Nigerian Entrepreneur Charged With Fraud in Houston Faces 25 Years in Jail
If convicted, Adiakpan could face up to 25 years in prison and fines up to $750,000.
The case is being investigated by the FBI and IRS and prosecuted by U.S. Attorneys.
Category: Featured
PWAN is a Scam, SEC Warns Potential Investors
The SEC is standing up against Ponzi schemes in Nigeria. It is reaching out to the unaware in marketplaces, distributing fliers and instructing investors to look carefully before a leap.
Several Ponzi Schemes have succeeded in Nigeria in recent years, and these warnings are coming later than expected. The latest of those is CBEX. The EFCC is still out to find those involved.
AI holds great promise for healthcare and medicine – WHO
In its new guidance published today, the World Health Organisation, WHO said that it recognizes the great promise which Artificial…
Lai Mohammed advises the media in Nigeria to set up desk against fake news
The Minister of Information and Culture, Alhaji Lai Mohammed, has advised media organizations in Nigeria to set up a special…
FBI seeks to collaborate with EFCC in tackling cybercrimes
A three-man team of the Federal Bureau of Investigation, FBI, on May 4, 2021, paid a courtesy visit to the…
FG responds to DSS alert about agenda by group to plunder government
Statement from the FG, following an alert by the DSS about plans to plunder the government. The Department of State…
Engaging in fast-moving consumer goods FMCG, business in Nigeria
The consumer goods industry and business in Nigeria are already conquered by top companies like Nigerian Breweries. However, there is…
Nigeria: Exchange rate unification by CBN is a key part of economic recovery
NESG submits reports on achieving resilient economic growth in 2021, says exchange rate unification by CBN is key. In order…
Nigeria is a low ranking country in the overall regional integration of Africa
Data from the second edition of the African Regional Integration Index (ARII) has detailed the scores of every country on…
Uber, Bolt is refusing to upgrade drivers’ welfare in Nigeria
Uber, Bolt drivers in Nigeria have received poor treatment from their employers over the years. Several Uber and Bolt drivers…