US-Africa Business Summit: Oyebanji Showcases Ekiti Investment Opportunities

In an effort to bring international investors to Ekiti State, Governor Biodun Oyebanji has showcased Ekiti State investment opportunities to the global arena during the 2024 US- Africa Business Summit. A press release by the media office of the Governor on Wednesday noted that Oyebanji took time to put Ekiti development on the global stage on Tuesday night as he highlighted investment opportunities in the state during his first presentation at the opening session of...

Air Force Chief Cautions Against Encroachment On NAF Lands

Air Marshal Hassan Abubakar, the Chief of the Air Staff (CAS) has warned institutions and communities located around Nigerian Air Force (NAF) bases nationwide to desist from illegal and wanton encroachment on NAF lands in view of its consequences on national security. Abubakar disclosed this while on a visit to the Governor of Benue State, Reverend Father (Dr) Hyacinth Alia at Government House, Makurdi to discuss issues related to encroachment on NAF land by neighbouring...

Binance False Claim On Bribery Is Diversionary -FG

The Federal Government (FG) has stated that it is aware of attempts by Binance Chief Executive Officer, Richard Teng to launder its impaired image, stressing that the bribery allegations against unidentified Nigerian government officials is diversionary. A press statement on Thursday signed by Rabiu Ibrahim, Special Assistant to the Minister of Information and National Orientation, stated that the Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an...

Obi Berates Tinubu Over Introduction Of ‘Cyber-Security Levy’

The Labour Party (LP) presidential candidate in the 2023 general elections, Peter Obi has berated President Bola Tinubu’s government for imposing ”Cyber-Security Levy’ on Nigerians despite prevailing economic hardship. Obi disclosed this on Wednesday via a post on his X handle, and wondered when the office of the National Security Adviser (NSA) became a revenue centre. The former Governor of Anambra State accused the government of milking a dying economy instead of nurturing it to...

CBN Mandates 0.5% Cybersecurity Levy on Banks

…Lists 16 Transactions Exempted from Charge Nigerian banks are set to implement a new levy on electronic transactions following a directive issued by the Central Bank of Nigeria, CBN, on Monday. This levy, amounting to 0.5% of the transaction value, is specifically designated for cybersecurity purposes. The CBN circular, addressed to all deposit money banks, non-interest banks, payment service banks, and other financial institutions, cites the recently enacted Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024....

Nigerian Army Reports the Killing of Imo State IPOB/ESN Commander, Ojoto 

…Simon Ekpa discredits the report Nigerian troops, in a joint operation with other security agencies, have successfully neutralised a prominent terrorist figure, Tochukwu alias Ojoto, alongside two other militants of the Indigenous People of Biafra’s, IPOB, Eastern Security Network, ESN. The operation unfolded on Tuesday within the Ihiteukwa area of Imo state, situated near the border with Anambra state. A statement issued by the Nigerian Army, NA, confirmed the details. According to the military, Ojoto,...

Lawmaker Pushes for Foreign Mercenaries as Fight Against Terror Groups Intensifies

A Nigerian lawmaker has reignited the debate on foreign intervention in the fight against Boko Haram insurgency and banditry by urging the federal government to consider hiring foreign mercenaries. This proposal comes amid ongoing frustration over the continued violence by the terror groups. The lawmaker representing the Chibok/Domboa/Gwoza federal constituency of Borno State, Ahmed Jaha, made the suggestion on Tuesday following the killing of one Onumegbu Ifeanyi, a civil servant in Abia, by a naval...

Rivers Crisis: APC Asks Rivers Assembly To Impeach Fubara

As the political crisis rocking Rivers State deepens, the All Progressives Congress (APC) in the State has asked the State House of Assembly to resume impeachment proceedings against Governor Siminalayi Fubara. The pro-Wike 27 lawmakers of the Rivers State House of Assembly led by Rt. Hon. Martin Amaehwule, were issued the marching orders on Tuesday by the Caretaker Committee Chairman of the APC in the State, Chief Tony Okocha. Okocha, while briefing journalists in Port...

Nigerian Woman To Become First African To Ride Motorbike From Kenya To Nigeria

Ebaide Joy, a Nigerian lady is soon to become the first person to ride on a motorbike from Mombasa, Kenya to Lagos, Nigeria. Ebaide began the journey on March 10, 2024, and she is expected to arrive Lagos by the end of May. The trip will take her through African countries like Kenya: East Africa, Uganda, Rwanda, Tanzania, Zambia, Angola, Democratic Republic of Congo, Congo Brazzaville, Cameroon and finally Nigeria. The Edo State-born music artiste...

Senators On Dramatic Posturing Over Seating Arrangements In Renovated Chamber

Despite efforts by the leadership of the upper chamber of the National Assembly to douse the tension over the seating arrangements in the Senate, the drama has continued. The Senators who bickered over the same issue last week, faulted the new structure as the Chief Whip, Senator Ali Ndume, described the renovated chamber as a conference room. It will be recalled that complaints last week led to a rowdy session which lasted for about 15...

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