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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FRANCIS NGANNOU TO EARN OVER $10 MILLION IN PFL DEBUT AGAINST RENAN FERREIRA. (PHOTO).

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Francis Ngannou to Earn Over $10 Million in PFL Debut Against Renan Ferreira


Cameroonian MMA star Francis Ngannou is set to pocket more than $10 million when he makes his debut in the Professional Fighters League (PFL). His first fight will be against Renan Ferreira in the "Battle of the Giants" event, hosted in Saudi Arabia.


Ngannou, also known as "The Predator," secured a unique clause in his PFL contract, ensuring that his opponents receive a guaranteed minimum payout of $2 million per fight. Renan Ferreira praised Ngannou for this move, calling it a show of sportsmanship and respect.


This fight could be one of the most lucrative in PFL history.

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