@Rxbremen Partnership Investment Company was a corporate vehicle set up to brazenly steal from Nigerians.
Not only did my family lose millions in direct investments. This corporate fraud also found a way to sell off all of my father’s choice shares. Like millions of shares GONE!!!
Run oo
Partnership Investment Company was a corporate vehicle set up to brazenly steal from Nigerians.
Not only did my family lose millions in direct investments. This corporate fraud also found a way to sell off all of my father’s choice shares. Like millions of shares GONE!!!
“Some directors of Partnership Investment Company, Mr. Ojetunde Taiwo, Mrs. Olufunke Ogiemwonyi, Mr. Frank Ogiamien, Mr. Adeusi Aladejola Alexander and Mrs. Arese Ugwu, were also suspended for a period of five years from engaging in capital market activities.
Also, banned from holding directorship positions in any public company in Nigeria for the said period and ordered to pay a penalty of N100,000 each for breach of Rule 1 (iii) of the Code of Conduct for Capital Market Operators and their Employees.”
9 years after she’s back.
https://t.co/GoXDODHqTt
Every society celebrates what it prioritises. Policy leaders have a role in this.
Upcoming generations see this and aspire to be celebrated; aligning their actions as modelled, this inadvertently reinforces whatever values the society celebrates.
That’s how culture is moulded.
I was heartbroken to learn about these students today.
Their dad had both kidneys fail and no one could fund their education. They were forced to drop out of school in December last year.
Their names are Emmanuella Ngaha and Jason Ngaha. They came by themselves from Owerri to Enugu this morning to attend our 2-week intensive bootcamp.
They were both high-flying students at Ambassador College, Ota. The boy was the best in Maths and Chemistry in SS1, and the girl has won so many national awards.
Today they are out of school with no hope of continuing.
They decided to use their last ₦24,000 to take a bus to Enugu to attend the bootcamp.
Unfortunately, this morning they were defrauded of the ₦24,000, which left them with no option but to beg for transport support until someone helped them.
A lot of young, bright children are going through a lot that is beyond their control.
We can’t let these bright stars lose their shine because of challenges beyond their control.
This is an opportunity for @MTNNG to stop this de-marketing rhetoric.
As both a tiny shareholder & customer, I commend the effort to explain @BashirAhmaad’s data usage.
I hope he’ll be further enlightened, considering that he is also now obligated to correct the misinformation.
“Whatever you vividly imagine, ardently desire, sincerely believe, and enthusiastically act upon… must inevitably come to pass!”
- Paul J. Meyer
(Culled from Darren Hardy’s book; The Compound Effect)
Ever wondered why some people own multiple properties…
…but are still broke?
This is how it happens.
A client was about to take a KSh 35M loan to build rental units.
On paper, it looked perfect.
Then we did the math.
A thread 🧵
If Buying a Car, House, Equipment or Any Big-Ticket Product Is in Your 2026 Plans, Read This First.
A 15-Year Commercial Lesson from a $1 Million Deal Gone Wrong - (Major Concept Ltd. v. Eze (2025) 19 NWLR (Pt. 2019) 1
The facts of this case read like something that happens every day in Nigeria. Someone pays for a product, the seller gives endless excuses, and the buyer spends years chasing a refund.
In November 2010, a buyer (the respondent) entered into a contract with the sellers (the appellants) for the supply of a Maybach 62 S armoured Mercedes-Benz. The agreed price was $830,000. An initial $700,000 deposit was to be paid, and the balance of $130,000 would be paid on delivery.
The buyer paid the $700,000 into the sellers’ nominated Bank of America account and the delivery was supposed to happen within four months.
Instead of a car, the sellers began to offer excuses, changing timelines, adjusting the balance, and adding new conditions. Eventually, they asked for an additional $300,000 before delivery. The buyer paid it, bringing the total to $1,000,000.
Still, no vehicle. Despite personal guarantees and repeated assurances, nothing happened. When the buyer got frustrated, the buyer sued for a refund of the $1 million, claiming total failure of consideration.
Because the case was brought under the Summary Judgment Procedure, the sellers were required to file an affidavit showing they had a real defence. They couldn’t show they had a real defence. The High Court entered judgment for the buyer. The Court of Appeal affirmed it. The sellers dragged the matter to the Supreme Court, and again, they lost.
From 2010 until its conclusion, this matter illustrates something every Nigerian, individual or business, needs to understand:
Once your money leaves your hand, the journey to get value or a refund becomes a battle. Without clear documentation and strategic shields, that battle becomes a war and in war, the unprepared are the first to fall.
Commercial Lessons for Anyone Planning a Major Purchase in 2025/2026
1. Never pay large sums without proper legal shields & documentation.
This is not being paranoid. It is a protection you should put in place before you transfer money for a car, equipment, property, imported goods, or any expensive item.
Before you commit to any significant purchase, get a lawyer to review the contract; and if no contract exists at all, that is your first and clearest red flag. Engage a lawyer who represents your interests to prepare a proper agreement for execution. The contract should classify your payment as a liquidated sum, set out recovery terms that are clear and enforceable, and be structured in a way that favours swift remedies, including the possibility of summary judgment, if things ever go wrong. Trust me, things do go wrong every time.
Many Nigerians spend years chasing refunds simply because no contract existed at the outset and when one does exist, it is often silent on the things that matter or, worse, carelessly drafted. In an age where many trust AI to play the role of a lawyer, they forget that the context, nuance, and peculiarities of each transaction shape the structure and the safeguards that must follow. Do not be penny wise and pound foolish; the money you save today may become the loss you mourn tomorrow.
2. Avoid “gentleman agreements” and WhatsApp contracts.
A $1 million lesson: When things go wrong, screenshots might not save you in a manner you would love.
Contracts need liquidated damages clauses (not penalty clauses), jurisdiction/venue clauses used strategically, timelines with consequences, refund triggers, obligations clearly tied to delivery milestones. These make recovery faster and cleaner.
3. Explore tripartite structures when appropriate.
Not every contract must be 1 buyer + 1 seller. Sometimes, adding a third party can create stronger accountability such as a guarantor, a financier or an escrow agent.
Many people argue...
Adam Neumann lost $40 billion and got another $350 million. Your African founder friend lost $40,000 and can't get a meeting. The difference isn't talent. It's the right to fail.