal killings and…

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