Author: Yetunde Ogunmola
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Binance Ceases Operations in Nigeria
Binance, a global cryptocurrency exchange, has decided to exit the Nigerian market. Effective March 8, 8:00 a.m. UTC, Binance will automatically convert naira balances to USDT (Tether), a stablecoin pegged to the US dollar. The decision follows the cessation of support for naira deposits after 14:00 UTC today, with withdrawals set…
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Breaking: Power outage hits Senate chambers
By Our Correspondent The Nigerian Senate chambers is currently grappling with a power outage. The blackout has caused a halt in the commencement of today’s legislative activities. Senators have been left waiting as electricity supply was disrupted due to a technical glitch. The outage occurred as lawmakers gathered for the…
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Wike To Appoint 9 Permanent Secretaries
By Our Correspondent The Minister of the Federal Capital Territory (FCT), Nyesom Wike, announced on Monday that preparations had been finalized for the appointment of nine permanent secretaries to oversee the nine secretariats of the FCT Administration. Wike disclosed this in Abuja yesterday during a press briefing following an inspection of…
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Enugu Govt shuts down ShopRite
By Our Correspondent ShopRite and SPAR in Enugu have been closed by the State Government due to alleged failure to remit purchase tax in their malls, despite multiple warning notices. The State Internal Revenue Service enforcement team carried out the sealing, also closing other establishments like Roban and Mama Onyinye restaurant. According to Egwuonwu Perpetual,…
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Obasanjo advocates dialogue in resolving Africa conflicts
Former President Olusegun Obasanjo has restated that dialogue and not any form of violence would help resolve various conflicts in Africa. Mr Obasanjo stated this on Monday in Abeokuta at a Youth leadership symposium with the theme “Opportunities for Peace: Roles of The Youths in Conflict Prevention in Africa” He said that efforts to…
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IGP Issues Order on POS, Mobile Transactions at police stations
By Miracle Ogunde Following public outcry on alleged illegal and illicit transactions through ‘point-of-sale’ machine operators and connivance with certain police operatives, the Inspector General of Police, Kayode Egbetokun, has placed ban on the use of Point-of-Sale terminal machines, and other mobile money transaction devices within police stations and other police facilities…
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EFCC Indicts Banks of Financial Crimes
By Miracle Ogunde The Chairman of the Economic and Financial Crimes Commission, (EFCC), Ola Okukayode, has accused the banking sector of increasingly becoming a cesspool of fraudulent activities, saying this has been raising considerable challenges and concerns to the commission. The EFCC’s Chairman, disclosed this on Monday, while speaking in Abuja…
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‘Face Your Challenges, Don’t Contemplate Suicide’, Obasanjo to Youths
By Miracle Ogunde Former Nigeria President, Olusegun Obasanjo, has advised youths to face their life challenges and find ways out instead of commiting suicide. The former president who spoke on Monday, warned the Nigerian youth against committing suicide as an escape route to their problems. Speaking at a youth leadership…
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Court Jails Seven Internet Fraudsters in Ogun, Oyo
The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of seven internet fraudsters to various jail terms. The convicts: Adio Peter Olakunle, Adebanjo Oluwafemi Samuel, Ezekiel Papi Kolawole, Lukman Olakunle Alabi, Sakiru Olamilekan Usman, Godwin Moses Abaka and Amosu Oladele Gbenon were arraigned on…
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Court Jails Three Fraudsters for Currency Racketeering in Ilorin
Justice Evelyn Anyadike of the Federal High Court in Ilorin has convicted and sentenced three currency racketeers to various jail terms for selling new naira notes to the public for commercial purposes. The convicts are: Asmau Sallah Wuraola, Owoduni Abdullahi Isa (a.k.a Bolaji) and Shuaibu Rukayat. They were jailed…
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Man lands in court for stealing cameras worth N6.2 million
By: Ade Phillips Eromosere Ikpefan, aged 24, stood trial at the Ejigbo Magistrates’ Court in Lagos on Monday, accused of stealing two cameras valued at N6.2 million. The defendant, whose residential address was not disclosed, pleaded not guilty to the charges of theft leveled against him by the police. According to the prosecutor, ASP…
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2023 African Games: Flying Eagles Coach Unveils 20-man Squad
By Miracle Ogunde Ahead of the 13th All African Games taking place in Accra, Ghana, Flying Eagles head coach, Ladan Bosso, has unveiled a 20-man Squad list for the tournament. Some of the notable players in the squad are: Captain Daniel Bameyi, midfielder Daniel Daga and goalkeeper Nathaniel Nwosu. The Flying…