By Adebayo Olugbenga Abegunrin One of the greatest ancient Greek philosophers, Plato, in his Allegory of the Cave, accurately depicts the mindset of the average Nigerian investing in Ponzi schemes. His philosophical narrative helps explain why such schemes continue to attract Nigerian investors despite repeated failures. In The Allegory of the Cave, Plato described prisoners…
The management of Osun State Broadcasting Corporation (OSBC) has distanced itself from any official involvement in the broadcast of content promoting the now-defunct CBEX Trading Exchange Global scheme, calling the incident unauthorized and misleading. In a statement issued by the Corporation’s Public Relations Officer, Gbenga Faminu, OSBC clarified that the contentious segment, aired on Orisun…
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