Witty Global blog

  The Securities and Exchange Commission (SEC) has recently raised an alarm regarding a suspected illegal investment platform known as  TOFRO.COM  (Tofro). In a public notice issued on Thursday, the SEC warned Nigerians to exercise caution and avoid falling victim to the platform's fraudulent schemes, which promise unusually high investment returns. SEC's Findings on  TOFRO.COM The SEC's investigation revealed that Tofro operates as an unregistered cryptocurrency trading platform, lacking the legal authorization to solicit investments from the public. The commission highlighted several red flags indicative of a Ponzi scheme, including: Promises of High Returns: Tofro claims to offer returns significantly higher than market standards, a tactic used by fraudulent schemes to attract investors. Referral System Reliance: The platform relies heavily on a referral system for payouts, which is not based on actual investment returns but on new investors joining the scheme. Wi...

  President of the Athletics Federation of Nigeria (AFN), Chief Tonobok Okowa, has officially declared his intention to seek re-election in the upcoming federation's poll, aiming to build on the successes achieved during his current tenure. In a recent press conference held in Agbor, Delta State, Okowa expressed confidence in the reforms and initiatives implemented under his leadership, which he believes have laid a solid foundation for the future of athletics in Nigeria. Commitment to Progress in Athletics Okowa emphasised the critical nature of the work being done within the AFN, stating, "What we are doing in the AFN right now is crucial to the success we are striving for in athletics and Nigerian sports in general." His administration has focused on various programs aimed at enhancing the performance and opportunities for Nigerian athletes. One of the standout initiatives is the "Get Our Athletes In School" program, which has successfully provided scholarshi...

  A former President of the Ijaw Youth Council (IYC) and ex-governorship candidate for the Labour Party in Bayelsa State, Udengs Eradiri, has issued a strong condemnation of the recent surge in cult-related killings in the state, describing the situation as "unacceptable." His comments come amid growing concerns over the safety of residents in Bayelsa, particularly in the capital city of Yenagoa, where violence has escalated dramatically. T he Rise of Cult Violence In the past month alone, over 16 individuals have lost their lives due to cult-related violence, a trend that has instilled fear among the local population. Businesses are closing their doors as residents worry about potential attacks, creating an atmosphere of anxiety and uncertainty. Eradiri highlighted that these killings are not just random acts of violence but are targeted attacks on promising youths and community leaders, which he believes undermines the future of the state. Government and Security Agency Res...

  The recent media appearances of Stephen Miller, a prominent figure in Donald Trump's administration, have sparked significant discussion and debate. Here's a detailed look at the latest developments surrounding Miller and his role in the current political landscape. Stephen Miller's Media Debut Fiery Press Briefing: On May 1, 2025, Stephen Miller, now serving as Deputy Chief of Staff for Policy, held a press briefing that quickly became contentious. During this session, he claimed that President Trump "has literally saved America," despite facing tough questions from reporters regarding the administration's economic policies and recent criticisms from former Vice President Kamala Harris. Miller's responses often deflected criticism and focused on promoting Trump's achievements, particularly in trade and economic growth, asserting that the president's policies were beneficial for American workers and businesses4. Defensive Stance on Tariffs: Mille...

  The Federal Bureau of Investigation (FBI) and the Drug Enforcement Administration (DEA) have recently requested a 90-day extension from a United States District Court to produce documents related to an alleged drug investigation involving Nigerian President Bola Tinubu, dating back to the 1990s. This request was filed in a joint status report with the U.S. District Court for the District of Columbia on May 1, 2025 Background of the Case T he case originates from a series of Freedom of Information Act (FOIA) requests made by Aaron Greenspan, an American legal transparency advocate and founder of the Plain Site platform. Greenspan is seeking the release of records tied to a Chicago-based drug ring and has named Tinubu alongside three other individuals: Lee Andrew Edwards, Mueez Abegboyega Akande, and Abiodun Agbele. The allegations suggest a connection between these individuals and drug trafficking activities in the early 1990s. Court Orders and Agency Responses On April 8, 2025, J...

  As Nigerian workers commemorated International Workers' Day on May 1, 2025, significant divisions emerged between organized labour and government authorities regarding the state of workers' welfare amid ongoing economic challenges. The celebrations were marked by parades, solidarity marches, and speeches that highlighted the struggles faced by workers in the current socio-economic climate. PDP Governors Acknowledge Workers' Contributions The Peoples Democratic Party (PDP) governors, led by Bauchi State Governor Bala Mohammed, issued a statement recognizing the "heroic" contributions of Nigerian workers despite the harsh socio-economic environment. They emphasized the immense struggles workers face daily as they navigate an increasingly challenging landscape marked by high inflation and reduced purchasing power. The PDP governors hailed workers as the backbone of the nation's development, affirming their commitment to prioritizing workers' welfare, includ...

  AI Builds Smart Cities Worldwide: Why Is Nigeria Still In Darkness? In the era of rapid technological advancement, cities worldwide are increasingly embracing artificial intelligence (AI) to enhance urban living. From innovative traffic management systems in Singapore to AI-driven healthcare solutions in Barcelona, these innovations are reshaping urban environments and improving the quality of life for millions. However, Nigeria, despite being Africa's largest economy and most populous nation, struggles with a fundamental issue: persistent power outages that hinder its progress toward becoming a digital powerhouse. T he Global AI Revolution Cities like San Francisco, Dubai, and Nairobi are at the forefront of the AI revolution, leveraging technology to optimize public services, enhance infrastructure, and drive economic growth. A recent report by Deloitte and ThoughtLab highlights that cities worldwide are racing to integrate AI into their operations, transforming everything from...