SEC asks young Nigerians to avoid Ponzi Schemes
Young Nigerians have been urged to ensure they invest with entities that are registered by the Securities and Exchange Commission (SEC).
Nestor Ikeagu, Director, Market Development…
Browsing Tag
Ponzi scheme
Wonder banks where money can’t make money
In the last couple of months, I have not heard from my Angolan friend, Dave Jedodo. A theatre arts professional, Dave called me a few days ago. After exchanging pleasantries, my friend…
Ponzi scheme: NDIC warns on fraudulent financial firms
The Nigeria Deposit Insurance Corporation (NDIC) has advised Nigerians to beware of ponzi schemes operating under the guise of financial firms.
Chima Onyechere, the zonal controller of…
Why Nigerians keep falling victim of Ponzi scheme – experts
Poverty, greed, and lack of financial education have been identified as reasons Nigerians continue to fall victims of ponzi schemes, investment experts have said.
According to them,…
‘MMM Culture’ and the African worldview: A match made in hell (2)
In 1998, 18 years after emerging from Rhodesian apartheid rule, Zimbabwe was at a crossroads. One of the key promises of the Chimurenga (Liberation War) was that expropriated land held by…