Skip to main content

South Africa Returns Seized $15m To Nigeria


The $15m earlier seized from some Nigerians by the South African Government had been released to Nigeria said the The South African Ambassador to Nigeria, Lulu Mnguni, in a news conference on Friday

Recall that the South African Government had, on September 5, 2014, seized $9.3m cash belonging to Nigeria and a month later seized another $5.7m, claiming that both funds were to be used for illegal purchase of arms.

However, Nigeria’s National Security Adviser, Sambo Dasuki, said the transactions were legal, urging the South African Government to stop actions that could degenerate to a diplomatic showdown.

The South African Ambassador stressed that,“South Africa’s relation with Nigeria is priceless; it cannot be sold for $15m".

Popular posts from this blog

Miss Nigeria, Unoaku Anyadike Dazzles At The Miss Universe Swimsuit Competition

The reigning miss Nigeria, Unoaku Anyadike who is in Manila, Philippines for the 65th edition of Miss Universe is proving to be a strong contender for the crown. Recently, she graced the podium for the Mis Universe swimsuit day and she looked smashing.
The finale will be held on January 30, 2017 at the Mall of Asia Arena, Pasay, Metro Manila, Philippines

See more pics after cut

"I'm at peace. I know where I am going to if I don't come out and I ll be with Jesus" Last words of beautiful Nigerian girl who died during appendix surgery

A 19-year-old Kika Onyibe, a Law student at Birmingham University, UK, passed away on Wednesday, April 12th, during a surgery for ruptured appendix in a Lagos hospital. According to her boyfriend, Emmanuel Ayoola, she had traveled to Nigeria from the UK to receive treatment for what she thought was an infection but ended up being a ruptured appendix. It was later gathered that Kika died due to complications from the surgery.

Meet Sola David-Borha, The Highest Paid CEO In Nigeria, Recieves N484,931 Daily

Meet Mrs Sola David-Borha, the CEO Stanbic IBTC and also the highest paid CEO in Nigeria. Until January this year, Sola was the Chief Executive Officer, Stanbic IBTC Holdings Plc. – a full-service financial services Group with subsidiaries in Commercial Banking, Investment Banking, Pension and Non-Pension Asset Management and Stockbroking.