PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP I congratulate my friend, President Luiz Inácio Lula da Silva of Brazil, on his re-election for a record fourth term. Your renewed mandate offers an opportunity to strengthen the longstanding friendship and historical ties between Nigeria and Brazil. As two leading nations of the Global South, we can promote economic integration and advance our shared interests in a rapidly changing global order. I look forward to expanding cooperation in trade and investment, agriculture and food security, energy, oil and gas, manufacturing, science and technology, education, aviation, and cultural exchange. I affirm Nigeria's continued commitment to working with Brazil to strengthen multilateral cooperation and advance shared priorities in Africa, South America, and across the Global South. On behalf of the people of Nigeria, I wish you a successful new...
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EFCC ARRESTS ALLEGED PONZI SCHEME OPERATORS IN ENUGU.{PHOTO}.#PRESS RELEASE.

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      Following intelligence received from a sister law enforcement agency, the South East Zonal office of the Economic and Financial Crimes Commission,EFCC todayThursday August 29, 2019 arrested three promoters and staff of Millionaires African Leaders Club, a Ponzi scheme operating from No. 79, Nike Road, Abakpa Nike, Enugu, Enugu State.
The Coordinator of the organization, Nwonu Priscilla Chika, told her interrogators that the club operates a collaborative contribution scheme, mostly transacted in cash on two class basis : first class and business class. Both attracts registration fees and monthly contribution of N3,000 and N25,000; and N2,000 and N12,500 respectively.
According to Nwonu, who claimed that that the scheme's corporate headquarters is at Nsukka with one Princess Benny as chief executive, said the Enugu office commenced operations barely two months ago and that the scheme promises their "investors" 50% return on the sum invested.
The suspect could not confirm the registration of the " firm" with the regulatory bodies such as the Securities and Exchange Commission, SEC, and the Central Bank of Nigeria, CBN.
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