House seeks arrest of Binance executives over FOREX rate manipulation 

Crime & SecurityNewsNigeriaHouse seeks arrest of Binance executives over FOREX rate manipulation 

By Ezinwanne Onwuka (Senior Reporter)March 5, 2024

The House of Representatives Committee on Financial Crimes is on the verge of calling for the arrest of Binance’s CEO, Richard Teng and other senior executives, over allegations of terrorist financing, money laundering, and tax evasion. Binance, the world’s largest cryptocurrency company, has been flagged by the Central Bank of Nigeria, CBN, for its alleged illicit activities. The CBN says Binance manipulated foreign exchange rates through currency speculation and rate-fixing, which have seen the naira...

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“Nigeria is open for business,” Tinubu tells foreign investors in Qatar

NewsNigeriaPolitics“Nigeria is open for business,” Tinubu tells foreign investors in Qatar

By Ezinwanne Onwuka (Senior Reporter)March 4, 2024

President Bola Tinubu is urging foreign investors to troop into Nigeria despite the economic uncertainties in the country. Tinubu marketed Nigeria to Arab investors at the Nigerian-Qatar Business and Investment Forum in Doha, on Sunday, saying that his reforms in the last nine months favour innovation and investments. “I am here to give you the assurance that reforms are going on; forget about whatever you heard in the past. Whatever the obstacle or problem that...

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Edo youths on vengeance mission kill 2 policemen 

Crime & SecurityNewsNigeriaEdo youths on vengeance mission kill 2 policemen 

By Ezinwanne Onwuka (Senior Reporter)March 4, 2024

Two policemen on escort duty were on Saturday beaten to death by a group of irate youths in Edo State. Two other officers were seriously wounded. The mob descended on the policemen after they ran over a commercial motorbike, killing the driver along with a woman and her child. An alarm was raised by eyewitnesses and as angry youths started to run to the scene of the accident, the policemen fled to a nearby vigilante...

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Shettima to Nigerians: Express your grievances in a responsible and mature manner

NewsNigeriaPoliticsShettima to Nigerians: Express your grievances in a responsible and mature manner

By Ezinwanne Onwuka (Senior Reporter)March 4, 2024

Vice-President Kashim Shettima has appealed to Nigerians to make known their grievances against the government “in a responsible and mature manner.” In recent weeks, there have been protests across Nigeria as Nigerians express their frustrations over various government policies that have brought about untold hardship. Shettima acknowledged that the reforms are “more telling on the poor”, but added that they were necessary. “If there are easier and reliable alternatives to the policy choices we have...

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Low Patronage Hampers ‘Tea-Maker’ Business In Abuja

BusinessNewsNigeriaLow Patronage Hampers ‘Tea-Maker’ Business In Abuja

Hassan Umar Shallpella (Regional Correspondent)March 4, 2024

Tea makers popularly known as “Mai shayi” who mainly operated in makeshift kiosks have decried low patronage, especially for Indomie noodles as the price continues to increase daily. Some of the Tea makers are found in estates and by the roadside in different parts of Abuja and sell fast food like noodles, fried eggs, bread, and tea spoken in Abuja decried the incessant increase in the price of Indomie instant noodles. A Mai Shayi in Apo, Abba Idris...

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Shortage of Audiologists Hits Niger State

HealthNewsNigeriaShortage of Audiologists Hits Niger State

Hassan Umar Shallpella (Regional Correspondent)March 4, 2024

There are Only Three Active Audiologists- Dr Makunsidi The Niger state is faced with a shortage of Audiologists with only three active audiologists for its Ear, Nose, and Throat clinics the state. Dr Mohammed Makunsidi, the Niger state Permanent Secretary of Special Duties (SSG Office) who disclosed this said that the three Audiologists are only concentrated in Minna, the state capital with virtually none in other towns and cities across the state. He stated this...

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Looted Facility Not Ours – NEMA claims

NewsNigeriaLooted Facility Not Ours – NEMA claims

Hassan Umar Shallpella (Regional Correspondent)March 4, 2024

The National Emergency Management Agency, NEMA, has reacted to reports that its warehouse in the Federal Capital Territory, FCT, was looted by residents on Sunday. It was earlier reported that residents of the Federal Capital Territory on Sunday looted a warehouse reportedly belonging to the National Emergency Management Agency NEMA carting away bags of rice, beans, and other foodstuff due to the current economic hardship across the country. However, a statement by the NEMA Press...

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Hunger crisis provoke looting of Abuja warehouse

Crime & SecurityNewsNigeriaHunger crisis provoke looting of Abuja warehouse

By Ezinwanne Onwuka (Senior Reporter)March 3, 2024

Some residents of the Federal Capital Territory, FCT, on Sunday morning, broke into a government food storage facility to loot stored food items. The warehouse came under siege at about 7:00 a.m. The people, numbering hundreds, exploited the near-total absence of the police and other security personnel to raid the building. A video shared on social media showed people leaving the facility with bags of grains even as others were rushing to the warehouse to...

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Ekiti to collaborate with LASEMA on disaster management

NewsNigeriaEkiti to collaborate with LASEMA on disaster management

Uzoamaka Ikezue (Staff Reporter)March 3, 2024

The Ekiti State Government is partnering with the Lagos State Emergency Management Agency (LASEMA) to boost security measures and fortify disaster management strategies. Governor Biodun Oyebanji of Ekiti State stated this during a working visit to LASEMA Headquarters in Ikeja, Lagos, over the weekend. According to a press statement on Sunday signed by Yinka Oyebode, Special Adviser, Media to the Governor, Oyebanji restated the resolve of his administration to safeguard the lives and properties of...

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Food and Essential Commodities Dealers Warns Against Hoarding

NewsNigeriaFood and Essential Commodities Dealers Warns Against Hoarding

Hassan Umar Shallpella (Regional Correspondent)March 3, 2024

Food and essential commodities dealers in Bauchi state have been warned against hoarding and arbitrary price hikes. DIG Sani Usman Muhammad ( Rtd), Chairman of Bauchi Public Complaints and Anti-Corruption Commission gave the warning during a meeting with officials of major dealers of foodstuff in the state. DIG Muhammad said the agency would not tolerate such actions as they could exacerbate hardships for the people. He vowed to take action against those engaging in such...

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