March 2024
Binance Quits Nigeria, To Stop Naira Services March 8
Binance, a cryptocurrency trading platform, has said that it will discontinue all Naira services by March 8, 2024. This is coming on the heels of the recent clampdown on its operations and officials by Nigerian regulators. Recall that the special adviser on Information & Strategy to President Bola Tinubu, Mr Bayo Onanuga, had urged the […]
Reps summon agric, blue economy ministers, allege fraudulent concessions
The House of Representatives has summoned the Minister of Blue Economy Gboyega Oyetola, and his transportation counterpart, Saidu Alkali, over alleged fraudulent concession of some ports’ infrastructure. Also invited for questioning are the Managing Director, Nigeria Ports Authority, Mohammed Koko, the Director General of the Bureau of Public Enterprise, Mamman Ahmadu as well as the […]
Bitcoin Hits All-Time High After Collapse Of Crypto Exchange, FTX Trading Ltd
According to CoinMarketCap, the world’s largest cryptocurrency briefly surpassed $68,800 on Tuesday, which is just above Bitcoin’s previous record set back in November 2021. Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX Trading Limited severely damaged faith in digital currencies and sent prices plunging. According […]
Again, court adjourns Nnamdi Kanu’s N1bn suit against FG, DSS
A Federal High Court, Abuja, on Monday, again adjourned a fresh N1 billion suit filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB), against the Federal Government until March 18 for hearing. Justice James Omotosho had on January 8 fixed the hearing for today when no lawyer represented Kanu in court. […]
EU hits Apple with €1.8bn antitrust fine
The EU on Monday hit Apple with €1.8 billion fine ($1.9 billion). This was for violating the bloc’s laws by preventing music streaming services from informing users about subscription options outside of its App Store. “The Commission found that Apple applied restrictions on app developers. This prevented them from informing iOS users about alternative and […]
NEMA denies looting of its warehouse in Abuja
The National Emergency Management Agency (NEMA) has refuted claims making rounds by certain groups that its warehouse in Abuja was ransacked by hoodlums on Sunday. Manzo Ezekiel, the spokesperson for NEMA, clarified in a statement on Sunday that the warehouse that was looted does not belong to the agency, although he expressed sympathy for the […]
SERAP sues Tinubu over failure to probe missing $3.4 billion IMF loan
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to probe the grim allegations that $3.4 billion loan obtained by Nigeria from the International Monetary Fund (IMF) to finance the budget and respond to COVID-19 is missing, diverted or unaccounted for.” The allegations are contained in the recently published 2020 […]
BREAKING: Residents Invade NEMA Warehouse In Nigeria’s Capital, Loot Foodstuffs, Others Amid Hardship
Some residents of the Federal Capital Territory have raided and plundered a warehouse belonging to the National Emergency Management Agency of Nigeria (NEMA). SaharaReporters learnt that the warehouse was raided on Sunday morning. The warehouse is located in Karimo, Phase 3 Region of the FCT, Abuja. SaharaReporters gathered that the residents carted away foodstuffs and […]
Eguavoen named Super Eagles Interim Coach- Report
Super Eagles technical director, Augustine Eguavoen, has reportedly been appointed Super Eagles interim coach following the departure of Portuguese tactician Jose Peseiro. Peseiro resigned from his role as the head coach of the Super Eagles after guiding the three-time African champions to the final of the 2023 Africa Cup of Nations (AFCON). The 63-year-old’s contract […]
Tinubu appoints Executive Directors for TCN
President Bola Tinubu on Friday appointed new Executive Directors for the Transmission Company of Nigeria (TCN) for a renewable term of four years. This is contained in a statement issued by presidential spokesman, Ajuri Ngelale. Ngelale said the move was part of Tinubu’s diligent efforts to substantially enhance the quality and quantity of electric power […]