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Neymar begins trial in Barcelona ahead of World Cup

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Neymar begins trial in Barcelona ahead of World Cup

With the World Cup barely a month away, Brazilian superstar Neymar goes on trial in Spain Monday over alleged irregularities in his transfer to Barcelona nearly a decade ago.

The 30-year-old, wearing sunglasses and a dark suit, waved to the press as he arrived with his parents at the Provincial Court of Barcelona at around 9:45 am.

The high-profile trial is the culmination of a years-long legal saga over his 2013 transfer from the Brazilian club Santos to Barcelona.

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Neymar then joined Qatar-owned Paris Saint-Germain in a world record 222 million euro ($214 million) transfer in 2017.

He is one of nine defendants on trial on corruption-related charges, among them his parents and their N&N company, which manages his affairs.

All three are facing charges of business corruption.

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Investigators began probing the transfer after a 2015 complaint filed by DIS, a Brazilian company that owned 40 percent of the player’s sporting rights when he was at Santos.

Barcelona said the transfer cost 57.1 million euros, but prosecutors believe it was at least 83 million euros.

The club said it paid 40 million euros to N&N and 17.1 million to Santos, of which 6.8 million was given to DIS.

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But DIS alleges that Neymar, Barcelona and the Brazilian club colluded to mask the true cost of the deal.

Among the other defendants are two former Barca presidents, Sandro Rosell and Josep Maria Bartomeu, and ex-Santos boss Odilio Rodrigues Filho.

– ‘Complicity to defraud’ –
Neymar, who came to Barcelona just hours after scoring the winning goal against Marseille in a Ligue 1 match on Sunday, will testify on either October 21 or October 28, but it is not known if he will have to be physically present. The trial is due to end on October 31.

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If convicted, he could face two years in jail and a 10-million-euro ($9.7 million) fine.

Real Madrid president Florentino Perez will take the stand on Tuesday by videoconference to give his opinion of how a 2011 secret pre-contract deal between Barca and Neymar influenced the market.

“Neymar Junior, with the complicity of his parents and FC Barcelona and its directors at the time, and Santos FC at a later stage, defrauded DIS of its legitimate financial interests,” said DIS lawyer Paulo Nasser on Thursday.

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DIS is seeking to recover 35 million euros.

– Set for World Cup –
Neymar’s lawyers insist their client is innocent, saying the 40 million euros was a “legal signing bonus which is normal in the football transfer market”.

They have said Spanish authorities lack jurisdiction to hear the case since the transfer involved Brazilian nationals in Brazil.

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Neymar’s abrupt departure from PSG five years ago sparked a string of legal disputes, with Barcelona withholding its contract extension bonus and suing the player for breach of contract, as Neymar countersued.

Both sides eventually reached an ‘amicable’ out-of-court settlement in 2021.

The footballer is having one of his best seasons since he joined PSG.

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His goal against Marseille was his ninth league goal of the season and he has seven assists in 11 Ligue 1 matches.

But his relations with France international superstar Kylian Mbappe appear to be strained, with the 23-year-old reportedly demanding PSG sell the Brazilian.

Neymar is also expected to play a key role for Brazil at the World Cup in Qatar, as the South American giants seek to win the trophy for the first time since 2002, and the sixth in total.

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He will lead the Selecao into their Group G opener against Serbia on November 24.

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Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

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Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.

The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.

One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”

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Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.

Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.

A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”

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Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.

The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.

The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.

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NEPZA, FCT agree to create world-class FTZ environment

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NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.

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Benue IDPs block highway, demand return to ancestral homes

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Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.

The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.

The protest caused disruption, leaving hundreds of motorists and passengers stranded.

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Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.

“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.

Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.

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Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.

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