News
HURIWA Asks Buhari to Sack Adeosun, Others over Forgery

The Human Rights Writers’ Association of Nigeria, HURIWA, has told President Muhammadu Buhari to sack Kemi Adeosun, minister of Finance, and other members of his cabinet accused of certificate forgery.
The association demanded that President Buhari relieves from their offices such persons like Mr. Obono Obla, his senior Special Assistant on prosecution over the West African Examination Certificate.
HURIWA said the silence of President Buhari to damaging allegations amongst some of his top officials was an indication that Nigeria was becoming a country of fraudsters.
HURIWA also stated that such tendencies to accommodate persons with questionable academic credentials will rubbish the national policy on education, constitutionally enshrined in Section 18 (1), which emphasizes merit and honesty at all times.
HURIWA recalled that the West African Examinations Council, WAEC, on June 5th 2018, described as “altered and invalid” the results and certificate it allegedly issued to Mr. Okoi Obono-Obla, chairman, Special Presidential Investigative Panel for the Recovery of Property.
In a statement forwarded to DAILY POST by Emmanuel Onwubiko, national coordinator, HURIWA recalled that WAEC whilst testifying before the House of Representatives ad hoc Panel investigating Obono-Obla’s alleged forgery, WAEC Registrar, represented by the Femi Ola, deputy registrar, said available evidence indicated that the results were “altered” and thus “invalid.”
“Considering the results, particularly on what is before me, I would say what I have brought here is the authentic and genuine one; his is not because it has been altered and such alteration renders it invalid,” Mr. Ola told the panel.
“From our record, the genuine candidate is Ofem Okoi Ofem, 09403/247 of Mary Knoll College, Ogoja.
“The exam number and number of subjects are the same. The difference is the grade in English literature in which he claimed to have scored C6 despite being marked absent in the true, certified copy,” he added.
HURIWA recalled that when asked by the National legislators how he would qualify Obono-Obla’s results, the WAEC Registrar said it was “fake, not genuine.”
HURIWA recalled that Mr. Aliyu Pategi (APC, Kwara), chairman of the Reps Investigative Panel, lauded WAEC for striving to maintain its “integrity and probity.”
Quoting news reports, HURIWA stated that the House committee Chairman added that the implication was that Obono-Obla gained admission to the University of Jos with a fake WAEC result.

Also, HURIWA asked president Buhari to sack with immediate effect the Finance Minister Mrs. Kemi Adeosun for making use of allegedly forged NYSC discharged certificate which amounted to a serious misdemeanor that should fetch her a criminal prosecution and jail if proven in the competent court of law.
“The current administration must desist from polluting the international image of Nigeria by toleration many persons of questionable academic credentials who are working in the federal government of Nigeria when there are millions of highly qualified Nigerians from diverse fields searching frantically for employments.
“The silence of the current government to the cacophony of allegations of certificate forgery involving top rated government officials shows that the corporate image of the country is imperiled and if this silence and failure to act persists, then the rest of the world will see Nigeria as a country of certificate forgers.
“Corruption also includes such crime like forgery of academic credentials which runs contrary to section 15 (5) of the constitution which makes it obligatory that government must abolish all corrupt practices and abuse of power.”
HURIWA disclosed that it has briefed some patriotic lawyers to head to court to secure the legal sanction of all the identified persons in government with fake certificates just as it has started drafting a bill to compel the forensic investigations of all the academic qualifications tendered by all federal government officials to weed off the holders of forged certificates and sanitize the federal government.
HURIWA reminded Buhari that the Black’s law dictionary clearly identified certificate forgery as a grave criminal offence and as a specie of fraud even as the Rights group wondered why a government that makes heavy weather of its anti-corruption campaign is the same that accommodates top officials with highly questionable academic credentials.
HURIWA told Buhari that “both the Criminal and Penal Codes that apply in the southern and northern parts of Nigeria prohibit forgery, citing Sections 463 of the Criminal Code which provides for three years imprisonment for forgery while sections 362 to 364 of the Penal Code deal with forgery with punishment of up to 14 years imprisonment with option of fine or both.”
“It becomes life imprisonment if, amongst others, the thing forged purports to be a document which is evidence of title to public debt of Nigeria or a state, or of another country, or forges a document that purports to be a debt of Nigeria, or signature of the president or governor of a state.
“Also, both forgery and perjury are criminal offences, the Criminal Code views perjury as an offence whether made under judicial oath, that is a court proceeding or document or not, while under the Penal Code, perjury must be an evidence given under oath or under express provision of law compelling a person to state the truth.
“Forgery and perjury are both criminal offences that go to one’s integrity and credibility.
“It vitiates the moral and legal trust that public service demands. It calls to question a person’s qualification and competency. And we must etch new paradigms in public services by proceeding in the Courts of Law against forgers and those who lie under oath.”
News
Xora Finance, Fintech Firm Refuses to Hire Nigerians over Alleged Dishonesty

