The Central Bank of Nigeria has explained why it banned cryptocurrency-related transactions in the country. The apex bank in a statement released on Sunday February 7, said cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small arms and light weapons, and tax evasion. Daily Trust reported that…
There are speculations of petrol price hitting N190 amid concerns over the non-implementation of the full deregulation of the downstream petroleum sector. Top officials of two major marketers’ associations who spoke to Punch, said the continued increase in oil prices had brought back petrol subsidy as the pump price of petrol should be between N185…
Diddy is taking his former clothing company, Sean John to court for using his image, likeness, and persona without his permission. The Hip Hop mogul has filed a $25 million lawsuit against his former clothing brand, Sean John, and the company’s new owner Global Brand Groups USA, according to All Hip Hop. According to a complaint…
Former US President, Donald Trump has been banned from ever rejoining the Screen Actors Guild—American Federation of Television and Radio Artists. This came after SAG-AFTRA President Gabrielle Carteris and the national board approved a disciplinary hearing against Trump which was held on Saturday February 6. This resulted in Trump being barred from rejoining the union because of the way he…
506 new cases of Coronavirus were recorded in Nigeria on Sunday February 7, as announced by the Nigeria Centre for Disease Control. The health agency gave a breakdown of the new cases across states as follows; Ondo-90, Kwara-89, Rivers-53, Borno-45, Gombe-32, FCT-28, Imo-26, Ogun-25, Lagos-22, Kaduna-14, Kano-14, Edo-13, Osun-11, Cross River-10, Yobe-9, Ekiti-7, Kebbi-6, Nasarawa-6, Oyo-5,…
Manchester city top the English Premier league table with with 50 points after beating Liverpool 4-1 at Anfield on Sunday night, February 7. City top their neighbors Manchester United, by 5 points and still have a game in hand, after United struggled against Everton during the 3-3 draw over the weekend. Leicester city are…
The Kano State Police Command has arrested two suspects in connection with the brutal murder of a vigilante in Bebeji Local Government Area of the State. Spokesperson of the command, DSP Abdullahi Haruna Kiyawa, who disclosed this in a statement on Friday, February 5, said the culprits killed Ibrahim Shuaib and made away with…
The Civil Liberties Organization has berated AMCON for failing to obey court orders on an ongoing case involving the agency and Peace Global Satellite Communications Limited. The Human Rights Organization made this disclosure in Lagos today during a press conference. The organization stated below its findings after a thorough investigation of the dispute…
Suspected bandits have killed at least nineteen persons and injured several others during two separate attacks in Birnin Gwari and Kajuru Local Government areas of Kaduna State. Confirming the incident, the Kaduna State Commissioner for internal Security and Home Affairs, Samuel Aruwan, in a statement released, said fourteen persons were killed on Saturday February 6 by…
The Federal Government has lifted the ban it placed on Emirates Airlines. The airline was barred from lifting passengers from Nigeria after the United Arab Emirates made it mandatory for such passengers to carry out Rapid Antigen Testing in laboratories that are not approved or authorized by the appropriate regulatory bodies. The UAE has now withdrawn the Rapid Antigen Testing requirements…
