Businessman Jailed for Refusing to Accept Naira as Legal Tender
Businessman Jailed for Refusing to Accept Naira as Legal Tender Justice Alexander Owoeye of the Federal High Court in Ikoyi, Lagos, on Tuesday, sentenced a businessman, Uzondu Chimaobi, to four years in prison for refusing to accept the naira as legal tender in Nigeria. Chimaobi was charged by the Lagos Zonal Directorate 1 of the […]
Interpol Partners with EFCC in Investigating N1.3tn CBEX Scandal
EFCC Launches Investigation into N1.3tn Fraud Linked to CryptoBank Exchange The Economic and Financial Crimes Commission (EFCC) has initiated a probe into an alleged N1.3tn fraud involving a digital investment platform, CryptoBank Exchange (CBEX). CBEX, which operated under the management of foreign nationals in collaboration with Nigerian partners, reportedly collapsed on Monday, leaving thousands of […]