Thursday, July 31, 2025

The Truth Banishes Fear!

Dangote distances self from “Happy World Meal Gate” Ponzi Scheme

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

The 25 Richest Countries in the World (Depending on What’s Measured)

Key Takeaways Luxembourg’s immense output per person ($141K GDP per capita) masks much of its non-resident workers. Qatar’s oil windfall lifts GDP per capita ($72K) but that hasn’t spread into broader wealth, unlike Australia or Belgium. English-speaking countries translate middling GDP per capita into high median wealth through property ownership and strong pension systems. Generating…

Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement

The United States and European Union officially reached a tariff agreement on Sunday, averting a potentially crippling transatlantic trade war. Following months of contentious negotiations, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump’s Turnberry golf resort in Scotland.   The announcement sent oil prices higher on…

Tinubu Names Olumode Samuel Adeyemi as New Federal Fire Service Chief

By Hamilton Nwosu  President Bola Ahmed Tinubu has appointed Deputy Controller-General (DCG) Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service (FFS), effective August 14, 2025.   The announcement was made in a statement by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), signed by its secretary, Abdulmalik Jibrin.  …

Ad

Olamilekan Okeowo

The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food.

The group in a release said: “Contrary to the publication widely circulated on social media and mobile instant messaging application, the Dangote brand is neither the initiator nor a partner to the “Happy World Meal Gate” Ponzi scheme and strongly warns the public against participating in such malicious schemes aimed at defrauding un-suspecting participants of their hard earned money.”

The Chief Corporate Communications Officer at Dangote Group, Mr Anthony Chiejina said: “The faceless entities behind the scheme have sought to achieve cheap legitimacy by associating themselves with the Dangote brand and other reputable multinationals and efforts are on-going to track and prosecute these for unlawful use of our brand name.”

“As it is with other Ponzi schemes, any pyramid recruitment scheme with all mathematical permutations always leads to a dire end for participants who end up losing money. He therefore advised the public to verify any information about the brand on its official website www.dangote.com.

Ad

X whatsapp