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Cryptocurrency Exchanges Begin to Delist Naira from P2P Trading Platforms The Securities and Exchange Commission, SEC has disclosed that crypto exchanges have commenced the delisting of the Naira from Peer-to-Peer Trading platforms The Commission had last week in collaboration with the Office of the National Security Adviser directed digital operators to delist the Naira from […]

Even by the rock-bottom standards of the 118th Congress, Thursday night’s three-hour voting session of the House Oversight Committee was perhaps a new low. There was shouting and chaos. There were insults about eyelashes, hair dye and body composition. It was behavior that would get most elementary school kids suspended. The members of the Republican-led […]

Disturbing footage published by CNN Friday appears to show Sean “Diddy” Combs viciously assaulting singer Cassie Ventura at a Los Angeles hotel in 2016. While The Washington Post could not independently verify the video, CNN and Ventura’s attorney said it confirms allegations she made against the embattled hip-hop mogul in a now-settled lawsuit. “The gut-wrenching […]

A Federal High Court in Lagos on Friday reserved judgment until June 3 in the money laundering charge against a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji. Justice Mohammed Liman gave the date after prosecution and defence counsel adopted their written addresses during a virtual court hearing (Zoom). Ikuforiji is charged […]

The Anambra State governor, Prof Chukwuma Soludo, has described allegations by the president of the Nigerian Labour Congress, NLC, Comrade Joe Ajaero, that he was inciting other governors against accepting N70,000 minimum wage as false. Comrade Ajaero made the accusation during an interview on national TV. In a press statement by his Press Secretary, Mr […]

President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa CEO Forum in Kigali, Rwanda, Dangote emphasised that recent trends underscore Africa’s pivotal role as […]

Vice President Kashim Shettima has said for Nigeria to reach its full potential, every Nigerian must thrive, saying the nation’s human capital remains its greatest assets. Vice President Shettima stated this on Friday while inaugurating the revamped National Economic Council (NEC) Human Capital Development (HCD) Steering Committee, stating that working for a healthy, educated, and […]

The Minister of Women Affairs Uju Kennedy-Ohanenye says the lawsuit challenging the proposed mass marriage of 100 orphaned girls in Niger State has not been withdrawn. “The case is not yet withdrawn. I want to make that clear. How do I withdraw a case in a day?” the minister said on Friday’s edition of Channels […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided clarification regarding the recent fire incident at a tank farm in Marine Beach, Apapa, Lagos. In a statement released by Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company confirmed that the affected Depot belonged to HOGL Energy Ltd. (Honeywell Depot) and […]

The National Judicial Council (NJC), under the leadership of Hon. Justice Olukayode Ariwoola, GCON, has issued warning letters to three judges and barred them from elevation to higher benches for a specified period. The decision was reached during the Council’s 105th Meeting held on May 15 and 16, 2024. According to a statement released by […]

*Affirms Its Unity, Rejects Illegal Abuja Group The Body of Senior Advocates of Nigeria (BOSAN) has issued a public notice to address the recent activities of a group operating under the name “Body of Senior Advocates of Nigeria, Abuja” or “Senior Advocates Practising in Abuja.” The notice, signed by Professor Alfred Bandele Kasunmu, SAN, the […]

Abbey Mortgage Bank Cleared of Insider Trading Allegations Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange’s X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange (NGX) has decided not to enforce any penalties against the […]