Booming Ponzi schemes pose systemic risk to Nigerian economy

By OBINNA EZUGWU When in 2019, a firm claiming to have expertise in forex trading established a branch office near her house in Enugu, Nigeria, Tina Robert, a young entrepreneur, saw an opportunity for her big break, or so she thought. The firm, MBA Forex and Investment Ltd, had promised a whooping monthly 15 percent … Continue reading Booming Ponzi schemes pose systemic risk to Nigerian economy