Xora Finance has announced it will no longer consider job applicants from Nigeria.

Xora Finance is a digital bank founded by Joren Lundgren, in February 2026 and allows users to deposit and earn interest on their XRP cryptocurrency.
Lundgren, founder, in an announcement on X (formerly Twitter), cited an ongoing pattern of misconduct, such as dishonesty and theft, from previous Nigerian hires as the reason for the decision.
This sudden blanket ban came just days after the company’s official career page was aggressively recruiting remote workers for marketing and content roles.
The announcement generated heavy backlash online, with many people upset that a blanket rule punishes honest job seekers.
News
How Ponzi Scheme Victims can Seek Legal Remedies — Lawyers

Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges.

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new participants rather than from actual profits.
Operators lure victims by promising high returns with little to no risk.
The scheme inevitably collapses when the flow of new investors slows down.
Some lawyers who spoke to News Agency of Nigeria (NAN) separate interviews with on Sunday, said that victims could pursue civil actions to recover their money.
Mr Chibuikem Opara, a lawyer at Justification Chambers, Ikeja,said many Nigerians continued to fall victim to Ponzi schemes in spite of repeated warnings.
Opara said it was wrong to attribute participation in Ponzi schemes to a lack of investment opportunities, noting that promoters often exploit investors’ greed through promises of unrealistic returns.
“What you cannot take away is the fact that many Nigerians have fallen and continue to fall victim to these schemes every time,” he said.
According to him, victims may individually or collectively institute civil actions against the beneficiary company for breach of contract or refund arising from failure of consideration.
Opara said victims could also unite to seek an order from the Federal High Court to wind up the beneficiary company.
He, however, noted that such efforts might yield little benefit if perpetrators had already siphoned the funds and left behind an empty shell.
The lawyer said available remedies largely depended on the actions of relevant authorities, adding that recipient accounts could be frozen to facilitate fund recovery and support winding-up proceedings.
Opara said regulators and law enforcement agencies often became aware of Ponzi schemes only after substantial losses had occurred.
According to him, victims frequently failed to report suspicious schemes early enough to enable timely intervention.
He added that funds are sometimes moved outside the country before authorities become aware of the fraud.
Opara also cited inadequate information and the deceptive nature of the schemes as major obstacles to investigation and prosecution.
“Most times, everything about the schemes is made to appear elusive, just like the profits promised to victims,” he said.
Also speaking, Mr Vincent Aminu of A.F. Aminu and Co. advised that victims of investment scams should report such cases to appropriate law enforcement agencies on time.
Aminu said victims could petition the Economic and Financial Crimes Commission (EFCC) or file reports with the police.
He said that after investigation, prosecutors could bring charges against suspects under relevant fraud-related laws, including provisions of the Criminal Code and the Advance Fee Fraud and Other Fraud Related Offences Act.
Beyond criminal prosecution, Aminu said .victims could pursue civil actions to recover their money
According to him, such actions may be based on breach of contract, unjust enrichment, or fraudulent misrepresentation, depending on the circumstances.
He added that victims could petition the Securities and Exchange Commission (SEC), which could investigate illegal operators, shut down unauthorised platforms, and freeze assets.
He identified the anonymity of online fraudsters as one of the biggest challenges confronting investigators.
According to him, many operators concealed their identities through fake digital profiles and technologies that made tracking them difficult.
Aminu also noted that victims who delayed taking legal action risked losing opportunities for redress.
He added that prolonged court proceedings often delayed justice for victims.
“Many fraud-related cases take years before the court reaches a verdict, thereby delaying justice for victims,” he said.
Also, Mr Chris Ayiyi of Ayiyi Chambers, Apapa, described Ponzi schemes as a gamble that benefited early participants at the expense of later investors.
Ayiyi said some early entrants received returns on their investments, thereby encouraging others to join the schemes.
He said the schemes eventually collapsed, leaving late investors to bear the losses
The lawyer called for a complete ban on Ponzi schemes or sustained public enlightenment campaigns against them.
He urged the National Assembly to enact laws that would strengthen regulation and provide greater protection for investors.
According to him, stronger legal safeguards are necessary in a country operating a capital-based economy.
News
PalmPay Nigeria Appoints Samuel Oluyemi as Chief Operating Officer

