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Tag: russian

EU citizenship for sale as Russian oligarch buys Cypriot passport

Exclusive: Oleg Deripaska joins hundreds of rich people who have bought Cypriot nationality  The Russian oligarch Oleg Deripaska has bought a Cypriot passport under a controversial scheme that allows rich investors to acquire citizenship and visa-free access to the European Union, the Guardian can reveal.Deripaska, an aluminium magnate with connections to Donald Trump’s former campaign manager Paul Manafort, is one of hundreds of wealthy individuals who have applied for Cypriot nationality. His application was approved last year. The revelations will revive concern about…

World Citizen Equity Partners (WCEP) has acquired ninety percent shares of MBA Trading and Capital Investment LTD. Nigeria. Nigeria’s leading business WCEP will also inject more investment into it to grow the business. The acquisition will strengthen its leadership position in the Nigeria.

CEO of MBA Trading & Capital Investment Ltd, said: “I am delighted to welcome World Citizen Equity Partners as a partner and shareholder and look forward to learning from their global experience to help us strengthen our fast-growing business.”

The Nigeria’s investment market is increasingly crowded, with major players all vying for a share of the growing market.