archiveSeptember 2, 2024

    Nigerian entrepreneur Dozy Mmobuosi has been ordered to pay over $250 million in fines after a fraud case brought by the US Securities and Exchange Commission (SEC). The ruling represents a significant fall for the fintech executive, who gained attention last year with his attempt to acquire Sheffield...

  Coalition of United Political Parties (CUPP) has flayed President Bola Ahmed Tinubu’s administration over the current fuel scarcity nationwide, which it described as as artificially induced, declaring that the president is sleeping whilst the country is on fire and offering no solutions for the problems his regime had created...

  The Nigeria Police have placed a N20 million bounty on a British national, Andrew Wynne, and a Nigerian, Lucky Ehims, who were declared wanted on Monday for allegedly attempting to overthrow President Bola Tinubu. In a statement on Monday afternoon, the police said a reward sum of N10,000,000 awaits...

  Court to rule on bail application Wednesday Tigran Gambaryan, a detained Binance executive at the Federal High Court in Abuja on Monday filed a fresh bail application on medical grounds. The Economic and Financial Crimes Commission (EFCC) however opposed the application, insisting that Gambaryan’s health condition was not serious...

The Abuja Division of the Federal High Court has ordered the remand of 10 #EndBadGovernance protesters charged with treason in the Kuje Correctional Centre. Justice Emeka Nwite gave the order after counsel for the defendants prayed the court to grant the defendants bail as they were innocent until proven guilty...

  The Coalition of Indigenous Middle Belt Organizations (CIMBO) has demanded for the restructuring of Nigeria in line with the recommendation of the 2014 National Conference. The coalition made the demand in a communique signed by Timothy Barau Gandu, its Chairman and Prof. E.O. Ejeikwu, the Secretary at the end...

Chris Oyakhilome, president and founder of Loveworld Incorporated, better known as Christ Embassy, has described democracy as a “dictatorship of the majority”. Speaking at the Church’s communion service on Sunday, the pastor said democracy sidelines the minority. He added that the United States is not a democratic state but a...

The Transmission Company of Nigeria (TCN), says it has capacity to transmit 6,000 MWS of electricity to distribution load centres nationwide. Mr Sule Abdulaziz, the Managing Director of TCN said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. Abdulaziz said that in the...

The Federal Capital Territory (FCT) Police Command has unveiled the identities of the officers that were murdered by members of the Islamic Movement of Nigeria (IMN) popularly known as Shi’ites. It would be recalled that the officers were killed when the Islamic group launched an unprovoked attack on policemen stationed...

Nigerian Exchange Limited (NGX) and the University of Maiduguri (UNIMAID) have signed a Memorandum of Understanding (MoU) to bridge the gap between academic research and industry practice. This strategic collaboration aims to foster innovation, enrich learning, and promote sustainable development within the capital market sector. The MoU signing ceremony, attended...