Central Bank of Nigeria Reverses Crypto Transaction Ban, Issues New Guidelines for Virtual Asset Service Providers

CBN Acknowledges Global Trends, Stresses the Need for Regulation in the Cryptocurrency Space In a significant policy shift, the Central Bank of Nigeria (CBN) has reversed its stance on the ban on cryptocurrency transactions in the country. The apex bank, …

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Investigation Reveals Alleged Proxy Use in Acquisition of Union, Keystone, and Polaris Banks by Sacked CBN Governor

Special Investigator’s Report Points to Godwin Emefiele’s Involvement in Controversial Bank Acquisitions A recent report by Jim Obazee, the special investigator appointed by President Bola Tinubu, has unearthed controversial details surrounding the alleged use of proxies by the sacked governor …

Investigation Reveals Alleged Proxy Use in Acquisition of Union, Keystone, and Polaris Banks by Sacked CBN Governor Read More

Former CBN Governor Faces Allegations of Illegal Foreign Accounts: Special Investigator Submits Report to President Tinubu

Emefiele Accused of Opening 593 Foreign Bank Accounts Without Approval, Investigation Reveals Multiple Offences A damning report submitted by the Special Investigator appointed by President Bola Tinubu has accused the former Governor of the Central Bank of Nigeria (CBN), Mr …

Former CBN Governor Faces Allegations of Illegal Foreign Accounts: Special Investigator Submits Report to President Tinubu Read More

Bandits Demand Beer Levies from Farmers in Taraba State, Prompting Security Concerns

Communities in Ardo-Kola Local Government Area Forced to Pay Alcohol Fees to Harvest Crops In a disturbing development in the Ardo-Kola local government area of Taraba State, bandits have reportedly resorted to collecting beer as levies from farmers, demanding payment …

Bandits Demand Beer Levies from Farmers in Taraba State, Prompting Security Concerns Read More

Minister Festus Keyamo Initiates Major Overhaul: Sacks 33 Directors in Aviation and Aerospace Development

Clean Sweep Reverses Last-Minute Appointments by Previous Administration In a bold move signaling a major shake-up within the Ministry of Aviation and Aerospace Development, Minister Festus Keyamo has terminated the appointments of 33 directors, sparking debates and reactions within the …

Minister Festus Keyamo Initiates Major Overhaul: Sacks 33 Directors in Aviation and Aerospace Development Read More

Rivers State Governor Presents 2024 Budget Amidst Assembly Shake-Up

Governor Fubara Unveils ‘Budget of Renewed Hope’ as 27 Lawmakers’ Seats Declared Vacant In a startling turn of events, Governor Siminalayi Fubara of Rivers State delivered the 2024 Budget on Wednesday to a newly constituted four-man state Assembly, marking a …

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Central Bank of Nigeria Announces Immediate Suspension of Processing Fees on Large Cash Deposits

Apex Bank Takes Bold Step to Ease Financial Burden on Customers In a move aimed at providing relief to customers, the Central Bank of Nigeria (CBN) has directed all commercial banks and non-bank financial institutions to suspend processing fees on …

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Nigerian Man Arrested in the UK for Alleged Murder of Wife

David Abodunde in Custody After Shocking Incident Involving Former Ophthalmic Nurse Taiwo Owoeye In a harrowing turn of events, the United Kingdom police have apprehended Nigerian national David Abodunde in connection with the alleged murder of his wife, Taiwo Owoeye, …

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Nigerian Air Force Denies Involvement in Airstrikes Amidst Reports of Civilian Casualties

NAF Issues Statement Refuting Accusations of Airstrikes in Kaduna State; Calls for Media Diligence in Reporting The Nigerian Air Force (NAF) has vehemently denied any complicity in the reported airstrikes on Tudun Biri in Igabi Local Government Area of Kaduna …

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Barclays Faces Backlash as it Announces 900 Job Cuts Ahead of Christmas

Trade Union Unite Deems the Move “Disgraceful” Amid Concerns Over Impact on Services and Staff In a pre-Christmas shocker, British banking giant Barclays has unveiled plans to cut 900 jobs across its domestic business, a revelation that has been met …

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Tragedy Strikes: Chinese Student and Gamer Dies from Possible Exhaustion After Marathon Livestreaming Sessions

Internship Pressure and Demanding Work Hours Highlight Struggles Faced by Livestreamers in China In a heartbreaking incident, a final-year student and avid video game streamer, identified by the surname Li, has been declared dead from possible exhaustion after a grueling …

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Aviation Minister Festus Keyamo Demands Compensation for Flight Disruptions

Stricter Measures Introduced to Tackle Airline Flight Cancellations and Delays The Minister of Aviation and Aerospace Development, Festus Keyamo, has taken a decisive stand, declaring that airlines failing to meet flight schedules must now compensate passengers for the inconvenience caused. …

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Central Bank of Nigeria Calls for Increased Capital Base as Economy Targets $1 Trillion

Governor Yemi Cardoso Urges Banks to Boost Capital Adequacy to Align with Ambitious Economic Growth Projections In a significant move aimed at fortifying the financial sector, the Central Bank of Nigeria (CBN) has hinted at compelling banks in the country …

