Nadeem Anjarwalla, an executive of cryptocurrency platform Binance, has reportedly fled from custody, as announced by the Office of the National Security Adviser (NSA). The NSA Office, in a statement by its spokesman Zakari Mijinyawa on Monday, confirmed Anjarwalla’s escape, stating that he is a suspect in the Federal Government’sContinue Reading
The Central Bank of Nigeria (CBN) has confirmed the settlement of all valid foreign exchange backlogs totaling $7 billion, in line with the commitment made by its Governor, Mr. Olayemi Cardosoo. According to a statement released on Wednesday by the apex bank’s Acting Director of Corporate Communications, Mrs. Hakama SidiContinue Reading
The Federal Government has reportedly listed Kaduna-based publisher, Tukur Mamu, and 14 others as terrorism financiers. The Nigerian Financial Intelligence Unit reportedly listed the identity of the 15 entities, including nine individuals and six Bureau De Change (BDC) operators and firms, according to The Punch. The newspaper said NFIU documentsContinue Reading
The House of Representatives has urged the Federal Ministry of Industry, Trade, and Investment to cease the signing and execution of a trade partnership with the United Kingdom (UK), permitting UK lawyers to practice in Nigeria. In a motion brought forward by 49 lawmakers on Tuesday, attention was drawn toContinue Reading
In a gesture of tribute, Aliko Dangote, the Chairman and CEO of Dangote Group, has chosen to name the thoroughfare leading to his Lagos refinery after the late Herbert Wigwe. The decision comes after reports emerged in February of the tragic passing of the Chief Executive Officer of Access Holdings,Continue Reading
Pope Francis expressed his concern about the escalating kidnappings in Nigeria, labeling them as “concerning.” He also offered prayers for the success of efforts to address the menace “as much as possible.” “The increasingly frequent kidnappings in Nigeria are extremely concerning. I express my closeness in prayer to the NigerianContinue Reading
Senate President Godswill Akpabio has encouraged the Super Eagles not to be disheartened for not securing the African Nations Cup in Cote d’Ivoire, affirming that they were all Champions for earning the silver medal in the tournament. Senator Akpabio conveyed the message when he, alongside other Senators, welcomed the teamContinue Reading
Access Holdings PLC has officially announced the passing of its Group Chief Executive Officer (CEO), Herbert Wigwe. Wigwe lost his life in a helicopter crash on Friday, alongside his wife, son, and a former Group Chairman of the Nigerian Exchange Group Plc, Abimbola Ogunbanjo. The bank, through a statement onContinue Reading
The Nigerian Communications Commission has confirmed that the interconnect debt dispute between MTN Nigeria Communications Plc and Globacom Limited has been resolved. In a statement released on Thursday, NCC’s spokesman, Reuben Muoka, affirmed that the disconnection approval given to MTN for the disconnection of Globacom has been revoked. “The NigerianContinue Reading
President Bola Tinubu has instructed the Ministry of Agriculture and Food Security to release approximately 42,000 metric tons of maize, millet, and other commodities from strategic reserves to address the escalating cost of food in the country. Minister of Information and National Orientation Mohammed Idris made this announcement on ThursdayContinue Reading
