By Ayomide Otitoju The Federal Government of Nigeria is seeking $81 billion in compensation from cryptocurrency exchange Binance Holdings Limited over alleged economic losses linked to its operations in the country. The government claims that Binance operated in secrecy despite having a significant economic presence in Nigeria. It further accuses the company of violating financial…
South African President Cyril Ramaphosa has returned to work after finishing a week of self-isolation due to testing positive for the Coronavirus (COVID-19), his office said on Monday. Ramaphosa, who was given Johnson & Johnson’s vaccine in February, tested positive for COVID-19 on Dec. 12 and received treatment for mild symptoms. “The President has returned…
Zoning the governorship position among Ondo State’s three senatorial zones (Ondo Central, Ondo North, Ondo South) every four years was initially aimed at ensuring fair power distribution. The concept aimed to promote balanced development across the state. Despite political parties’ zoning efforts since 1999, Ondo State still grapples with challenges in infrastructure and human capital…
By Ayomide Otitoju The Economic Community of West African States (ECOWAS), in partnership with Ecobank Nigeria and the World Bank, has trained over 100 Nigerian entrepreneurs in the off-grid photovoltaic solar energy sector. The initiative, conducted under the Regional Off-Grid Electricity Access Project (ROGEAP), aims to build a robust regional market for standalone solar systems….
The Court of Appeal in Abuja on Friday reserved judgement in a suit filed by Sheriff Oborevwori, the Peoples Democratic Party (PDP) governorship candidate in Delta State, challenging a lower court judgement disqualifying him. During the PDP governorship primary in May, Mr Oborevwori, speaker of the Delta House of Assembly, polled 590 votes to beat…
By Sam Adurogboye Permit me to start this conversation with a reference to the statement credited to Mahatma Gandhi, one of the most iconic leaders who ever lived. While this is in no way an attempt to make comparisons, Gandhi’s timeless words and his calm, peaceful approach to tackling some of the world’s most intractable…
…….Inducts newly rated air traffic controllers The Nigerian Air Traffic Controllers’ Association (NATCA) has entreated the Minister of Aviation, Senator Hadi Sirika to accelerate the confirmation of the Actg. Managing Director of NAMA, Mr Matthew Lawrence Pwajok as the substantive Managing Director/Chief executive of the agency. Speaking during his welcome address at the association’s 51st…
By Ayomide Otitoju The Special Offences Court sitting in Ikeja, Lagos, on Tuesday granted bail to former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, in the sum of N50 million with two sureties. The court, presided over by Justice Rahman Oshodi, also convicted and wound up Sigma Golf Nigeria Limited,…
The Federal Government said it has not considered imposing mandatory COVID-19 testing or restrictions on travellers from China until there is a need for it. The government, however, admitted that Nigeria was at risk of a fresh surge of the virus. It, therefore, advised Nigerians to go for vaccination. The Coordinator of the Presidential Steering…