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Binance Founder CZ Zhao Agrees to $175 Million Release Bond, Faces Sentencing in 2024

Changpeng Zhao’s Bond Conditions Could Pave the Way for a Return to Dubai, Pending U.S. Review In a recent development, Binance founder Changpeng “CZ” Zhao has agreed to a substantial $175 million release bond and committed to returning to the …

Binance Founder CZ Zhao Agrees to $175 Million Release Bond, Faces Sentencing in 2024 Read More

Binance and CEO Changpeng Zhao Enter Guilty Plea in Historic $4.3 Billion Deal with US Department of Justice

World’s Largest Cryptocurrency Exchange Faces Leadership Shake-Up and Record Corporate Penalty In a groundbreaking agreement with the U.S. Department of Justice, Binance, the world’s leading cryptocurrency exchange, and its chief executive, Changpeng Zhao, have pleaded guilty to criminal charges related …

Binance and CEO Changpeng Zhao Enter Guilty Plea in Historic $4.3 Billion Deal with US Department of Justice Read More

Lagos Governor Faces Backlash Over Lavish Spending: Critics Slam N7.5 Million Air Freshener and N3 Billion Rechargeable Fan Contracts

Outrage Mounts as Public Questions Priorities in Recent Public Procurement Approvals Lagos State Governor, Babajide Sanwo-Olu, is facing intense criticism following revelations of exorbitant expenditures, including the approval of N7.5 million for the replacement of liquid fragrance in his office …

Lagos Governor Faces Backlash Over Lavish Spending: Critics Slam N7.5 Million Air Freshener and N3 Billion Rechargeable Fan Contracts Read More

President Tinubu Heads Nigerian Delegation to G20 Compact with Africa Conference in Berlin

Energy, Trade, and Investment Top Agenda as President Tinubu Strengthens Economic Ties with Germany President Bola Tinubu is set to depart Abuja on Saturday for Berlin, Germany, where he will attend the G20 Compact with Africa (CwA) Conference on November …

President Tinubu Heads Nigerian Delegation to G20 Compact with Africa Conference in Berlin Read More

Labour Party Denies Merger Talks with PDP: Calls Reports “Mere Sensation”

Spokesperson Clarifies Statements, Emphasizes Focus on Democracy and Post-Election Evaluation The Labour Party (LP) has unequivocally denied any plans for a merger with the Peoples Democratic Party (PDP) and its presidential candidate, Alhaji Atiku Abubakar. In a statement issued on …

Labour Party Denies Merger Talks with PDP: Calls Reports “Mere Sensation” Read More

Labour Party’s Peter Obi Criticizes Tinubu-Led Administration’s Claims of Inheriting a “Bankrupt” Nation

Former Anambra Governor Calls for Transparency and Accountability Amidst Allegations of Financial Distress Presidential candidate of the Labour Party, Peter Obi, has taken a swipe at the administration led by President Bola Tinubu, challenging recent assertions that they inherited a …

Labour Party’s Peter Obi Criticizes Tinubu-Led Administration’s Claims of Inheriting a “Bankrupt” Nation Read More

Ooni of Ife and Governor Adeleke’s Meeting Stirs Social Media Controversy

Encounter Sparks Online Debate In a recent event in Ondo State, a public interaction between the Ooni of Ife, Oba Adeyeye Ogunwusi, and the governor of Osun State, Ademola Adeleke, has ignited a social media storm. Users across various platforms …

Ooni of Ife and Governor Adeleke’s Meeting Stirs Social Media Controversy Read More

Wave of Abductions Hits Benue State as Gunmen Target Commuters and Travelers

Benue Links Vehicle Ambushed on Naka Road – 13 Passengers Kidnapped, Adding to Disturbing Trend In a distressing incident, gunmen have reportedly seized control of a Benue State-owned transport company vehicle, Benue Links, abducting 13 passengers along the dilapidated Naka …

Wave of Abductions Hits Benue State as Gunmen Target Commuters and Travelers Read More

Iyanya Speaks Candidly on Relationships, Fidelity, and Dispels Dating Rumors in Exclusive Interview

Nigerian singer shares insights on commitment and addresses speculations surrounding his love life In an exclusive interview with DoyinSola David, Nigerian music sensation Iyanya delved into his perspectives on relationships, fidelity, and put to rest rumors circulating about his dating …

Iyanya Speaks Candidly on Relationships, Fidelity, and Dispels Dating Rumors in Exclusive Interview Read More

Peter Obi Declares Intent for 2027 Presidential Race Despite 2023 Setback

Labour Party Candidate Signals Continued Commitment After Supreme Court Verdict November 6, 2023 Peter Obi, the Labour Party (LP) presidential candidate in the recently concluded 2023 general election, has declared his intention to contest the 2027 presidential election, indicating a …

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Minister Festus Keyamo Defers Decision on Nigeria Air to President Tinubu

Aviation and Aerospace Minister Reiterates Presidential Authority in Determining Fate of Suspended Airline In a recent statement, the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, emphasized that the ultimate decision regarding the fate of Nigeria Air rests with …

