EL-RUFAI TO REMAIN IN ICPC CUSTODY AS COURT DELAYS BAIL HEARING UNTIL JUNE. (PHOTO).

-
Image
 El-Rufai To Remain In ICPC Custody As Court Delays Bail Hearing Until June Former Kaduna State governor Nasir El-Rufai will remain in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) until at least June 2026 after his bail hearing was postponed. Justice Darius Khobo of the Kaduna State High Court adjourned the hearing to the first week of June.  El-Rufai is currently facing an amended nine-count charge involving alleged fraud and abuse of office brought against him by the ICPC. The former governor had earlier appeared in court to seek bail, but the judge deferred ruling on the application.  Meanwhile, in a separate case, he was granted bail by Justice Rilwanu Aikawa of the Federal High Court in Kaduna, set at ₦200 million.  Despite this, the court directed that he remain in ICPC custody until all bail conditions are met. Among the conditions, El-Rufai is prohibited from making public statements about the case and is requi...
Post a Comment

MARK MOBIUS, PIONEERING EMERGING MARKETS INVESTOR KNOWN AS THE 'INDIANA JONES OF INVESTING,' DIES AT 89.(PHOTO).

-


 Mark Mobius, pioneering emerging markets investor known as the 'Indiana Jones of investing,' dies at 89

Mark Mobius, a pioneering emerging-markets investor known for turning developing economies into a major global asset class, has died at the age of 89.

Mobius died on Wednesday, according to a statement posted on his LinkedIn page, with no cause of death disclosed. He was widely known as the “Indiana Jones of emerging markets” for his willingness to invest in volatile and often overlooked regions across Asia, Africa, Latin America, and Eastern Europe.

Over a career spanning more than four decades, Mobius became one of the most influential figures in global investing. He spent more than 30 years at Franklin Templeton, where he helped build and lead the Templeton Emerging Markets Group and played a major role in bringing emerging markets into mainstream institutional investing. He later continued his work through Mobius Capital Partners and other ventures focused on frontier economies.

Mobius was known for his hands-on approach, traveling extensively to meet companies, workers, and local officials in the countries he studied. He frequently emphasized that real-world observation mattered more than theory when identifying investment opportunities. He visited more than 100 countries and built a reputation for deep on-the-ground insight into markets many investors once avoided.

He remained active in markets in recent years, continuing to comment on global investment opportunities and emerging market prospects, including Venezuela earlier this year.

Born in Hempstead, New York, to Puerto Rican and German parents, Mobius earned a PhD in economics from MIT. His career included work in fine arts, teaching, marketing, and consulting before entering global finance. His books and investment philosophy influenced generations of fund managers.

Leadership of Mobius Investments will pass to partners John Ninia and Eric Nguyen, the firm said.


Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.

-
Image
                Lagos State Governor,Mr Akinwunmi Ambode on friday officially launched the one year long activities to mark the 50 years anniversary of the State which will climax on May 28,2017,just as he said the activities lined up would showcase to the world the unique achievements,culture,heritage and the tourism potentials of the state.Governor Ambode,who spoke at a special children programme tagged ''Vision of the Child'' to officially kick start the one year long activities for the Golden Jubilee of the State,said the celebration was put together to provide historical opportunity to propel the State into unimaginable greatness as well as put it on highest pedestal in the league of the world megacity states.The Governor,who assured that the events would be the biggest celebration in the 50 years history of the state,added that Lagosians should expect nothing short of world class events.He said ''This golden jubilee celebration will show Lag...
Read more