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The Nigerian Police National Cybercrime Centre has arrested 16 suspects in connection with a financial fraud involving Interswitch Limited, a major African digital trading platform, and has recovered cash and property worth N3.9 billion from the suspects, with efforts ongoing to recover additional funds. In a joint press conference on Monday in Abuja, Department of State Services (DSS) spokesperson Peter …

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Nigerian equity market started the week on a bearish note as investors lost N92 billion by the end of the trading session. This follows a decline in share prices such as CHAMS, UPL and OMATEK among others on the trading floor. After five hours of trading in the capital market, equity capitalization declined to N55.405 trillion from N55.497 trillion recorded …

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