PalmPay Group (“PalmPay”), a multinational fintech company providing digital financial services across high-growth emerging markets, is pleased to appoint Samuel Oluyemi as Chief Operating Officer (“COO”) of its Nigeria practice, effective immediately.

The appointment comes at a pivotal moment for PalmPay as it looks to reach more underserved communities and continuously strengthen the reliability and security of its services. It also comes as Nigeria’s broader financial services sector continues to modernize, bring millions more Nigerians into the formal financial system, and strengthen the cybersecurity and fraud-prevention standards that underpin public confidence in digital payments.
As COO of PalmPay Nigeria, Mr. Oluyemi will oversee PalmPay’s Nigerian operations — where the company provides a full suite of digital financial services to individuals and businesses — and communicate with regulators to ensure the company’s growth happens harmoniously with the country’s financial, digital, and social inclusion goals.
Mr. Oluyemi brings more than two decades of experience at the Nigeria Inter-Bank Settlement System (“NIBSS”). During his tenure as the Business Development Lead, he championed the development of key national payment services — including the Digital Validation of Nigerian International Passport (e-Passport Validation), Electronic Dividend Mandate Management System (“e-DMMS”), and the Electronic Pensions Contribution Collection System (“EPCCOS”) — and played a pivotal role in introducing and driving early adoption of NIBSS Instant Payment (“NIP”), Nigeria’s first online, real-time, inter-bank transfer system in 2011 and its subsequent extension to the Other Financial Institutions (“OFI”) segment of the Nigeria Payments System.
He holds an MSc in Monetary Economics from the University of Ibadan with extensive local and international professional training.
“Samuel joins PalmPay at an important stage in our journey to strengthen the foundations that will support our long-term goal of driving financial inclusion,” said Chika Nwosu, Managing Director of PalmPay Nigeria. “His extensive experience makes him well positioned to help us scale sustainably while maintaining the operational discipline, governance and customer-first culture that define PalmPay.”
“PalmPay has established itself as one of the most impactful fintech companies in emerging markets by making financial services more accessible and affordable for millions of people,” said Mr. Oluyemi.
“I am excited to join the company and look forward to working alongside an exceptional team to strengthen operational excellence and support PalmPay’s vision of building a leading digital financial services platform. Together, we will continue delivering secure, reliable, and customer-focused financial solutions while contributing to the continued evolution of Nigeria’s digital financial ecosystem.”
As Nigeria’s digital financial services sector continues to mature, this appointment reflects a broader commitment guiding PalmPay across all markets it serves: building financial services that are secure, reliable, and effective enough to earn a permanent place in people’s everyday lives.
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