Category: Finance

Swiss Golden Ponzi Scheme: One Russian, two Nigerians arrested by EFCC

Swiss Golden Ponzi Scheme: One Russian, two Nigerians arrested by EFCC

After receiving thousands of complaints from investors of Swiss Golden Investment which was advertised as an online investment, the Economic and Finan ...
MMM announces final shutdown after Mavrodi’s death, takes down official website

MMM announces final shutdown after Mavrodi’s death, takes down official website

According to reports, Popular Ponzi scheme, MMM, has fully shut down its System and operations globally following the death of its founder and owner, ...
U.K declares a U.K branch of Pastor Chris Oyakhilome’s Christ Embassy bankrupt

U.K declares a U.K branch of Pastor Chris Oyakhilome’s Christ Embassy bankrupt

The United Kingdom's Charity Commission, the agency that regulates charity organisations in U.K, has declared a U.K branch of Christ Embassy, owned by ...
Man returns N30,000 wrongly dispensed to him by ATM to Diamond Bank

Man returns N30,000 wrongly dispensed to him by ATM to Diamond Bank

An Abuja based man, Malam Adamu Askira, has returned a sum of N30,000 erroneously dispensed to him by an ATM to Diamond bank. A Facebook user, Sula ...
OLX shut down its Nigerian office, sack all employees

OLX shut down its Nigerian office, sack all employees

There are indications that OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over 100 of its ...
Bitcoin value drops below $8,500

Bitcoin value drops below $8,500

It is reported that Bitcoin has had a disastrous week, falling below $8,500 today as investors remain spooked about the future of cryptocurrencies. Ac ...
Ikoyi Whistleblower Speaks On EFCC, Reveals Assassination Attempt (Video)

Ikoyi Whistleblower Speaks On EFCC, Reveals Assassination Attempt (Video)

This one na blowing whistle on ones self... lol! Abdulmumin Musa, one of the Whistle blowers of the famed Ikoyi billions case, has disclosed details o ...
World’s Biggest Diamond sells for $53m

World’s Biggest Diamond sells for $53m

British jeweller Graff said Tuesday it has purchased the world’s largest uncut diamond — roughly the size of a tennis ball — for $53 million (44.5 mil ...
Top up or close your accounts, Barclays bank tells Nigerians with less than £100,000 balance

Top up or close your accounts, Barclays bank tells Nigerians with less than £100,000 balance

Top UK bank tells international customers to adjust to a new £100,000 minimum balance policy or close down their accounts ...
Celebrating 6 months anniversary of the second coming of MMM – Have you retrieved your money?

Celebrating 6 months anniversary of the second coming of MMM – Have you retrieved your money?

Today makes it 6 months since the revival of the scheme and we at Correctng.com are looking into the case of different participants; Have you been ab ...
E-fraud Database Established By Bankers Committee To Blacklist Fraudsters

E-fraud Database Established By Bankers Committee To Blacklist Fraudsters

The Bankers Committee, comprising of the Central Bank of Nigeria, CBN, Nigeria Deposit Insurance Corporation, NDIC and chief executives of banks, yest ...
BREAKING NEWS: Naira Crashes Further Against Dollar

BREAKING NEWS: Naira Crashes Further Against Dollar

At the parallel market on Tuesday, the Naira suffered further loss against the dollar, resulting also from the CBN's intervention to both the Interban ...
Amaechi seeks National Assembly’s approval to borrow $1.5 billion

Amaechi seeks National Assembly’s approval to borrow $1.5 billion

The minister of transport, Rotimi Amaechi, who appeared before the Senate Committee on Land Transport on Tuesday is seeking the National Assembly's ap ...
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