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Nigerians Warned About New Potential Ponzi Scheme: Tofro.Com

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The Securities and Exchange Commission (SEC) has raised an alarm over an emerging fraudulent investment platform known as Tofro.Com (Tofro). In a statement issued on Thursday, May 1, 2025, the SEC cautioned Nigerians to remain vigilant when dealing with the platform, which promises high returns on investments.....KINDLY READ THE FULL STORY HERE▶

The SEC confirmed that Tofro is not registered with the commission and is not authorized to solicit investments or operate in any capacity within Nigeria’s capital market. Investigations into the platform’s operations have revealed several characteristics typical of Ponzi schemes, including the promise of exceptionally high returns, an over-reliance on a referral system to maintain payouts, and the failure to process withdrawal requests from investors.

The SEC further advised the public to avoid engaging with Tofro, emphasizing that anyone who invests in such schemes does so at their own risk. The Commission reminded Nigerians to verify the registration status of any investment platform via their official portal at www.sec.gov.ng/cmos before committing any funds.

Emomotimi Agama, the Director-General of the SEC, reiterated the importance of only investing in ventures that are properly registered and regulated by the Commission to avoid falling victim to fraudulent schemes.

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GRA ROADS: WHY OKPEBHOLO’S DRAINAGE APPROACH MATTERS

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....KINDLY READ THE FULL STORY HERE▶

Lasting roads begin with a clear plan for where rainwater will go. With major repairs planned for the dry season and a proposed drainage connection towards the Ogba River, Governor Monday Okpebholo’s administration has outlined an approach that tackles road rehabilitation and stormwater together.

In this episode of Truth Unveiled, we examine the planning behind that approach—and what its delivery could mean for homes, businesses and everyday movement across Benin’s GRA.

Watch the full podcast.

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“THE REBELLION IS ON: Man City Declares Total War On Premier League Chiefs Over Landmark Decision!”

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The Appeal: Manchester City has officially filed a comprehensive appeal challenging the findings of the Premier League Commission following its recent disciplinary decision.....KINDLY READ THE FULL STORY HERE▶

  • Filing Timeline and Claims: The club confirmed submitting the appeal at 7:00 PM on Thursday, October 1, 2026, describing the commission’s opinion as unsafe and containing clear material errors of law, principle, and fact while maintaining its complete innocence.

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  • The Verdict Details: The independent commission previously found City guilty of financial breaches between the 2009-10 and 2017-18 seasons—including arranging sham contracts to disguise over 830 million pounds in secret funding—as well as failing to fully cooperate with the investigation.

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  • Club and Leadership Response: City expressed surprise and disappointment at the verdict, insisting that comprehensive evidence supports their defense, though public comments remain limited due to ongoing proceedings. Chairman Khaldoon Al Mubarak and CEO Ferran Soriano expressed confidence in proving the club’s innocence.

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  • Pep Guardiola’s Support: Former manager Pep Guardiola reaffirmed his unwavering backing for the club, ownership, staff, and supporters in a social media statement, declaring that they will get through the challenge together.

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3. “Donald Duke is Better Than All Of Them”: Baba-Ahmed Explains Why PRP Is Shaking Up The 2027 Race!

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The National Chairman of the People’s Redemption Party (PRP), Dr. Hakeem Baba-Ahmed, has asserted that the party is exceptionally fortunate to feature former Cross River State Governor, Donald Duke, as its presidential candidate for the upcoming 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

A Strong Endorsement for Donald Duke

  • Surpassing Competitors: Speaking during an interview, Baba-Ahmed confidently stated that, candidate for candidate, Donald Duke outperforms all other presidential contenders currently in the political space.

  • Integrity and Capability: He described Duke as part of a visionary leadership blueprint aimed at thinking critically, restoring national dignity, exhibiting true integrity, and offering young Nigerians a leadership style they can genuinely look up to.

The Strategic Push for an Opposition Coalition

Despite possessing what he considers the superior candidate, Baba-Ahmed explained why the party is actively championing a broader political alliance:

  • Consensus Over Ego: The PRP chairman emphasized that the party’s push for a mega-coalition is driven by consensus and constitutional processes rather than forcing Duke’s candidacy through on profile strength alone.

  • Defeating Fault Lines: Framing the 2027 election as a critical turning point for the nation, Baba-Ahmed noted that the stakes go far beyond individual party ambitions. The coalition aims to unite likeminded opposition forces to rescue Nigeria from its current trajectory and bridge its deep fault lines.

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