Barely days after the suspension of financial activities on controversial money doubling scheme, Mavrodi Mundial Moneybox (MMM), saw the rise of another Ponzi scheme, NNN Nigeria....
I think MMM is gone for good for the following reasons : 1. There’s no central account. This implies that the so called Mavros are simply...
Heritage Bank Plc, SaharaReporters has learnt, is a ghost that its management is desperately trying to give the appearance of a virile financial institution. Sources in...
As the popular ponzi scheme, Mavrodi Mudial Moneybox, MMM, has seemed to induct many Nigerians into its fold, Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit...
The National Bureau of Statistics (NBS) says the country’s unemployment rate has risen from 13.3 per cent in the 2nd quarter to 13.9 per cent in...
Following months of exploration activities, Borno State has joined the club of states producing oil in the country with the discovery of crude oil in the...
China is no longer the biggest foreign creditor to the US government, according to the latest data released by the US Treasury Department, a change that...
There are strong reports that Heritage Bank may be running into distress amidst the economic squeeze in Nigeria that has strangled businesses. If a poll is...
The Nigerian Stock Exchange services the largest economy in Africa, and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services,...
A top NNPC staff who appeared before the House of Representatives has left them in shock after he said the agency does not know the number...