CBN lifts ban on cryptocurrency transactions, issues guidelines

The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions. This is according to a circular dated December 22, 2023, with reference number FPR/DIR/PUB/CIR/002/003, and signed by the apex bank’s Director, Financial Policy and Regulation Department, Haruna Mustafa. The … [Read more…]

INEC fixes Feb. 3 for rerun, bye-elections, unveils timetable

The Independent National Electoral Commission has approved the timetable and schedule of activities for conducting bye-elections resulting from the resignation or demise of members of the National and State Houses of Assembly. National Commissioner and Chairman Information Voter Education Committee, Sam Olumekun disclosed this in a statement issued Friday in Abuja. He said these vacancies … [Read more…]

Two Confirmed Dead As Two-Storey Building Collapses in Lagos, Search Continues For Survivors

Tragedy struck Friday morning in Lagos as a building collapse at 122 Herbert Macaulay Way, Ebute Meta, claimed the lives of two adults, one male and one female. Rescue efforts are currently underway, with hopes high for locating and saving any remaining survivors. The two-story building with a penthouse reportedly caved in around 9:00 am, … [Read more…]

CBN Investigator Indicts Embattled Emefiele For Embezzlement, Redesigning Naira Without Approval

After more than four months of investigation, the Special Investigator probing the Central Bank of Nigeria, Jim Obazee, says former CBN Governor Mr Godwin Emefiele and others embezzled billions of naira and committed other gross financial offences. According to a report by an online newspaper Premium Times, Obazee’s findings and recommendations were contained in a … [Read more…]

Yuletide: Gov. Nwifuru gifts Ebonyi workers N100,000 each

Gov. Francis Nwifuru of Ebonyi State has gifted each Ebonyi worker a Christmas gift of One Hundred Thousand Naira (N100,000.00). The governor announced this yesterday, Thursday, December 21, 2023 during the celebration of the Elderly Persons in the State in the spirit of the yuletide season, subsumed under the flagship programme of Sen. Remi. Tinubu, … [Read more…]

Protesters storm Rivers Govt House over Tinubu’s 8-point resolution between Fubara, Wike

Hundreds of protesters on Friday occupied the entrance gate of Government House in Port Harcourt on peaceful protest in support of the state Governor, Sir Siminilayi Fubara. The protesters, comprising students union, civil liberty organizations, Hausa community among others, as early as 7 am occupied the Government House main gate along Azikiwe road. Comrade Levi … [Read more…]

Enugu: Ejim’s Midas Touch in Nkanu West [OPINION]

By Ikechukwu Nwobodo For the past three years, I have not returned to my community, Amodu Okowo Awkunanaw, in Nkanu West LGA, especially during festive periods such as Easter, Christmas and New Year. My decision to stay away with my immediate family was borne out of the continous nefarious activities of unknown gunmen and other criminals, coupled … [Read more…]

Enugu Assembly passes N521.5bn 2024 appropriation bill into law

Enugu State House of Assembly, Thursday, passed the 2024 budget estimate, totalling N521,561,386,000 into law. Presenting the report after the screening of the budget estimate at the floor of the House, the Chairman, House Committee on Appropriation, Hon. Anthony Nwankwo, said the committee found the budget estimate flawless and urged the parliament to accept and … [Read more…]

Amaewhule-Led 26 Rivers Assembly Lawmakers Discontinue Impeachment Plans Against Gov Fubara

The 26 members of the Rivers State House of Assembly on Wednesday commenced sitting in Port Harcourt, the state capital. The lawmakers led by Martin Amaewhule convened at the House of Assembly quarters. The notice of withdrawal was contained in a letter signed by the 27 – although one of them was hospitalised and wasn’t … [Read more…]