Editorial Staff

The Infomediang Team comprises a group of researchers, data analysts, and financial experts who closely follow government policies and spending. Our passion lies in empowering people to make informed decisions about their investments by simplifying data for easy understanding. Find us @infomedia_ng on X.

Nigerian University Plans To Rusticate Students For Hugging Opposite Sex, Wearing Bomb Shorts, Others in a New Proposed Dress Code Policy

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Obafemi Awolowo University OAU Ile-Ife Osun State

Students of Obafemi Awolowo University (OAU) who hug the opposite sex or females who wear bomb shorts will be rusticated for an academic session and a semester respectively, the institution said in a new proposed dress code that has sparked controversy on social media. Heavy make-ups, sagging for male or female, and wearing of crazy jeans are … Read more

Founder of Oyins International Resort, Abiola Quadri, Sentenced to 11 Years for $1.3M COVID-19 Relief Fraud in the U.S.

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Abiola Femi Quadri Founder of Golden Hive Hotel, a subsidiary of Oyins International Resort Ijebu Ode

The founder of Oyins International Resort, Abiola Femi Quadri, has been sentenced to 11 years’ imprisonment for a $1.3 million fraud scheme involving stolen identities used to claim COVID-19 pandemic unemployment and disability insurance benefits. Quadri’s fraud scheme—$1.3 million—is worth N1.9 billion in Nigerian currency using the 1,527 USD/NGN exchange rate. The sentencing of Quadri is … Read more

CAC Postpones Implementation of New Fees by 30 Days

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cac_penalties_imposed_on_erring_companies_or_businesses_in_nigeria_infomediaNG_Business_Solutions

The Corporate Affairs Commission (CAC) has postponed the implementation of new fees and penalties for document downloads to September 1, 2025. Originally, the new fees were scheduled to take effect from August 1, 2025. The agency made the announcement on Monday, July 21, 2025, following technical glitches users are experiencing on its newly redesigned AI-powered Intelligent Company … Read more

2025 CDCFIB Recruitment Application Portal Reopens: How To Resolve Submission Issues

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CDCFIB recruitment

The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) reopened its 2025 recruitment application portal on Monday, July 21, 2025, after days of technical glitches. However, a test of the CDCFIB portal by our team showed that there is still a slight technical issue on the point of submitting your application, but this post guides … Read more

CAC’s New AI-Powered Registration Portal Faces Backlash from Users

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CAC Intelligent Company Registration Portal

Lawyers, accredited agents, and hundreds of Nigerians have voiced their grievances over the faulty redesign of the Corporate Affairs Commission (CAC) portal, dubbed the ‘Intelligent Company Registration Portal (ICRP).’ They unanimously noted that there was no prior notice about the redesign until users were unable to access the old portal. They also pointed out several … Read more

Bitcoin Price in June 2025: Opened at $104,637.30, Closed at $107,135.33

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How To Buy Bitcoin with Switchere

Bitcoin began June 2025 at $104,637.30 and reached its monthly high of $110,561.42 on June 9. It later pulled back and closed at $107,135.33 on June 30. Below is the price of Bitcoin from June 1 to June 30, 2025: Day/date Open High Close June 30 $108,383.44 $108,798.79 $107,135.33 June 29 $107,327.82 $108,526.31 $108,385.57 June … Read more

YellowCard Partners with Visa for Stablecoin Adoption in 20 African Countries

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YellowCard Partners Visa for Stablecoin Adoption

Barely a year after YellowCard partners Coinbase to enable its customers to access USDC (the second-largest stablecoin by market cap), YellowCard has announced another partnership, this time with Visa, a global digital payment firm. This partnership will allow users of the YellowCard app in 20 African countries to access stablecoins, helping to ease cross-border payments—a major … Read more

US Senate Passes Bill to Make Stablecoins Attractive, Popular

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us-senate

If signed into law, the bill will empower U.S. banking regulators to oversee stablecoin issuers, which could potentially extend the U.S. dollar’s influence in the cryptocurrency market. The U.S. Senate has passed the GENIUS Act, aimed at regulating and making stablecoins more appealing. The bill was approved by a vote of 68 to 30 lawmakers. … Read more

Cloud Mining: How To Use WinnerMining To Earn Income in 2025

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WinnerMining crypto mining

In 2025, cryptocurrencies are everywhere. 80% of people around the world should know about the existence of cryptocurrencies. Now is a great time to use cryptocurrencies for cloud mining. The current cryptocurrency market fluctuates greatly and the difficulty of investment is also increasing, but many people have used cryptocurrencies to make money and have successfully … Read more

List of registered crypto trading platforms in Nigeria

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Registered crypto trading firms in Nigeria

Nigeria’s Securities and Exchange Commission (SEC) has urged Nigerian investors to always check the authenticity of a crypto trading platform on its dedicated website, following the rise in unlicensed platforms luring Nigerians into their operations. A check by Infomediang on the SEC website shows that there are only two registered cryptocurrency trading platforms licensed to … Read more

Punisher Coin Is a ‘Pump and Dump Project’, SEC Warns Nigerians Over New Meme Coin

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scam detection

Nigeria’s Securities and Exchange Commission (SEC) has warned that Nigerians who invest in Punisher Coin, also known as SPUN ($PUN), are at risk of losing their hard-earned money. The investment regulatory agency disclosed that its investigation showed that Punisher Coin is a meme coin, which is characterised by pump and dump schemes. The SEC also … Read more

Crypto-Friendly New South Korea President Lee Vows to Strengthen Digital Asset

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South Korea’s new president, Lee Jae-myung, says his presidency will take the necessary steps to reform cryptocurrency laws in the country—an announcement seen by crypto stakeholders as a major shift in the digital assets industry. Lee, known for his support of free trade, contested and won the election following the impeachment of conservative leader Yoon … Read more

NAFDAC Alerts: Amezcua Bio Disc 3, Amezcua Chi Pendant 4 Are Not Registered Products in Nigeria, Pose Health Risk

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nafdac_headquarters

The National Agency for Food and Drug Administration and Control (NAFDAC) is investigating four retailing companies over the unapproved circulation of two health and wellness products—Amezcua Bio Disc 3 and Amezcua Chi Pendant 4—in the Nigerian markets. The health agency says Nigeria’s anti-graft agency, EFCC, has also raised similar concerns over the retailing companies: Quest … Read more