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Pudit Kittithradilok, 34, received the harsh punishment after he pleaded guilty to operating a Ponzi scheme in Thailand that earned his companies upwards of $160m.
The Senate Committee on Information Communication Technology, ICT, and Cybercrime has vowed to expose and impose sanction on commercial banks used to perpetuate the fraud by the ponzi scheme – Mavro Mondial Movement, MMM, which collapsed last year, robbing investors of stupendous amount of money.
A former Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metu, has been admitted at the Intensive Care Unit of the Nnamdi Azikiwe University Teaching Hospital, Nnewi.
President Muhammadu Buhari has condoled with the government and people of Jigawa over the passing away of former Chief Justice of Nigeria, Justice Dahiru Musdapher, according to a statement.
Since taking office four months ago, Angola’s new president has made some attention-grabbing moves that he says are part of his campaign promise to clean up the nation’s ailing, corruption-riddled economy.
The Kebbi State Governor, Atiku Bagudu, on Tuesday presented a budget proposal of N151billion for the 2018 fiscal year to the state House of Assembly.
The Sokoto Command of Nigeria Security and Civil Defense Corps (NSCDC) has confirmed the death of Assistant Inspector, Nafi’u Aliyu, during gun battle with cattle rustlers.
No fewer than 300 successful births have been recorded in Fufore Internally Displaced Persons camp hosting Nigerians evacuated from Republic of Cameroon in the past two years.
There is tension in Oke Ako and Irele communities in Ikole local government area of Ekiti State following the alleged killing of a Fulani herdsman on Monday.
President Yoweri Museveni of Uganza on Wednesday accused the UN of “preserving terrorism” in neighbouring Democratic Republic of Congo where U.N. peacekeepers have been unable to curb deadly attacks by Islamist rebels.
Atletico Madrid coach Diego Simeone denied Antoine Griezmann is distracted by continuing reports linking him with Barcelona after the star attacker scored in Saturday's 1-1 La Liga draw at home to Girona.
Members of the Southern Cameroon have accused the Nigerian government through the office of the National Security Adviser of abducting the President of its interim government including eleven other members of his cabinet.