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Africa News of Thursday, 11 January 2024

    

Source: www.ghanaweb.live

How a Nigerian entrepreneur built a non-existent US$1 billion company

Dozy Mmobuosi is facing up to 45 years in prison if convicted Dozy Mmobuosi is facing up to 45 years in prison if convicted

In February 2023, a Nigerian entrepreneur and founder of Tingo Group, a global agri-fintech firm, Dozy Mmobuosi was set to purchase a majority stake in UK football club, Sheffield United.

Mmobuosi was said to have earmarked about £90 million pounds for the takeover of the football club but the deal hit a snag after US regulators discovered ‘massive fraud’ in his

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