Nigerian businessman, firms charged with multimillion-dollar fraud

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The United States Securities and Exchange Commission has said  Tingo Group Inc. lied about having $461.7m in its subsidiary Tingo Mobile’s Nigerian bank accounts when it only had $50 in said accounts. SEC announced this on Monday when it announced charges against the Mmobuosi Banye also known as Dozy Mmobuosi and three affiliated US-based entities of which he is the Chief Executive Officer — Tingo Group Inc., Agri-Fintech Holdings Inc., and Tingo International Holdings Inc. According to the commission, Mmobuosi is being charged in connection with an alleged multi-year scheme…

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African, Asian immigrants poisoning US blood -Donald Trump

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Donald Trump, former United States President, has come under backlash following his comments on Saturday at a rally in New Hampshire that immigrants are “poisoning the blood of our country.” Specifically, Trump said immigrants from Africa, Asia, and others from all over the world were flooding the US and feared crimes and terrorism would be on the rise. Trump told the crowd on Saturday that immigrants “from all over the world” are “pouring into the country,” reiterating a phrase CNN reported he used previously that sparked an outcry from the…

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Portable, Pasuma storm Celestial Church, thrill guests

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Habeeb Okikiola, popularly known as Portable, caused quite a stir as he performed at the Celestial Church of Christ, Goshen Land Cathedral, in Ogudu, Lagos State, on Friday, December 16, 2023. Weeks earlier, criticisms had trailed the church after the flyer of their praise night with Portable, and a fuji singer, Wasiu Odetola, aka Pasuma, billed to perform surfaced on the Internet. Though the church leaders later stated that the artiste would no longer perform, Portable insisted that he would perform, especially as he had been paid a part of…

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Number of homeless people in US skyrockets in 2023 -report

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According to a US government report released on Friday, the number of homeless people in the United States has risen to record levels this year. More than 653,100 people were homeless across the country in January, according to a head count conducted for the US Department of Housing and Urban Development. That was 70,650 more homeless people — or 12 percent — than a year earlier and the highest number since figures began being collected in 2007. African Americans make up 13 percent of the total US population but account…

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NYSC says no ransom paid to rescue kidnapped corps members

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The National Youth Service Corps (NYSC) says no ransom was paid to secure the release of some of the Sokoto-bound Prospective Corps Members (PCM) kidnapped in Zamfara who regained freedom recently. The Director, Press and Public Relations, Mr Eddy Megwa, said this in a statement on Thursday in Abuja. Eight PCMs and a bus driver were abducted in August in Zamfara by gunmen on their way from Uyo, Akwa Ibom, to Sokoto. They were going for the commencement of the one-year national service orientation course. Megwa stated that the attention…

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Ex-Anambra governor, Ezeife dies at 85

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Dr Chukwuemeka Ezeife, former governor of Anambra State, is dead. He was 85 years old. Chief Nwakaire Ezeife, who announced the passage of the elder statesman on behalf the family, said he died at the Federal Medical Centre, Abuja, on Thursday, On behalf of the Ezeife Dynasty of Igbo-Ukwu, I wish to announce the promotion to glory of our most distinguished son, Okwadike, Dr Chukwuemeka Ezeife,CON. “He was a former Federal permanent secretary, the first executive governor of Anambra, and staunch politician. “More details about the deceased and the arrangements…

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Brazilian gospel singer collapses, dies during performance

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Pedro Henrique, a 30-year-old Brazilian gospel singer, has died after he collapsed on stage during a performance on Wednesday night. Henrique, was performing his song ‘Vai Ser Tão Lindo’ at a religious event that was being streamed online when he suddenly fell in front of his band inside a concert venue in the northeastern city of Feira de Santana on Thursday. Henrique’s record label, Todah Music, told a radio station, Radio 93, that the singer had suffered a massive heart attack. Video footage of the incident showed Henrique engaging the…

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Shoprite to stop operating Kano branch January 2024

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Shoprite Mall has announced that it is stopping operation in its Kano State branch from January 14, 2024. The popular mall attributed its decision to financial difficulties and high production costs combating business establishment in the country in a circular made available on Thursday. This development is coming on the heels of the current announcement by Jumia Food to cease operation in Nigeria by the end of this month, citing growing economic challenges. In the circular, the supermarket noted that the decision is regrettable, however necessary, hinting that all the…

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NLC to FG: Reject W’Bank N750/litre proposal

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Nigeria Labour Congress, on Thursday, warned the Federal Government against heeding the advice of the World Bank to increase the pump price of Premium Motor Spirit popularly called petrol to N750/litre. The NLC’s Head of Information, Benson Upah, in an interview, said any further increase in the price of petrol would lead to anarchy in the country. He, therefore called on the government to reject the proposal of the World Bank that petrol should sell at about N750/litre, as against the current rate of between N620 and N650/litre in most…

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Nigerians under poverty line rise to 104m — World Bank

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About 104 million Nigerians now live below the poverty line. This was contained in a World Bank report which indicated that Nigeria’s poverty level has risen at the backdrop of the recent economic and fiscal reforms. The key reforms include the removal of petrol subsidy and the foreign exchange market rate restructuring. The bank, however, commended the Federal Government for what it considered ‘bold reforms’ necessary to rescue Nigeria from fiscal cliff, describing the current pains as temporary. But it also said the policies have created intense pressures on cost…

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