The CEO of Binance, a prominent cryptocurrency platform, stated that individuals claiming to represent Nigerian officials demanded substantial cryptocurrency payments to resolve issues in the country. Richard Teng, the firm’s CEO, made these assertions in a blog post released on May 7. Teng explained that the request was communicated through a local firm hired by…
President Bola Tinubu has condoled with the National Security Adviser (NSA), Mallam Nuhu Ribadu, over the passing of his brother, Salihu Ahmadu Ribadu, who died on Sunday in Yola, Adamawa State. The President was represented by his Chief of Staff, Honourable Femi Gbajabiamila, who led a federal government delegation on a condolence visit to Yola,…
Two employees, Ebenezer Olusesi, 31, and Ibrahim Adeniyi, 41, of FoodCo’s Ring Road branch, appeared in court on Monday, accused of stealing two loaves of bread valued at N2,600 from their workplace. Olusesi, a baker, and Adeniyi, a security guard, both pleaded not guilty to the charge of theft. The prosecution, represented by Cpl. David…
Bayern Munich have placed Manchester United manager Erik ten Hag on a new list of possible successors to outgoing manager, Thomas Tuchel. According to Sky Sports, Bayern have contacted Ten Hag’s agent Kees Vos to enquire if the Dutchman would be open to taking over at the Allianz Arena. No formal talks…
Gunmen suspected to be kidnappers have reportedly killed one person and abducted seven other travellers along the Sagamu-Ijebu-Ode expressway. The gunmen armed with A.K 47 rifles and numbering up to seven waylaid and attacked the travellers in between the Ilisan, Ceplast industry and Iperu junction axis of the expressway on Friday, May 3, 2024.…
A High Court in Benin City, Edo State, on Monday, May 6, ordered the remand of Osasumwen Vincent at a correctional facility for allegedly raping an 11-year-old girl. Vincent was arraigned on a single count charge of rape to which he pleaded not guilty. Justice Efe Ikponmwonba adjourned the case until June 10 for further…
Nigerians have expressed their reactions on social media following the new directive from the Central Bank of Nigeria (CBN) instructing banks to impose a 0.5% cybersecurity levy on transactions. According to the CBN, the levies will be pooled and deposited into the Cybersecurity Fund held by the apex bank. In a circular dated May 6,…
In Kaduna State, the Kafanchan Upper Customary Court on Tuesday, April 30, ordered the remand of a 32-year-old businessman, Raphael Moses, in prison custody for allegedly defiling an eight-year-old girl. Presided over by Judge Michael Bawa, the court did not entertain Mr. Moses’ plea, directing instead that the case file be forwarded to the director…
During the trial at the Lagos High Court Sitting in Ikeja, the second prosecution witness, former Director of Information Technology of the Central Bank of Nigeria, John Ayoh, alleged that former CBN governor Godwin Emefiele accepted bribes before awarding contracts. Ayoh made this assertion on Monday, April 29, before Justice Rahman Oshodi. Under the guidance…
Governor Hope Uzodimma of Imo State has taken on the role of commissioner for lands in the state. This decision was revealed during the inauguration of 24 newly appointed commissioners at the Government House in Owerri on Tuesday, April 30. The governor stated that his decision to appoint himself as the commissioner for lands…
