CBEX collapse: EFCC declares 8 persons wanted - ITREALMS

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Some eight persons including four foreigners and four Nigerians have been declared wanted over alleged N1.3 trillion scam using the Crypto Bridge Exchange (CBEX), a digital trading platform, reports ITREALMS.

The Economic and Financial Crimes Commission (EFCC) made this declaration Friday in a publication on its X handle.

Starlink Gen 3: Faster, Better Internet Connectivity - ITREALMS

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Starlink, the world's leading provider of satellite launch services and a major internet service provider in Nigeria, has raised the bar with its latest Gen 3 kit. This cutting-edge hardware delivers unprecedented performance and convenience, following a significant upgrade in design to meet the demands of Nigerian homes and businesses. 

The new Starlink Gen 3 kit is available on e-commerce stores like Konga.com. It is equipped with a Wi-Fi 6 chipset. The device has also seen a significant boost in its data speed, enhanced to handle heavy data requirements. This upgrade is particularly beneficial for smart homes where multiple devices compete for bandwidth simultaneously.

PCRC urges youths to join Committee to prevent crimes - ITREALMSA

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The Police Community Relations Committee (PCRC), has urged youths to join the committee to ensure prevention of incessant
armed robbery, kidnapping, terrorism and other criminal activities in the community.

The National Vice Chairman South West Geopolitical Zone of Police Community Relations Committee (PCRC), Elder Prince Sunny Yemi Adenowo, said the youths are the greater of tomorrow and once they are not carried along and catch them young in community policing it will jeopardize the image of the community in future.

IXPN marks historic 1 Terabit of domestic traffic milestone - ITREALMS

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Nigeria’s leading Internet Exchange Point (IXPN) has crossed the 1 Terabit per second (1Tbps) in aggregate peak domestic internet traffic for the first time, reports ITREALMS.

Making this disclosure, the Chief Executive Officer, IXPN, Mr Muhammed Rudman, said the milestone signified a major leap forward in developing Nigeria’s internet infrastructure.

Its official! Pope Francis passes away on Easter Monday @88, conclave to begin May 6 - ITREALMS

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Remmy Nweke/ DoP

Its now official that Pope Francis passed away on Easter Monday, April 21, 2025, at the age of 88, in his residence at the Domus Sanctae Marthae in Vatican City, reports ITREALMS.

His death was announced by Cardinal Kevin Farrell, the Camerlengo of the Holy Roman Church, in a broadcast by Vatican Media, earlier on Monday.

GOCOP congratulates member, Femi Soneye over NIPR spokesperson of the year 2025 award - ITREALMS

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The Guild of Corporate Online Publishers (GOCOP) has extended its warmest congratulations to Mr. Femi Soneye, Chief Corporate Communications Officer at the Nigerian National Petroleum Company Limited (NNPC Ltd), on his prestigious win as the Spokesperson in the Oil and Gas Sector Award for 2025.

The award was given to him on Thursday, April 17 by the Nigerian Institute of Public Relations (NIPR).

Charles Ponzi and testimony of the serpent by Fr Kevin Ugwu - ITREALMS

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Robbing Peter to pay Paul:
Any day you hear of "Ponzi scheme", just remember it was named after the Italian-born con artist Charles Ponzi. This was as far back as the 1920s.

Also, anytime you hear of robbing Peter to pay Paul, remember it is the working style of any Ponzi scheme.

EVC Maida highlights importance of tabling unclaimed airtimes - ITREALMS

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The Executive Vice Chairman/CEO of the Nigerian Communications Commission, Dr. Aminu Maida, has highlighted the importance of discussing matters that affect both consumers and operators, especially on unclaimed airtimes, reports ITREALMS.

The forum aimed to address emerging challenges in the telecommunications industry, particularly regarding prepaid balances on inactive accounts.

Tale of 58 Ponzi schemes and 30 signs of scam to watch – Stay Alert! - ITREALMS

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Remmy Nweke

Preamble:

As the weekend and holiday approach, it's essential to be aware of the dangers lurking in the financial world in the last few days. Though, the Economic and Financial Crimes Commission (EFCC) had issued a warning about 58 Ponzi schemes operating in Nigeria, it's crucial to understand the risks involved, even as many schemes seem to debut daily.

Noteworthy is that in the last seven days, about two known ponzi schemes namely Cyrpto Bank Exchange (CBEC) and ADK Services have collapsed with trillions of hard earned Naira developing wings.