•Binance Founder, Changpeng Zhao The founder of cryptocurrency firm, Binance, was sentenced to four months in US prison yesterday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency ex...
•Gunmen At least 2,583 people were killed and 2,164 kidnapped in the first quarter of this year, a data from Beacon Security and Intelligence Limited, a security risk management and intelligence company based in Abuja, has shown. The data, which recorded the number of killings and abductions across the country from January to March, showed [&h...
Four of the 13 former governors in the Senate and 21 other senators have not sponsored any bill since June 13, 2023 when the 10th National Assembly was inaugurated, findings have shown. The ex-governors in the Senate are Senate President Godswill Akpabio (Akwa Ibom), Aliyu Wammako (Sokoto), Abdulaziz Yari (Zamfara), Aminu Tambuwal (Sokoto), Ad...
•Fuel subsidy removal Ten months after the removal of petrol subsidy by President Bola Ahmed Tinubu, the federal government has not rolled out electric vehicles as promised. Millions of Nigerians are grappling with the high cost of transportation in the aftermath of the fuel subsidy removal, reports Daily Trust Experts say productivity in work...
•Oniha In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. This emerged as findings showed that 16 state governors also increased the debt profile of their states by N509.3bn with domestic and external debt of N243.95bn and $298.5m (N265.37bn), respectively, ...
•Tinubu and Edu Two months after the suspension of Dr. Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, both the Economic and Financial Crimes Commission (EFCC) and President Bola Ahmed Tinubu have left Nigerians in the dark on the next line of action. Findings by our correspondent at the weekend revealed that the EFCC, [&h...
•A DisCo official at work Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order on Capping of Estimated Billing to Unmetered C...
A Senior Advocate of Nigeria, Prof Itse Sagay, says President Bola Tinubu should have waited six months after his inauguration before removing subsidy on Premium Motor Spirit (PMS) also known as petrol. He made this known during a conversation around the future of Nigeria. The senior lawyer was a guest on Channels Television yesterday. He [&he...
•Nnaemeka Obiareri Former President Muhammadu Buhari has been accused of wasting the N23 trillion Ways & Means printed under his tenure without any tangible development to show while President Bola Tinubu has, in seven months printed N7.8 trillion yet still borrows. Nnaemeka Obiareri, a Development Economist/Investment Banker stated this o...
•Tinubu Appalled by the worsening insecurity and ongoing kidnapping epidemic in the country, a coalition of Civil Society Organisations (CSOs) under the auspices of the Civil Society Joint Action Group has called on President Bola Tinubu to declare a state of emergency on the current security situation in the country, claiming at least 2,423 p...
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