521 days ago
There are folks out there who still think that Chris Cleverly and Darren Mercer have ignored the habits of a lifetime and created a real business in Tingo (US:TIO) and that its fully diluted billion plus bucks market cap undervalues the story despite Lucian’s damning dossier HERE. Well here is something for such folks to consider: where are Tingo mobile’s 9 million supposed customers? I present to you a series of screenshots.
591 days ago
On Sunday in bearcast I started the case against Dozy Mmobuosi, the man behind Tingo, being allowed by the English Football League to but championship high flyers Sheffield United. Dozy says that all of his wealth is in Tingo Group listed in the USA. I now take it further with some monstrous accounting red flags which even the EFL must pay attention to.
1550 days ago
My friend Bill Long and I attended a lecture a few years ago in New York, given by the historian Madge Dresser and organised by the American branch of the National Trust. Its theme was the links between slavery and National Trust properties. Although Madge and I disagreed a little on the history of the South Sea company, it was balanced, fair and very interesting indeed. But in the wake of BlackLivesMatter, the NT has decided that it has not acknowledged its sin fast enough or sufficiently enough and so has commissioned a major new report. Yes: that is the same NT that is firing 14% of its staff, 1200 folks, because it says, untruthfully, that it faces a cash crisis and there is no other way.
2153 days ago
Taxpayer funded, BBC Radio 4 has just run a long report on the problems Nigeria faces. It started with David Cameron slamming the country as being corrupt back in 2016. This, the BBC argued, was unhelpful. It was a bad thing to say. I am not normally one to defend Call Me Dave, but on this occasion.
3119 days ago
Yesterday Dodgy Dave claimed that leaving the EU increased the risk of World War Three. That was a slam dunk 100% lie and some people pointed that out but on the whole he got an easy ride.
Today David Cameron was revealed to have said that Nigerian and Afghanistan are corrupt. Well that is not an opinion that is a fact. According to Transparency International only 16% of the world's countries are more corrupt than Nigeria while Afghanistan is ranked as among the top 1% for corruption. It is in a neck and neck race to be the most corrupt country on this planet.
Naturally the UK gives both countries oodles of aid to be stolen. International aid is as
3231 days ago
MX Oil (MXO) owning folks insist that the Front Puffin is already on its way from Singapore to Nigeria and they do so because New Africa Energy, the largest shareholder in the Aje block said so on Sunday as you can see in the screen grab below. Sadly...
4387 days ago
The Daily Mail has its knickers in a twist about how £230 million of taxpayers cash is being pissed away by DfiD on an education programme in Nigeria. The Mail is wrong. What needs to be asked is why we are giving cash at all to the world’s 8th largest exporter of crude oil.
But to humour the Mail it is perhaps noting the report of The Independent Commission on Aid Impact. The UK has poured £102million into education in ten of Nigeria’s 36 states during the last seven years, and is due to spend a further £126million by 2019. But the report found that a third of the eligible children – an estimated 3.7million – were still not in school, while those that were received little by way of education.
