TIME 100 GLOBAL HONOUR: LAGOS TOURISM MINISTRY SALUTES MO ABUDU. (PHOTO). #PRESS RELEASE.

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 TIME 100 GLOBAL HONOUR: LAGOS TOURISM MINISTRY SALUTES MO ABUDU The Lagos State Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka, on behalf of the Ministry, has extended heartfelt congratulations to Ms. Mo Abudu, Founder and Chief Executive Officer of EbonyLife Group, on her prestigious recognition as one of TIME Magazine's 100 Most Influential People in the World for 2025. Describing the honour as remarkable and well-deserved, the Commissioner applauded Ms. Abudu for her unparalleled impact on the global creative landscape through storytelling, media innovation, and a deep-rooted commitment to changing the African narrative. Mrs. Benson-Awoyinka noted that Ms. Abudu’s latest recognition stands as a proud moment for Lagos State and the Nigerian film industry, affirming the vibrancy and excellence of local talent on a world-class platform. ā€œMo Abudu’s trailblazing work continues to redefine what is possible within Africa’s creative economy. Her journey is a pow...

COURT CONVICTS PONZI SCHEME OPERATOR IN KANO,ORDERS RETURN OF N110M TO VICTIMS.{PHOTO}.#PRESS RELEASE.

 

Justice Lewis Allagoa of the Federal High Court, Kano on March 2, 2021 convicted one Maryam Abu Shinga on one count amended charge of retention of proceeds of crime. She was also ordered to pay the sum of N110, 000,000 in restitution to victims
The convict was said to have lured her victims into a phony gold mining investment where she represented that the investor stands to earn 300% profit. She claimed that when an investor invests N500, 000, such investor could earn N1, 500,000 (One Million Five Hundred Thousand Naira Only) as returns on investment over a period of 4 weeks.
Investigation, however, revealed that the convict was never into gold mining or any such investment. It was also discovered that even though Shinga was able to pay some early investors with funds taken from later investors, she allegedly diverted N394,541,910 (Three Hundred and Ninety-four Million, Five Hundred and Forty-one Thousand, Nine Hundred and Ten Naira) belonging to several other investors.
Upon arraignment, Shinga pleaded ā€˜not guilty’ thereby setting the stage for trial.
During the trial which commenced on January 23, 2020, the prosecution called five witnesses and tendered several documents in evidence. However, before the prosecution could close its case, the convict opted for a plea bargain.
In his judgment on Tuesday, March 2, Justice Allagoa accepted the terms of a plea bargain agreement, convicted and sentenced the defendant to restitute the complainants in the sum of N110, 000,000.
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