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Rain News
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Breaking News
2025-04-29 07:47:15
EFCC Arrests Aisha Achimugu Over $150M Fraud and Ponzi Scheme Ties
Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has launched a wide-ranging investigation into Aisha Achimugu, a wealthy businesswoman whose lavish lifestyle recently drew national attention. At the heart of the probe are allegations linking her to a massive $150 million fraud and ties to the collapsed MBA Trading Ponzi scheme. Achimugu first made...
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FEDI
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News Feature
2025-04-15 13:19:02
CBEX Scam: Are Nigerians Ever Getting Their Money Back?
Many Nigerians are reeling in shock as CBEX, a popular digital trading platform, has suddenly crashed—allegedly wiping out over N1.3 trillion from users’ accounts. The platform went offline on Monday, and soon after, users discovered that all the money in their wallets had vanished. To make matters worse, CBEX locked its Telegram channels and froze withdrawals. It later told users...
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