Tinubu’s family bought fraud-linked $11m London mansion in 2017 ―Bloomberg

The son of the President-Elect of Nigeria, Oluwaseyi Tinubu’s company is being reported to be enmeshed in an $11million London property scandal; as reported by Bloomberg Africa, UK, Middle East, Asia, etc. A firm belonging to the son of Nigeria’s president-elect bought an $11 million London mansion that his predecessor’s government was seeking to confiscate […]

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Naira crashes to its weakest exchange rate since 2017

Nigeria’s currency, the Naira has crashed to a four-year low in the parallel market after the Central Bank’s efforts to coax banks to sell more Dollars to customers failed to bridge the widening gap between the official and street rates. Prohibited dealers were offering the naira at 502 per dollar on Wednesday, June 16, from […]

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