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Economy & Business / Editor's Pick / News / Newsbeat

‎‎Again, Nigerians Lose Savings To Ponzi Scheme

‎Nigerians who invested millions of naira in an online investment platform known as PXES are counting their losses after the scheme abruptly stopped paying returns and became inaccessible. ‎DECENCY GLOBAL…

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September 12, 2026
Read more about the article ‎Nine Chinese Jailed One Year Over Ponzi Scheme
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat / World

‎Nine Chinese Jailed One Year Over Ponzi Scheme

‎A Federal High Court in Lagos has convicted and sentenced nine Chinese nationals to one year imprisonment for operating a Ponzi scheme linked to terrorism financing, uncovered in Victoria Island,…

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July 8, 2025