NRC, Ponzi Scheme Collapses Resulting Loss of Billions of Naira

Nigeriacommunicationsweek | 08-07-2026 12:06pm |

National Reading Culture (NRC), an online investment platform targeting Nigerians has collapsed, resulting in the loss of billions of Naira for investors. The website unexpectedly shut down, blocking users from withdrawing their funds and locking in their investments. Just like all other investment scams, victims were lured with promises of doubling their money in few weeks. When National

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