onyema

NSE Boss, Onyema, Bullish On Insurance Sector

December 11, 2019 8:20 am

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr. Oscar Onyema yesterday said the ongoing recapitalisation exercise in the insurance sector will present new opportunities for mergers and acquisitions and bring about efficiency, innovation and profitability.

Onyema stated this at the NSE Insurance Sector Forum with the theme: “Recapitalisation: A Panacea for Insurance Industry Growth,” held in Lagos, which was sponsored by Coronation Merchant Bank.

According to him, the upward review of the paid-up capital of the insurance sector would strengthen the growth and development of the sector, noting industry has grown remarkably over the years, generating a gross premium …

Onyema: Northern Youths To March To US Embassy In Nigeria

December 5, 2019 3:25 am

NORTHERN youths have revealed plans to mobilize its members across the Northern States for the peaceful rally at the US embassy over the alleged US$20million indictment of Chairman and Chief Executive Officer of Air Peace, Barr. Allen Onyema by United States Department of Justice raising concern and suspicion over the alleged indictment and questioning the timing.

The Youth under the aegis of Arewa Youth Patriotic Front in a statement said the Air Peace Chairman, was allegedly being framed in collaboration with some Nigerians to undermine his business interest across Africa.

Read Also: IPOB Press Release On Invasion Of Ifeanyi Ejiofor’s …

Allen Onyema: MEND Backs US Prosecution Of Air Peace Boss

December 1, 2019 10:29 am

The Movement for the Emancipation of the Niger Delta has applauded the indictment of Air Peace Chairman, Allen Onyema, in a $21m fraud by the United States of America.

Onyema was indicted by a federal grand jury in the US on November 19 on multiple charges bordering on criminal conspiracy, bank fraud and money laundering and faces a jail term of 105 years if found guilty.

MEND posited that the Niger Delta amnesty program was built on a fraudulent foundation from inception, starting with the grossly exaggerated figure of militants put at 30,000, a figure that was a key element …

Allen Onyema: How I Made My Money To Start Air Peace

November 26, 2019 6:22 am

When the news broke over the weekend that Allen Onyema had been indicted in the United States for multi-million dollar fraud, a question that echoed amongst Nigerians was how he moved from relative obscurity to become one of the biggest players in Nigeria’s aviation sector in just about half a decade.

Some commentators said the indictment buttressed their suspicion that Mr Onyema might be a fraudster like many Nigerian businessmen with unexplained wealth; while others rehashed old claims that he has been fronting for unscrupulous politicians who cornered public funds and invested the same through him.

Mr Onyema established Air …

Onyema Lied Against Me And Fulani Cabal Came For Him – Kanu

November 24, 2019 4:33 pm

Leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu has via his verified Facebook page accused embattled Air Peace Boss, Chief Allen Onyema of lying against him and stated the reasons why the Fulani cabals were after him.

Read Also: Breaking: Kanu To Broadcast On Onyema, Zik’s Treachery

“Allen Onyema lied against me, and I reminded him that I know the source of his riches. After my statement the Fulanis went after him, they know that IPOB will not fight for him for undermining our struggle to restore Biafra’s independence. I will not ask him further questions, I believe …

Air

Air Peace: Allegation Against Allen Onyema False

November 23, 2019 7:19 am
Ejiro Eghagha, AirPeace Chief of Administration and Finance has denied allegations made against her by the  US Attorney in Atlanta, Georgia in relation to purchase of Aircraft, Aircraft spares and Aircraft maintenance for her employer.
Eghagha insists that none of the allegations involve any third  party funds but relate to funds belonging to her employer and utilized in the Airline business.
This response is coming a few hours after news  involving the  Allen Ifechukwu Athan Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline broke.
He is being charged with bank fraud and money laundering for moving
…

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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