Nigeria's Securities and Exchange Commission (SEC) has proposed significant amendments to the regulations governing platforms offering cryptocurrency services.
The suggested changes include a substantial increase in the registration fee for crypto exchanges from 30 million naira ($18,620) to...
Three Nigerian nationals have been sentenced to a combined total of 11 years in prison by the Portsmouth Crown Court in the UK for their involvement in defrauding major phone companies of over £400,000.
The organized crime group targeted companies including Vodafone, EE, O2, and the Carphone...
Mele Kyari, the head of the Nigerian National Petroleum Corporation (NNPC), made a significant announcement regarding Nigeria's energy future. Speaking at an event in Abuja, Kyari declared that Nigeria would cease importing petrol by the end of the year. This bold move is part of a larger...
Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), asserted that everyone is implicated in crude oil theft within Nigeria.
Speaking during an oversight function with the House of Representatives Special Committee on Oil Theft, Kyari revealed...
The First Lady of Nigeria, Senator Oluremi Tinubu, has passionately urged state governors and lawmakers to enforce capital punishment for kidnappers. During a meeting with the National Women Leaders of the All Progressives Congress (APC) in Abuja, Tinubu expressed her deep concern over the...
The Nigerian Federal Government has issued a response to former Vice President Peter Obi's statement regarding Ukraine's donation of 25,000 tons of wheat to Nigeria. While Obi commended Ukraine's generosity, he raised concerns about Nigeria's reliance on foreign aid despite being a nation rich...
Nigerians express outrage over the misinformation spread by Bayo Onanuga, President Tinubu's spokesperson, regarding the alleged removal of the UAE visa ban.
Nigerians condemn the irresponsible act, accusing Onanuga of misleading the public and damaging the credibility of the government. One...
Over the past 50 years, Nigeria's commercial aviation landscape has witnessed the rise and fall of over three dozen airlines, marked by factors like politics and financial mismanagement. Notable ones include Afrijet Airlines (1998-2009), Freedom Air Services (operated domestically and within...
Boss Mustapha Z. shared his sentiments on the recent actions of National Security Adviser Malam Nuhu Ribadu against Binance executives on X app. Mustapha applauded the bold move, highlighting Binance's alleged involvement in terrorism funding, money laundering, tax evasion, currency speculation...
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...
Peter Obi, a prominent figure from the Labour Party, has criticized President Bola Tinubu's leadership, stating that Nigeria is now united by hunger and starvation. Obi emphasized the need for the government to prioritize investing in agriculture to address the crisis.
Nigerians in Lagos...
Nigeria has agreed to reinstate electricity supply to Niger Republic following the lifting of sanctions by the Economic Community of West African States (ECOWAS). The decision to restore power comes in the wake of an extraordinary summit held in Abuja, where ECOWAS resolved to lift sanctions...
In a viral video, a young woman faced harassment from a group of men at a bus park over her outfit. The men demanded she change, poured water on her, and taunted her. Despite the woman's resistance, the crowd around grew, and she eventually left on a bike.
The incident highlights concerns about...
In a swift response to former Vice President Atiku Abubakar's criticisms, the Nigerian Presidency stated on Sunday, accusing Atiku of distorting facts surrounding the foreign exchange policy of the Tinubu administration. The Special Adviser to the President on Information and Strategy, Bayo...
In a bid to combat mismanagement and ensure the efficient utilization of student loans, the Nigerian Education Loan Fund (NELF) has announced a significant policy overhaul. Akin Sawyerr, the Executive Secretary of NELF, unveiled plans to revolutionize the disbursement process, aiming to channel...
he Pan-Yoruba socio-political group, Afenifere, has attributed Nigeria's current economic challenges to the former President Muhammadu Buhari's administration, absolving President Bola Tinubu of blame. In a statement signed by the group's Publicity and Organising Secretaries, Jare Ajayi and Kole...
Fulani Christian convert Evangelist Musa sparks outrage in Nigeria after being unlawfully detained, with his bodyguard killed. The #FreeEvangelistMusa campaign gains momentum on social media as Nigerians demand justice and raise awareness about religious persecution. Calls for urgent...
In response to escalating security challenges, the Federal Government and state governors are considering the creation of state police. The discussions, initiated during a meeting between President Bola Tinubu and governors, signify a significant shift in addressing issues like kidnapping and...
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Dangote Refinery is set to import crude oil from the United States, a groundbreaking departure from its traditional reliance on Nigerian feedstock. According to reports from Bloomberg, traders familiar with the matter revealed that Trafigura Group has secured a deal to supply 2 million barrels...
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