Business News

BEYOND Expo 2025: Former NBA star Meta World Peace talks basketball, business, and China at Global Investment Summit

Business Credit: BEYOND EXPOMeta World Peace, formerly known as Ron Artest, on Friday shared insights into his unique journey from NBA champion to entrepreneur during a panel at a Global Investment Summit. Known for his fierce defense and championship run with the Los Angeles Lakers, Meta revealed the story behind his memorable name change and reflected on his basketball career and life after sports.Meta explained that his name change originated from a personal journey of self-discovery. “I was going through a lot in my life and wanted to find myself,” he said. Inspired by Buddhism, he changed his name to Meta World Peace to reflect his new mindset. “It was a way for me to embrace peace, and I still proudly wore World Peace on the back of my jersey.” He recalled his NBA career highlights, including...
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Former Transnet executives arrested
Breaking News

Former Transnet Executives Arrested Over Alleged R93 Million Locomotive Scam

JOHANNESBURG – Former Transnet Executives Arrested Over Alleged R93 Million Locomotive Scam Johannesburg, 30 June 2025— In a dramatic turn in South Africa’s ongoing battle against state capture and corruption, the National Prosecuting Authority’s (NPA) Investigating Directorate Against Corruption (IDAC), with support from the Hawks, has arrested two high-profile former Transnet executives. Brian Molefe and Siyabonga Gama handed themselves over to authorities on Monday morning and are now facing charges related to a suspicious R93 million locomotive tender. The pair appeared in the Palm Ridge Magistrate’s Court later that day, joining other high-ranking former officials also implicated in the scheme . ? The Allegations The heart of the case centers on an allegedly inflated advisory tender for the procurement of 1,064 locomotives. Initially valued at around R38 billion in 2012, the contract ultimately ballooned to over R50 billion — a spike attributed by...
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EFCC arraigns former NHIS Boss, Usman Yusuf over alleged N90m fraud
Health News

EFCC arraigns former NHIS Boss, Usman Yusuf over alleged N90m fraud

By Matthew Denis and Austine Agbo Emmanuel, accompanied The Economic and Financial Crimes Commission,  EFCC, on Monday, February 3, 2025, arraigned a  former Executive Secretary of the National Health Insurance scheme, NHIS, Professor Usman Yusuf before Justice Chinyere E. Nwecheonwu of the Federal Capital Territory High Court, Kuchiako Kuje. This was contained in a statement signed by Head Media and Publicity of the Commission,  Dele Oyewale on Monday. The statement said, “Usman was arraigned on a five count-charge bordering on embezzlement, conferring undue advantage, and fraud to the tune of N90, 439,178.00( Ninety Million,  Four Hundred and Thirty Nine Thousand, One Hundred and Seventy Eight Naira only. “That you, Prof Ismab Yusuf sometime between 2016 and July 2017, whilst being Executive Secretary of the National Health Insurance Scheme (NHIS) in Abuja, within the jurisdiction of this Honourable Court, and...
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Former FUTA alumni president makes donation for renovation of Students Union Building
Science & Technology

Former FUTA alumni president makes donation for renovation of Students Union Building

Technology tamfitronics The immediate past president of the Federal University of Technology, Akure, Alumni Association Worldwide, Dr Olaitan Adesomoju, has donated one million naira for the renovation of the Students Union Building of the university.While making the donation on Friday November 8, , Olaitan, who was the vice president of the Students Union in the 1999/2000 academic session, said the gesture was another way to give back to his alma mater. “I stand before you with humility and gratitude to God for this opportunity to give back to my first constituency, the very place where my leadership journey began.“This community has given me so much, and I’m honoured to showcase another aspect of my comradeship with this donation,” he said.Read Also: Ondo guber: Tinubu leads APC final rallyAdesomoju, while encouraging other alumni of the...
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