The Office of the National Security Adviser has said the Federal Government is investigating the operations of Binance, a cryptocurrency exchange company. Financial Times had on Wednesday reported that two executives of the company were arrested and detained by the Nigerian government. The international news platform stated that the executives flew into the country last…
The Federal Government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due to the indebtedness of…
The House of Representatives, on Thursday, described the 2012 Steve Oronsaye Report as outdated and called on President Bola Tinubu to thoroughly review it before going ahead to implement the same. The House, therefore, raised a 23-man committee chaired by House Leader, Julius Ihonvbere, to recommend appropriate measures to mitigate the likely fallout of the…
The Nigeria Customs Service Area Controller, Oyo/Osun Area Command, Dr Ben Oramalugo, said the command intercepted fake pharmaceuticals comprising Augmentin tablets, Ampiclox and Amoxycillin capsules concealed in 53 sacks with a Duty Paid Value of N1,739,000,000.00. Oramalugo made the disclosure on Thursday at the 2024 second press conference which held at the operational headquarters of…
Operatives of the Nigerian Army in collaboration with a hybrid force and Civilian Joint Task Force invaded terrorists’ hideouts in Timbuktu triangle in the Lake Chad Region, killing three. The operation also led to the recovery of a machine gun, a mine-resistant ambush-protected vehicle, a gun truck mounted with an anti-aircraft gun, and a cache…
Portuguese manager, Jose Peseiro, has confirmed his exit as manager of the Super Eagles after his contract officially expired on Thursday. Peseiro who led the Eagles to a second-place finish at the 2023 African Cup of Nations, on Friday, said he was fulfilled coaching the West African nation. “Yesterday, we concluded our contract with the…
The Lagos Rail Mass Transit System is a significant development in Lagos State, Nigeria, with both the Blue Line (already operational) and the upcoming Red Line Rail, to be launched by President Bola Ahmed Tinubu. Let’s explore how these rail projects contribute productively to the environment. The Lagos Rail projects will no doubt help in…
he crisis in the Peoples Democratic Party (PDP) took a dramatic twist on Wednesday as Edo State Deputy Governor, Philip Shaibu, stormed the party secretariat in Abuja, demanding a Certificate of Return for winning Edo PDP gubernatorial primary election. Shaibu emerged the standard bearer for the upcoming September 21 Edo governorship elections at a parallel…
President Bola Ahmed Tinubu on Wednesday visited Ondo State where he paid a condolence visit to the home of late former governor of the state, Arakunrin Oluwarotimi Akeredolu in Owo Town, the palace of the Olowo of Owo and the home of Afenifere leader, Pa Reuben Fasoranti in Akure… See images here as compiled from online sources by Olufemi…
“To this end, the National Communication Commission has directed all telecommunication operators to bar phone lines of subscribers whose lines are not linked to their NINs on or before February 28, 2024,” The Nigerian Communications Commission has reiterated its directive to telecom operators to bar telephone subscribers not linked to their National Identification Numbers on…
