Binance discontinues services in Naira, faces allegations of terrorism financing, money laundering, et al

Global company, Binance Holdings Ltd., branded Binance, a Cryptocurrency exchange concern, has announced plans to discontinue all services related to the Nigerian naira. The cryptocurrency exchange platform, Binance, was accused of exploiting the Nigerian currency, the Naira, leading to its free fall in value in recent time. The company is, in addition, facing allegations of terrorism […]

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Bank of Ghana suspends Nigeria’s GTB, First Bank’s forex licences

Bank of Ghana (BG) has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited. The suspension, which will take effect from March 18, 2024, for one month, was announced in a statement, on Monday, by the Ghanaian apex bank. That measure comes in response to […]

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Man nabbed for allegedly poisoning his wife so as to inherit her properties

Police operatives in Jigawa State, Nigeria, have apprehended a 40-year-old man identified as Habu Ibrahim over alleged plans to poison his wife in Danadama village, Sule Tankarkar LGA. Revealing this to newsmen, the State Commissioner of Police, CP A. T. Abdullahi, in a statement released, said the suspect was arrested for allegedly lacing a drink […]

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Retired Colonel, others nabbed by police for allegedly printing fake currencies in Nigeria

A syndicate which specialized in printing fake Nigerian and Cameroonian currencies has been smashed by the Zone 2 Command, with the recovery of fake N9 million and 300 million CFA notes in Lagos. According to Vanguard, four suspected members of the syndicate are a couple Oludare Olamilekan, 50. his wife Oluwayemisi, 46; Ilelabayo Johnson, 62, […]

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Gospel singer, Moses Bliss and wife Marie Wiseborn’s wedding package, decor dazzle their guests (Photos & videos)

Well-wishers, wedding guests and the online viewers have been left enthralled by Nigerian gospel singer Moses Bliss and his wife Marie Wiseborn’s lavish wedding. The couple had their church wedding and reception on Saturday, March 2. More photos below and stunning videos far below: View this post on Instagram A post shared by 𝐌𝐨𝐬𝐞𝐬 𝐁𝐥𝐢𝐬𝐬 […]

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US slams sanctions on Zimbabwe’s president, other officials

United States on Monday imposed sanctions on Zimbabwean President Emmerson Mnangagwa and other senior leaders, denouncing what it said was a campaign of rights abuses and corruption. The sanctions, which will block any US-based property and block any unofficial travel to the United States, replace a broader, two-decade-old sanctions programme against Zimbabwe. “The changes we […]

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Kumuyi, Tortoise and looters of noodles, By Lasisi Olagunju

Wise old Tortoise sat his children down. “My dear ones, two things are essential for your growth and wellbeing in life: Always tell the truth, and never ever take whatever is not yours.” The attentive children nodded; they promised to do as their father counseled. They bowed before their dad and left. Four years down […]

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Step-by-step guide to linking mobile phone numbers to NIN in Nigeria

No fewer than 40 million telephone lines were barred by telecommunication operators over the weekend following the expiration of the February 28, 2024 deadline issued by the Nigerian Communications Commission (NCC) mandating telecom consumers to link their Subscriber Identity Modules to their National Identity Numbers (NIN). This represents a 28 million increase from the 12 […]

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Edo gov, Obaseki faults CBN’s new monetary policy

As he spoke against frivolous Naira printing during the Buhari administration, the Governor of Edo State, Mr. Godwin Obaseki, has again faulted the Central Bank of Nigeria for (CBN) raising the Monetary Policy Rate by 22.75 per cent. Obaseki contended that the decision is not the answer to the ongoing economic challenges in the country. […]

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Residents of Federal Capital Territory loot NEMA warehouse

Some residents of the Federal Capital Territory (FCT) on Sunday looted a warehouse reportedly belonging to the National Emergency Management Agency over the current economic hardship across the country. It was learnt that the warehouse is situated in the Phase 3 Region of the FCT area of Abuja. The voice of a man who was […]

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Tinubu and the Scarcity of Optimism, By Chidi Amuta

In  more  sensible places, President Tinubu’s job approval rating is so woeful that he should have been job hunting by now. In the United Kingdom, the opposition would have called for snap elections to test his popularity and probably throw him out of 10 Downing. In the United States, his party faithful would have been so embarrassed […]

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See full list of the 4,173 BDC operators whose licences were revoked by the CBN

Central Bank of Nigeria (CBN) on Friday revoked the licenses of 4,173 Bureaux De Change (BDC) Operators, accusing the affected institutions of failing to observe regulatory provisions. The move is part of efforts to restore confidence in the nation’s foreign exchange market, according to the apex bank. See below the full list of the affected […]

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CBN revokes 4,173 Bureau De Change operators’ licences

Central Bank of Nigeria (CBN), on Friday, revoked the licences of 4,173 Bureau De Change operators over their failure to meet regulatory guidelines. The apex bank disclosed this in a statement by its acting Director, Corporate Communications, Sidi Hakama. This means there will now be 1,517 operational BDCs from the initial 5,690. In the CBN […]

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ECOWAS spent over $1million on 2023 Nigerian elections ―ECOWAS Commission

At the maiden weekly press briefing of the ECOWAS Commission in Abuja, Nigeria, on Wednesday, President of the ECOWAS Commission, Dr. Omar Alieu Touray, said the regional bloc spent over a million dollars to support the conduct of Nigeria’s 2023 general elections. He said: “ECOWAS is one of the major partners of ECOWAS member states […]

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BBNaija star, Queen formally engaged (Photos)

BBNaija star, Queen Mercy Atang, too to her Instagram page today, February 28, to announce her wedding engagement. Sharing a photo of her fiance David, a cellular pathologist, the mum-of-one wrote: “God acted according to his timing. I’ve consistently prayed for guidance in building a loving family, fulfilling roles as a wife, mother, and follower […]

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