How ‘real estate firm’ duped 4,000 investors in fresh Ponzi scheme using Moniepoint, Others..
Six months after the collapse of the N1.3tn CBEX Ponzi scheme that ensnared hundreds of thousands of Nigerians, another wave of desperate investors has fallen victim to a fresh scam masked as a real estate venture, which used fintech accounts. In this special report, IMOLEAYO OYEDEYI uncovers how a shadowy online platform, EMAAR, lured over…
The $290 Million Question: Is Moniepoint a Nigerian Unicorn or a Foreign-Owned Trojan Horse?
WHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests. LAGOS, NIGERIA – December 15, 2025 In a recent announcement that sent ripples across Africa’s fintech landscape, Moniepoint Inc. confirmed it had secured an additional $90 million to close its Series C funding round at a staggering $200 million (Source:…
BREAKING: May Agbamuche-Mbu Takes Over as Acting INEC Chairman
Abuja, Nigeria – October 7, 2025 – In a momentous development for Nigeria’s electoral body, the Independent National Electoral Commission (INEC), seasoned legal expert and National Commissioner, Mrs. May Agbamuche-Mbu, has been appointed the Acting National Chairman. This pivotal handover follows the successful conclusion of Professor Mahmood Yakubu’s tenure, setting the stage for a period…
Osun: NULGE, APC, and PDP in Dispute Over Management of Local Government Funds
Oṣogbo, Osun State – A major political crisis has erupted in Osun State following the alleged release of six months’ worth of local government allocations by the Federal Government, a move that has sparked a fierce confrontation between the National Union of Local Government Employees (NULGE), the ruling Peoples Democratic Party (PDP), and the opposition…
Mide Evicted from Big Brother Naija Season 10
Big Brother Naija Season 10 has taken another dramatic turn as housemate Mide was evicted in the final stretch of the reality show, ending her run just days before the grand finale. Mide’s departure was announced during the latest live eviction show, dashing her hopes of claiming the ₦150 million grand prize in what has…
PENGASSAN Declares Indefinite Nationwide Strike Over Dangote Refinery Sackings
Nigeria’s flagship Dangote Petroleum Refinery, the largest single-train refinery in Africa, has been thrust into crisis after the country’s most powerful oil union ordered a dramatic suspension of crude oil and gas supply to the $20 billion facility. The standoff, which erupted this week, threatens to cripple a refinery widely seen as Nigeria’s most important…
FIVE-STAR ATLETICO HUMILIATE REAL MADRID 5-2 IN DERBY, ENDING LOS BLANCOS’ PERFECT START
MADRID, Spain – Atlético Madrid delivered a spectacular performance at the Metropolitano Stadium on Saturday, routing fierce rivals Real Madrid 5-2 in a pulsating Madrid Derby. The emphatic victory hands Xabi Alonso’s Real Madrid their first defeat of the La Liga season. Argentine striker Julián Álvarez was the undisputed star of the night, netting a…
Manchester City Crush Burnley 5-1 as Haaland Delivers Late Brace
Manchester City returned to winning form with a resounding 5-1 victory over newly-promoted Burnley at the Etihad Stadium on Saturday, though the contest was far tighter than the scoreline suggests. City struck first in the 12th minute when Maxime Estève inadvertently turned the ball into his own net, but Vincent Kompany’s Burnley showed admirable resilience….
Crystal Palace Hand Liverpool First Defeat of the Season in Selhurst Park Thriller 2-1
Liverpool’s flawless opening to the Premier League season was dramatically halted on Saturday evening as Crystal Palace snatched a 2-1 victory at Selhurst Park, courtesy of a last-gasp Eddie Nketiah strike. The Eagles stunned the visitors early, with Ismaïla Sarr pouncing from close range in the 9th minute to hand Palace a deserved lead. Driven…
Stamford Bridge Stunned: Brighton Explode for Three to Secure Famous 3-1 Victory
Stamford Bridge witnessed a dramatic twist of fate on Saturday afternoon as Brighton & Hove Albion mounted a late surge to condemn Chelsea to a 3-1 home defeat, intensifying the scrutiny on the Blues’ faltering campaign. Chelsea appeared in control when Enzo Fernández rose highest to head home in the 24th minute, offering the home…