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…
By Ayomide Otitoju President Bola Tinubu on Thursday recounted how he once confronted former military ruler, General Ibrahim Babangida, accusing him of failing to make history by annulling the June 12, 1993, presidential election. Tinubu made the revelation at a book launch in honor of Babangida, who ruled Nigeria from 1985 to 1993 and is…
By Ayomide Otitoju The Nigeria Customs Service Technical and Hangar Services Limited (NCT&HSL) held its inaugural Annual General Meeting (AGM) on Tuesday, February 18, 2025, bringing together stakeholders from the aviation, customs, and public sector logistics industries. The AGM was attended by senior officials from the Nigeria Customs Service (NCS), the Ministry of Finance Incorporated…
By Ayomide Otitoju In celebration of its 80th anniversary, Wema Bank, Nigeria’s leading innovative financial institution and the pioneer of Africa’s first fully digital bank, ALAT, is set to reward 80 customers with cash prizes in the Wema Bank 5 for 5 Promo Season 4 80th daily draw. The virtual draw will take place at…
By Ayomide Otitoju The Good Governance Watch has strongly criticized the Nigerian National Petroleum Company Limited (NNPCL) and its spokesperson, Olufemi Soneye, for allegedly misleading Nigerians regarding petrol imports in 2025. The organization accused NNPCL of providing false information when it claimed that it had not imported a single liter of Premium Motor Spirit (PMS)…
By Ayomide Otitoju A dramatic incident unfolded in the Nigerian Senate on Thursday, February 20, as Senate President Godswill Akpabio ordered Senator Natasha Akpoti-Uduaghan, representing Kogi Central, to leave the Red Chamber following a dispute over seating arrangements. The tension arose after Akpoti-Uduaghan’s designated seat was moved, a change she resisted. The Senate’s Chief Whip,…
By Ayomide Otitoju Fidelity Bank Plc has reaffirmed its commitment to improving education in its host communities through impactful Corporate Social Responsibility (CSR) initiatives. Under its education-focused CSR pillar, the bank has undertaken significant projects aimed at promoting quality education across Nigeria. As part of these efforts, Fidelity Bank recently renovated the library at Emotan…
Airtel Nigeria’s data revenue fell to $344 million for the nine months ending December 31, 2024, marking a significant drop from the $539 million recorded in the same period the previous year. Despite a 37.2% surge in data usage per customer—rising to 8.4GB per month from 6.2GB—the telecom company struggled to translate increased demand into…
Russia’s Foreign Minister, Sergei Lavrov, on Wednesday commended former U.S. President Donald Trump for attributing the Ukraine conflict to efforts to admit Kyiv into the NATO military alliance. Trump has repeatedly blamed the war on his successor, Joe Biden, insisting that the nearly three-year conflict would “never have started” had he been in office in…
