Category : Search result: N16 billion fraud allegation


Spotify Faces Lawsuit Over Alleged Streaming Fraud

New legal battle erupts as Spotify faces explosive allegations of manipulating streaming numbers and underpaying artists. Discover how this could affect Nigerian musicians and the global music industry.

Nvidia & Deutsche Telekom Launch €1B AI Hub in Germany

Tech titans Nvidia and Deutsche Telekom announce groundbreaking €1 billion AI partnership to establish Europe's premier artificial intelligence development hub, accelerating digital transformation across the continent.

Court Denies Mompha's No-Case Submission in ₦6B Case

Instagram celebrity Ismaila Mustapha, known as Mompha, faces full trial as Federal High Court dismisses his no-case submission in massive ₦6 billion money laundering case. EFCC presents compelling evidence.

$5B Funding for 500,000bpd Nigerian Refinery

In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.

DJ Carey Jailed for Faking Cancer Scam

Former celebrity DJ Carey receives prison sentence after orchestrating elaborate cancer scam that deceived family and friends out of substantial funds in emotional fraud case.

Myanmar Scam Crackdown Sparks Recruitment Frenzy

Massive raids on Myanmar's cybercrime operations have triggered an unprecedented recruitment frenzy as fraud syndicates scramble to replace arrested workers. Discover how this affects global scam activities.

NIPSS N1.1B Lawsuit: Court Hearing Begins

The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.

Nigerian Student Jailed in UK for Scamming Teenager

A Nigerian Masters student at the University of Sussex has been sentenced to prison in the UK for scamming a teenage girl through deceptive online schemes. Discover the full details of this shocking case.

NASS Loan Approval: Why Nigerians Shouldn't Worry

Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.

Thai Women Busted in Nigeria Romance Scam

Three Thai nationals arrested in Nigeria for allegedly running sophisticated online romance scams targeting vulnerable victims worldwide. Police reveal international cybercrime operation.

Zimbabwean Prophet Who Claimed HIV Cure Arrested

Controversial Zimbabwean prophet, Isaiah Shingai, previously known for claiming to cure HIV/AIDS, has been arrested on serious charges including r3pe and fraud. The self-proclaimed man of God's dramatic fall from grace has left his followers in shock.

Nigerian Banks Lose Billions to Fraud in 2025

New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.

VFD Group Q3 Earnings Soar to N60.7 Billion

VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.

Tinubu Responds to Trump's Nigeria Election Claims

Nigerian President Bola Tinubu personally responds to former US President Donald Trump's explosive allegations about Nigeria's 2023 election integrity. Get the inside story on this diplomatic showdown.

NFF VP Debunks ₦12B Kebbi Stadium Rumors

NFF Vice President Sheu Dikko clarifies misconceptions about Kebbi State Stadium funding, revealing the truth behind viral ₦12 billion claims in detailed explanation.

Nigeria's Worst Ponzi Schemes Exposed

A shocking investigation reveals Nigeria's worst Ponzi schemes that defrauded thousands of investors. Discover the tactics used and how to protect yourself from financial scams.

Pastor Disappears After Taking 7 Years Rent

A Nigerian lawyer exposes how a pastor disappeared after collecting 7 years advance rent from church members in a shocking case of religious fraud that has left victims stranded.

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