Mompha Hid N32.9b Transactions From Government For 25 Months – EFCC At the resumed trial of Dubai-based Nigerian man Ismaila Mustapha a.k.a Mompha on Wednesday January 15, it was alleged that he hid N32.9billion transactions from the Special Control Unit Against Money Laundering (SCUML) for 25 months. EFCC accused the […]
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China Discovers Underwater Spy Drones In Its Waters The secretive world of naval underwater surveys rarely breaks the surface. Now recent events are briefly shining a light into the darkness. In the Adriatic a Croatian fishing vessel caught one of the U.S. Navy’s undersea sensor systems last week. That mysterious object has largely […]
Jeff Bezos To Invest $1 Billion In India As Negative Sentiment Grows Towards The E-Commerce Retailer Dressed in a traditional Nehru jacket, Amazon founder and chief executive Jeff Bezos said on Wednesday from New Delhi that his e-commerce behemoth will invest $1 billion to bring small and medium businesses in […]
Regulate Us, Just Don’t Break Us Up – Mark Zuckerberg Tells U.S. Government Facebook cofounder and CEO Mark Zuckerberg published his annual personal challenge Thursday — this time training his focus not just on the next 12 months, but on the next 10 years. His goals range from philanthropy to […]
Billionaire Roman Abramovich Pumps $324 million Into Chelsea Despite Losing Love For London Billionaire oligarch Roman Abramovich has plunged a massive $324 million (£247 million) into Chelsea FC despite reportedly having not attended a game for over two years. New accounts for the west London soccer giants released yesterday evening show that […]
Australian Billionaire Andrew Forrest Pledges $48 Million For Bushfire Recovery Australian mining billionaire Andrew Forrest and wife Nicola have pledged $48 million ($70 million Australian dollars) to boost recovery efforts amid intense wildfires that have devastated swathes of several Australian states. The Forrests’ donation, though their charity, will be directed […]
The Quiet Billionaires Behind America’s $16 million Predator Drone That Killed World’s #1 ‘Bad Guy’ Soleimani It may be the most historic drone strike in history—last Friday an MQ-9 Reaper fired at least two Hellfire missiles at vehicles carrying Iranian Major General Qassem Soleimani, Iraqi militia leader Abu Mahdi al-Muhandis and their […]
Is Prime Minister Modi Watching As India Hits Worst Economy In 42 Years? The only real debate about India’s economy is exactly when things were as bad as they are in 2020. From some vantage points, the 5% inflation-adjusted growth expected for the fiscal year ending in March is the […]
The Long-Awaited ‘Year of 5G’ Arrives With More Promises And Little 5G For years, telecommunications companies and gadget makers have invaded CES to talk about how big 5G was going to be in 2020. At the Consumer Electronics Show in 2020 though the promise was still unfulfilled as the faster […]
How #Megxit Will Make Meghan and Harry Rich Beyond Their Wildest Dreams It’s been said that behind every great man is a great woman. In Prince Harry’s case, it’s three wealthy and media-savvy women. The Sussexes announced Wednesday they “work to become financially independent” and split their time between the […]
Former Boeing CEO Loses Bonus, Severance, But Walks Away With Over $30 million Former Boeing Co. BA, -1.91% Chief Executive Dennis Muilenburg will not receive a bonus for 2019 or severance pay, although the executive, who resigned in December after more than 30 years at the company, has earned millions in retirement benefits […]
Nigeria’s Economy To Grow By 2.1% In 2020 – World Bank The World Bank has predicted that Nigeria’s economy will grow by 2.1 percent in 2020, adding that growth in the West African Economic and Monetary Union is expected to stabilise at 6.4 percent. The bank made the prediction in […]