The founder of financial technology company, Tingo Group, Mmobuosi Odogwu Banye, also known as Dozy Mmobuosi has been charged with securities fraud in New York, accused of orchestrating a massive scheme to inflate the company’s finances. Federal prosecutors he artificially boosted financial statements to make Tingo and its subsidiaries appear cash-rich. According to the Securities and Exchange Commission’s claims, Tingo reported a cash balance of $461.7 million in March when legitimate bank records showed less than $50. He allegedly directed an employee to give false bank statements to Nasdaq to list Tingo Mobile shares on the exchange in 2020 and then generated millions of dollars in profit by…
Author: Lilian Azuh
Following the suspension of accreditation and evaluation of degree certificates from Benin Republic and Togo, the Federal Government has said sanction would be extended to more countries like Uganda, Kenya and Niger Republic. “We are not going to stop at just Benin and Togo,” the Minister of Education, Tahir Mamman, said on Channels Television’s Politics Today programme on Wednesday. “We are going to extend the dragnet to countries like Uganda, Kenya, even Niger here where such institutions have been set up,” he said. An undercover journalist with Daily Nigeria newspaper had detailed how he acquired a degree from a university…
The Lagos State Police Command has said it is looking into the case of a suspected kidnap of a yet-to-be-identified female adult on Monday, January 1, on the Victoria Island area of the state. The state Police Public Relations Officer, Benjamin Hundeyin, made this known while speaking to PUNCH Metro on Tuesday. An X (formerly Twitter) user, Bishop Khale, had raised the alarm in a video he posted on the platform on the same day where he alleged that the woman was struggling to get out of a black Pathfinder on Ahmadu Bello Way. Reacting, Hundeyin said, “There is no indication that…
The Senate has ordered a probe into the N10 billion restructuring funds released to NIPOST by the Federal Ministry of Finance. This followed the discovery of irregularities in the agency’s subsidiaries – NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. In its resolution of December 30, 2023, Red Chamber said it uncovered alleged illegal transfer of federal government shares in two NIPOST subsidiaries to private individuals. The discovered infractions sparked outrage, prompting the lawmakers to call for immediate action. The Nation investigation shows that some individuals in key positions within the Bureau of Public Enterprises (BPE) and NIPOST were…
Vol 2, No 4 Pregnant Moms styles come in different styles and designs to suit wearer’s taste. Pregnancy is a special time in a woman’s life. Most women take the pregnancy phase as the time to wear loose-fitting clothes while waiting for their newborns. The latest maternity gown styles below will inspire your looks during this period.
Olumese Night crawlers and fun loving Nigerians, who have been missing the ambience of NiteShift Coliseum since it was gutted by fire on December 18, 2003, will soon return to their darling club with smiles permanently etched on their faces. After one and half years of inaction, the upscale club which prides itself as the number one events and entertainment venue in Africa, is now fully set to return to business and take over its front-row position. In this chat, Ken Calebs Olumese, the confident and stylish Guv’vor of the club disclosed that the leading club is 98% ready for…
Elevate your style with Timeless Pink Outfits, to your new season wardrobe. Style and comfort is the perfect choice when you dress in a Pink Outfit! You’re sure to make heads turning in a Pink dress. Pink dress is the perfect addition to every wardrobe.
Ayo Makun Famous entertainment entrepreneur and creator of the nationally-acclaimed comedy and music show, AY Live, Ayo Richard Makun, was a year older recently. In this special interview, the Ondo State-born leading entertainer spoke passionately about the industry that has given him so much. The Delta State University graduate of Theatre Arts also revealed what he told God in the morning of his birthday, what he wants from the President Muhammadu Buhari-led federal government, and why he detests politics, among other germane issues. The AY brand has come of age and is now a household name. What is the secret?…
Despite the fact that top actress Princess Tina Amuziam started her acting career with NTA in the late 80s, stardom did not beckon on her until she joined Nollywood in ’96 on the set of Last Hope. She eventually became a household name and the darling of movie buffs when she titillated in monster hit movie Glamour Girls, from the stable of NEK Videos Since then, the Delta State-born star from a royal house has continued to dictate the pace in Nollywood, when it comes to flawless acting. To further raise her stakes in the industry that has brought her fame and…
Tony One Week The undisputed king of Gyration music in Nigeria, Tony “One Week” Muonagor, has no doubt, paid his dues in the nation’s entertainment landscape. One Week, who now lives and operates from Abuja, the nation’s capital, in this interview, spoke on his secret relocation, plans for his forthcoming tenth anniversary as a complete entertainer, new projects and why he is angry with Gov. Peter Obi of Anambra, his state of origin. Enjoy the interaction! Why did you abandon Lagos for Abuja? Nothing really happened; I fell in love with Abuja and decided to relocate with my family. Lagos…