27 h. ago Nigerians lose ₦1.3 trillion as alleged Ponzi scheme CBEX collapses

From Chinenye Anuforo Thousands of Nigerians face financial ruin after the collapse of CBEX, a digital investment platform accused of running a Ponzi scheme that allegedly vanished with over ₦1.3 trillion ($850 million USD). The fallout has sparked widespread distress, with victims sharing devastating stories on social media. One investor, quoted in a transcribed audio […] The post Nigerians lose ₦1.3 trillion as alleged Ponzi scheme CBEX collapses appeared first on The Sun Nigeria.

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31 h. ago ICAN, NGX: Enhanced reporting, transparency key to Nigeria’s investor appeal

From Chukwuma Umeorah The Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited (NGX RegCo) have emphasised that transparent corporate reporting is vital for attracting both local and foreign investors to Nigeria’s capital market. This was highlighted at the second ICAN-NGX Corporate Reporting Award in Lagos on Tuesday, which honoured listed companies excelling […] The post ICAN, NGX: Enhanced reporting, transparency key to Nigeria’s investor appeal appeared first on The Sun Nigeria.

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1 week ago Fiscal Responsibility Commission, ICP, others seek transparency, accountability in LG administration

Tribune Online Fiscal Responsibility Commission, ICP, others seek transparency, accountability in LG administration Key government agencies, including the Fiscal Responsibility Commission (FRC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and the Code of Conduct Bureau (CCB), have intensified calls for transparency, accountability, and fiscal discipline in local government administration in the Federation. Fiscal Responsibility Commission, ICP, others seek transparency, accountability in LG administration Tribune Online

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1 week ago Beyond barrels & balance sheets: The investor relations revolution Nigeria’s national energy giant must lead

How Nigeria’s energy giant can turn sceptics into shareholders with world-class capital markets storytelling It’s no coincidence that this piece read more Beyond barrels & balance sheets: The investor relations revolution Nigeria’s national energy giant must lead

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2 w. ago BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO

• Targets attracting $30bn in investments by 2027, $60bn by 2030   From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu, in a bold move to reshape Nigeria’s oil and gas sector and restore investor confidence in a more commercially viable entity, has dissolved the board of the Nigerian National Petroleum Company (NNPC) Limited, removing its chairman, […] The post BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO appeared first on The Sun Nigeria.

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2 w. ago BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu desolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

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2 w. ago BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non

• Targets attracting $30bn investments by 2027, $60bn by 2030.   From Juliana Taiwo-Obalonye, Abuja     President Bola Tinubu in a bold move to reshape Nigeria’s oil and gas sector as well as restore investor confidence in a more commercially viable entity, President Tinubu also set ambitious targets for the oil sector under his […] The post BREAKING: Tinubu dissolves NNPC board, replaces Kyari as GCEO with Ojulari, names Kida as new non-executive chairman appeared first on The Sun Nigeria.

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2 w. ago JUST IN: Tinubu signs Investment and Securities Bill 2025 into law

By Chukwuma Umeorah     President Bola Tinubu has signed the Investments and Securities Bill (ISB) 2025 into law, replacing the Investments and Securities Act No. 29 of 2007. The enactment of the new law, now known as the Investments and Securities Act (ISA) 2025, aims to strengthen Nigeria’s capital market framework, enhance investor protection, […] The post JUST IN: Tinubu signs Investment and Securities Bill 2025 into law appeared first on The Sun Nigeria.

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3 w. ago Global Money Week: SEC harps on financial inclusion for youths

Tribune Online Global Money Week: SEC harps on financial inclusion for youths As part of its commitment to investor education and financial inclusion, the Securities and Exchange Commission (SEC) Nigeria has expressed its readiness to equip children and young Nigerians with relevant knowledge to enable them to make informed financial decisions. Global Money Week: SEC harps on financial inclusion for youths Tribune Online

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3 w. ago Equities market bleeds 4th consecutive week, investors lose N532bn

By Chukwuma Umeorah The Nigerian equities market extended its losing streak for the fourth consecutive week, as heightened selling pressure, profit-taking, and macroeconomic concerns dampened investor sentiments. The benchmark Nigerian Exchange All-Share Index (NGX ASI) declined by 0.94 per cent to close at 104,962.96 points for the week ended March 21, 2025. This downturn resulted […] The post Equities market bleeds 4th consecutive week, investors lose N532bn appeared first on The Sun Nigeria.

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