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Brisk Capital MD offering ‘60% ROI’ arrested over ‘N2bn investment fraud’

    Brisk Capital MD offering ‘60% ROI’ arrested over ‘N2bn investment fraud’

Operatives of the police special fraud unit (PSFU) have arrested Dominic Ngene Joshua, the managing director of Brisk Capital Limited, for allegedly diverting investors’ funds worth over N2 billion. Joshua

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AfDB to invest $3bn in Africa’s pharmaceutical industry

    AfDB to invest $3bn in Africa’s pharmaceutical industry

The African Development Bank (AfDB) says over the next ten years, it will invest $3 billion to build Africa’s pharmaceutical industry. Akinwumi Adesina, AfDB president, disclosed this on Tuesday at

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Investment in Bitcoin prone to fraud, EFCC warns

    Investment in Bitcoin prone to fraud, EFCC warns

The Economic and Financial Crimes Commission on Monday warned Nigerians to be cautious before investing in Bitcoin. The anti-graft agency explained that due to the unregulated nature of the cryptocurrency

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Sanwo-Olu: Lagos targets $10bn agric investment in five years

    Sanwo-Olu: Lagos targets $10bn agric investment in five years

Babajide Sanwo-Olu, governor of Lagos, says investment in the agricultural sector of the state is projected to hit $10 billion in five years. The governor disclosed this at the formal

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Hyundai, KIA to establish assembly plants in Ghana

  Hyundai, KIA to establish assembly plants in Ghana

Hyundai and KIA, South Korean multinational automotive manufacturers, are set to establish assembly plants in Ghana by the end of

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NIPC: Balyesa, Delta beat Lagos to become top investment destinations for Q1 2021

  NIPC: Balyesa, Delta beat Lagos to become top investment destinations for Q1 2021

The Nigerian Investment Promotion Commission (NIPC) says investment in Nigeria rose to $8.41 billion in the first quarter of 2021

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Ighodalo: Nigeria’s economy overregulated — not good for investors

  Ighodalo: Nigeria’s economy overregulated — not good for investors

Asue Ighodalo, chairman of the Nigerian Economic Summit Group (NESG), says excessive government regulations imposed on businesses drive away potential

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Mastercard invests $100m in Airtel’s mobile money business

  Mastercard invests $100m in Airtel’s mobile money business

Mastercard, a global payments technology company, now owns a minority stake in Airtel Africa’s mobile money business. This comes after

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AT A GLANCE: Twinkas, MBA Forex… Nigerians name ‘fraudulent’ investments

  AT A GLANCE: Twinkas, MBA Forex… Nigerians name ‘fraudulent’ investments

In recent years, Nigerians have been victims of various ponzi schemes ranging from MMM to Loom. Despite the widespread reach

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NNPC renegotiates commercial contract terms with major oil firms

  NNPC renegotiates commercial contract terms with major oil firms

The Nigerian National Petroleum Corporation (NNPC) is renegotiating commercial contract terms with major oil firms, in a move to keep

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