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Minister Festus Keyamo Issues Stern Warning to Aviation Executives: “Support or Face Consequences”

Minister Seeks Stakeholder Backing to Deliver on Presidential Performance Bond at Inaugural Stakeholders’ Meeting In a decisive move, the Minister of Aviation and Aerospace, Mr. Festus Keyamo, has issued a stern warning to chief executives of aviation agencies under his …

Minister Festus Keyamo Issues Stern Warning to Aviation Executives: “Support or Face Consequences” Read More

A Private Jet Carrying the Minister of Power Crash-Lands Near Ibadan Airport, No Injuries Reported

Authorities Launch Investigation into Late Evening Incident Amidst Poor Visibility In a harrowing incident, a luxury jet carrying the Minister of Power, Adebayo Adelabu, and other individuals crash-landed just a few meters from the Ibadan Airport runway on Friday evening. …

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Senate Approves N2.176 Trillion 2023 Supplementary Budget

President Tinubu’s Proposal Gets Green Light for Additional Palliatives and Critical Expenditures In a crucial move during Thursday’s session, the Nigerian Senate gave its nod to the N2.176 trillion 2023 supplementary budget presented by President Bola Ahmed Tinubu earlier in …

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Senior Presidential Aide Clarifies Misconceptions on 2023 Supplementary Budget

Temitope Ajayi sheds light on the purpose behind the provisions for a presidential yacht and State House vehicles In a recent article, Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity, addresses the misconceptions surrounding two line …

Senior Presidential Aide Clarifies Misconceptions on 2023 Supplementary Budget Read More

Newcastle United Stuns Manchester United 3-0 in Carabao Cup Upset

Eddie Howe’s Tactical Brilliance Seals Quarter-Final Spot as Erik ten Hag Faces Mounting Pressure In a shocking turn of events at Old Trafford, Newcastle United secured a resounding 3-0 victory against Manchester United in the Carabao Cup, amplifying the mounting …

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Minister Nyesom Wike Addresses Rivers State Crisis: Stresses Importance of Political Base

Wike Reacts to Governor Fubara’s Impeachment Threat Amidst Party Wrangling The political landscape in Rivers State is currently in turmoil as the relationship between Minister of Federal Capital Territory (FCT), Nyesom Wike, and his successor, Governor Siminalayi Fubara, has soured …

Minister Nyesom Wike Addresses Rivers State Crisis: Stresses Importance of Political Base Read More

Chief of Army Staff Urges Vigilance: Calls for Action to Halt Recurring Leaks of Official Documents”

Lieutenant General Taoreed Lagbaja Issues Warning at Chief Clerks Convention in Kaduna In a bid to address the persistent issue of leaked official documents, the Chief of Army Staff (COAS), Lieutenant General Taoreed Lagbaja, has expressed deep concern and called …

Chief of Army Staff Urges Vigilance: Calls for Action to Halt Recurring Leaks of Official Documents” Read More

Governor Simi Fubara and Former Governor Nyesom Wike Meet at Presidential Villa Amidst Political Tensions

Rivers State Leaders’ Encounter Raises Eyebrows Amidst Impeachment Speculations Governor Simi Fubara of Rivers State and his predecessor, Nyesom Wike are at a meeting at the Presidential Villa in Abuja. The two leaders, who reportedly had a falling out within …

Governor Simi Fubara and Former Governor Nyesom Wike Meet at Presidential Villa Amidst Political Tensions Read More

Governor Otti Unveils Shocking Discovery: Over 80 Bodies Recovered from Kidnappers’ Den in Abia State

Security Operation Reveals Disturbing Findings, Prompts Government Action to Tackle Crime In a startling revelation, Governor Alex Otti of Abia State announced that over 80 bodies have been recovered from a kidnappers’ den in the state. The grim discovery was …

Governor Otti Unveils Shocking Discovery: Over 80 Bodies Recovered from Kidnappers’ Den in Abia State Read More

Rivers State Governor Sim Fubara Defies Impeachment Threat, Challenges Opponents to Justify Allegations

Governor Addresses Crowd After Ally’s Removal, Pledges to Defend Rivers Residents Amidst Political Turmoil In a bold and defiant stance, Rivers State Governor Sim Fubara has declared his resistance against any unjustified attempt to impeach him. The governor, addressing a …

Rivers State Governor Sim Fubara Defies Impeachment Threat, Challenges Opponents to Justify Allegations Read More

Supreme Court Rejects Atiku’s Bid for Fresh Evidence, Justice Okoro Cites Jurisdictional Limits, Warns Against Returning to “Dark Old Days”

In a decisive ruling on Thursday, the Supreme Court thwarted former Vice President Atiku Abubakar’s endeavor to introduce fresh evidence aimed at nullifying the election of President Bola Tinubu. Justice John Inyang Okoro, chairing the 7-man panel, expressed concern that …

Supreme Court Rejects Atiku’s Bid for Fresh Evidence, Justice Okoro Cites Jurisdictional Limits, Warns Against Returning to “Dark Old Days” Read More