LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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NIGERIAN LADY 'NNEKA EDE',JUST BOUGHT A PORTUGUESE FOOTBALL CLUB.{PHOTOS}.#CONGRATULATION.

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    Nigerian business woman, Nneka Ede buys Portuguese club
 Nigerian entrepreneur, Nneka Ede has become the first African woman to own a European football club after buying Lusitano Ginasio Clube, a Portuguese third division side..

Ede who secured 100 percent ownership of the 108-years-old club which last played in the Portuguese top-flight division in the 1950’s for an undisclosed amount, said her recent acquisition will help foster a greater relationship between Portugal and Nigeria.
She said;
“I am excited about this opportunity and I hope that this new chapter will deepen the already great sporting relation between Nigeria and Portugal.
“And to continue with the rich history of Lusitano club and provide a pathway for young talent to develop and shine through.”.One more photo below.
Image may contain: textImage may contain: one or more people and outdoor, text that says "LUSITANO GINÁSIO CLUBE #RENASCIMENTO"Nneka Ede becomes first African woman to own a European football ...

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