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Rivers forex investors panic over operator's alleged collapse – Punch Newspapers - Vimarsana News

Rivers forex investors panic over operator's alleged collapse – Punch Newspapers

Punch Newspapers Sections Dennis Naku, Port Harcourt The fate of over three thousand investors of a trading company known as MBA Forex in Port Harcourt, Rivers State is hanging in the balance over alleged collapse of the firm. Many investors decried the firm’s failure to fulfil its agreement of paying them their monthly dividends that depend on individual investment for October, November and December. Our correspondent who visited the company’s imposing office located at Waterlines bus stop, Aba Road observed that the gate was closed, with no sign of activity going on there. A lady who wa...

Daily Trust - Extortion, racketeering, dearth of materials trail NIN regis - Vimarsana News

Daily Trust - Extortion, racketeering, dearth of materials trail NIN regis

While the registration and issuance of NIN to Nigerians is supposed to be free, findings by our correspondents across some NIMC registration centres indicate that applicants are being extorted during the exercise. The extortion and racketeering in the registration process seem to have exacerbated following the deadline for registration issued by government, coupled with the demand by various government agencies requiring NIN as a mandatory requirement to register for examinations such as JAMB-UTME and to obtain the National Drivers’ Licence, among others. Apart from the menace of racketeeri...