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Nigerians Threaten Fresh Protests Over Reopening Of Lekki Tollgate

Following the move to reopen the Lekki Tollgate, many Nigerians mostly youths, have taken to social media threatening to stage another protest. Youth representatives at the Lagos State Judicial Panel of Inquiry on Saturday had opposed the reopening of the Lekki toll gate arguing that reopening the toll-gate at this time would be hasty and premature. […]

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Nigerian Government planning to replace BVN with NIN – Minister

The Minister of Communications and Digital Economy, Dr Isa Pantami, has said the Federal Government plans to replace Bank Verification Numbers with the National Identity Numbers. The minister said this while briefing newsmen after a facility tour and inspection of the ongoing NIN enrolment exercise at NIMC and other designated centres in Abuja. He said […]

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Winners’ pastor jailed for stealing church’s $90,000, N4.5m

+ A Lagos State Special Offences Court in Ikeja has sentenced a pastor of the Living Faith Church, aka Winners’ Chapel, Afolabi Samuel, to three years’ imprisonment for stealing $90,000 and N4.5m belonging to the registered trustees of the church. Samuel, who is an accountant and the church’s treasurer, was arraigned before Justice Mojisola Dada […]

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Ebola resurfaces in DR Congo, nearly three months after last case

The Democratic Republic of Congo (DRC) has announced a new case of the Ebola virus, months after the outbreak was declared over in the Central African country. The DRC ministry of health announced on Sunday that the patient, who has since died, contracted the virus in Butembo, a city in North Kivu province. Butembo was […]

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2023: Only God Can Tell Who Will Become Nigeria’s President – Rotimi Amaechi

The Minister of Transportation, Rotimi Amaechi has dismissed suggestions that he is being touted as the country’s next president, noting that only God knows Nigeria’s next leader. Amaechi who was a guest on Channels Television’s Sunday Politics explained that he is focusing on his job as a minister and would not want to be distracted. “I am […]

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Cryptocurrencies breed illegal activities, raise risks – CBN

The Central Bank of Nigeria has said cryptocurrencies promote illegal activities and raise risks, among other reasons. It said this on Sunday in a statement regarding various comments and reactions following its recent reminder to Deposit Money Banks to desist from transacting in/and with entities dealing in cryptocurrencies. The CBN stated, “The recent regulatory directive […]

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Why CBN moved against cryptocurrency trading – Source

Trading in Cryptocurrencies is not backed by the Central Bank of Nigeria (CBN) Act which recognizes the naira as the only legal tender in the Nigerian financial system, an analyst has said. The CBN had on Friday, directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions to […]

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Nigerians are not preparing for God’s Kingdom — Obasanjo

Former President Olusegun Obasanjo has said developments and happenings in the country at the moment do not show that Nigerians are preparing for the Kingdom of God. This is just as it has been revealed how his intervention helped to preserve the tomb of the Founder of the Eternal Sacred Order of the Cherubim and Seraphim […]

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Indonesian village turns ‘red’ after flooding

A small Indonesian town briefly turned red after a dye factory was flooded Saturday causing the streets to flow with blood-red water. Pictures of motorcyclists zipping through the deluge just south of Central Java’s Pekalongan city soon flooded social media, where some users worried about them being shared out of context, Reuters reported. “I am […]

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Biden pledges cooperation with African countries

The United States President, Joe Biden, has pledged full cooperation with African countries in areas of shared interest. Mr Biden said his administration is committed to partnering with Africa in the areas of trade, commerce, security and health. In a video message he delivered Friday at the 34th virtual African Union Summit, the U.S. leader urged African leaders […]

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Atiku urges reversal of cryptocurrency policy in Nigeria

The former vice president, Atiku Abubakar, has called on the Central Bank of Nigeria to reverse its policy directing Nigerian banks to close all cryptocurrency‐related accounts and stop such transactions in the country. He said this in a statement he issued on Saturday. Mr Abubakar said the first challenge facing Nigeria is youth unemployment and that it is an emergency that needs […]

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Nigerian Government lifts ban on Emirates as UAE suspends rapid tests

The Federal Government has lifted the ban it earlier placed on Emirates Airlines. This is coming after the United Arab Emirates granted the carrier permission to withdraw the Rapid Antigen Testing done prior to the departure of Emirates flights from Nigeria, according to a letter by the Nigerian Civil Aviation Authority. Due to the development, […]

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CBN orders Nigerian banks to close cryptocurrency accounts

The Central Bank of Nigeria has directed banks in the country to close all cryptocurrency-related accounts. The bank said this in a statement on Friday. The regulator prohibited all financial institutions from facilitating crypto currency payments in the country. This directive is contained in a letter addressed to all Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs)and […]

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US endorses Okonjo-Iweala for WTO job

The United States government has announced its endorsement of former the Nigerian minister, Ngozi Okonjo-Iweala, to emerge as the director general of the World Trade Organization. The U.S. disclosed this in a statement by its office of trade representative. It became clear earlier on Friday that Mrs Okonjo-Iweala, a former finance minister and World Bank executive, […]

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World Bank approves $500m to boost Nigeria’s electricity sector

World Bank has approved $500 million to support Nigeria to improve its electricity distribution sector. The bank, in a statement on Friday, said that the project will help boost electricity access by improving the performance of the Electricity Distribution Companies (DISCOs) through a large scale metering program desired by Nigerians for a long time. It explained […]

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WHO disqualifies Nigeria from global vaccine bid

The World Health Organisation-led COVAX global initiative has failed to shortlist Nigeria for the Pfizer vaccines following the country’s inability to meet the standard requirement of being able to store the vaccines at the required -70 degrees Celsius. The Nigerian government had stated that it was expected to receive 100,000 doses through the COVAX initiative, […]

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Biden declares ‘America is back’ as he announces major foreign policy shifts

President Joe Biden announced “America is back” on Thursday and declared that “diplomacy is back at the center” of US foreign policy as he said the US will end all support for Saudi Arabia’s offensive operations in Yemen, one of several changes he announced in his first major foreign-policy speech since taking office. Biden’s announcement at the […]

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FG Alerts Nigerians Of Bird Flu Outbreak

The Federal Government yesterday said there was a resurgence of the highly pathogenic avian influenza in the country. Director, Veterinary and Pest Control Services, Federal Ministry of Agriculture and Rural Development, in a statement, cited a report from the National Veterinary Research Institute in Vom, Plateau State, received on January 29. He said all the […]

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