The Nigerian government has imposed a colossal $10 billion fine on Binance, a prominent cryptocurrency trading platform, citing its alleged role in exacerbating the country's ongoing foreign exchange crisis. Bayo Onanuga, the Special Adviser on Information and Strategy to President Bola Tinubu...
Governor Alex Otti of Abia State has attributed the continuous depreciation of the naira to the excessive printing of money by the Federal Government, estimating the total printed money to be close to N30 trillion.
In an interview on Channels Television's Politics Today, Otti expressed concern...
The Minister of Steel Development, Shuaibu Audu, unveiled the estimated cost of reviving Nigeria's Ajaokuta steel mill, ranging between $2 billion to $5 billion. During a visit to the Governor of Plateau state as part of a National Metallurgical Development Centre (NMDC) tour, the Minister...
President Bola Tinubu stirred the pot during the inauguration of Lagos's Red Line Rail, aiming at labor unions just days after their nationwide protest. Tinubu, addressing the NLC, NUC, and TUC, criticized their early strikes, saying, "Wait until 2027 if you want to participate in elections...
President Bola Tinubu officially kickstarted the Lagos Rail Mass Transit (LRMT) Red Line project's first phase at the Ikeja Train Station on Thursday. The ceremony saw the attendance of prominent figures, including Governor Babajide Sanwo-Olu, Minister of Transportation Saidu Alkali, state...
President Bola Tinubu is set to embark on a significant two-day official visit to the State of Qatar, responding to an invitation from His Highness, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar.
The journey, scheduled to commence on Thursday, February 29, 2024, holds the promise of...
The Office of the National Security Adviser is set to extend its investigation into cryptocurrency operations by summoning executives from various platforms in Nigeria. This development follows the recent detention of two senior Binance executives, revealed by the Financial Times. Sources...
President Bola Tinubu has appealed for patience from Nigerians in the face of the current economic hardships, asserting that the nation will overcome these challenges.
During his visit to the leader of the pan-Yoruba sociopolitical organization, Afenifere, Tinubu acknowledged his...
Amidst growing concerns over the impact of cryptocurrency trading on Nigeria's economy, Presidential spokesman Bayo Onanuga has issued a stern warning against the popular exchange platform Binance, alleging its potential to dismantle the country's financial stability.
Speaking on a televised...
President Bola Tinubu's arrival in Lagos ahead of the red line train inauguration signals a pivotal moment for the state's transportation landscape. Greeted by Governor Babajide Sanwo-Olu and other officials at Murtala Muhammed Airport, the event is slated for Thursday.
Lagos Commissioner for...
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