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Trader Duped of $36million in Turkey

Turkish Financial Intelligence Department

A commodities trader was given painted stones instead of $36m (£26m) of copper from a Turkish supplier in a fraudulent deal last summer. Geneva-based Mercuria Energy Group says it’s been the victim of cargo fraud following its purchase of 10,000 tons of copper blister. When the cargoes started arriving in ...

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Flutterwave Value Rise Above $1billion after $170million Funding

Flutterwave

African fintech company Flutterwave announced that it has raised $170 million in Series C funding, valuing the company at over $1 billion. The round was led by growth-equity firms Avenir Growth Capital and Tiger Global. New and existing investors who participated include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, ...

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Cameroon repatriates 5,000 Nigerian

Gov Zulun

The Governor of Borno State, Babagana Zulum, has announced that 5,000 Nigerians refugees have been repatriated to the state from Cameroon. According to a statement on Zulum’s Facebook page, the handing over took place on Monday and was led by Cameroon’s Minister for Territorial Administration, Paul Atanga Nji, and other ...

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Kayode Ajulo urges police to release arrested OPC men

Dr. Kayode Ajulo

Following the arrest of some three members of the Oodua People’s Congress (OPC) who were involved in the capturing of suspected kidnap kingpin, Iskilu Wakilu, civil right lawyer, Dr. Kayode Ajulo has urged the police to release the arrested individuals. Saying the arrest was an unfortunate development in the first ...

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Zoom founder Eric Yuan Gives-Out $6bn Worth of his shares

Mr Eric Yuan

Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video-conferencing platform, moved roughly 40% of his stake in the company last week. The shares were shown as gifts ...

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The Chibok Girl who defied Boko Haram

Chibok Girl Naomi Adamu

Mass kidnappings of children in Nigeria have been making global headlines recently and this has been hard to watch for a young woman who was abducted in an infamous attack on a school in Chibok. Naomi Adamu is quiet. As she talks she rarely makes eye contact, keeping her voice ...

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