GISTSMATE MEDIA reports that Zhongshan Fucheng Industrial Investment Co. Limited, the Chinese firm that got a court injunction to ground three presidential jets belonging to the Federal Government in Europe, has initiated plans to seize other Nigerian assets in the United Kingdom, United States of America and in six other countries. This Nigeria news platform…
GISTSMATE MEDIA reports that the Nigeria Labour Congress (NLC) has announced the possibility of a nationwide strike, if the government does not apologize over the recent invasion of its secretariat in Abuja. The NLC, in a statement, condemned the government’s continued silence and failure to meet any of its demands following the invasion, which the…
A Federal High Court in Lagos has ordered the interim forfeiture of $2.04m and seven property connected to a former- Central Bank of Nigeria Governor, Godwin Emefiele. Justice Akintayo Aluko made the order on Thurday following an application by the Economic and Financial Crimes Commission, which is investigating alleged fraudulent activities linked to Emefiele. The…
With the trending story of a woman who tore her husband’s passport upon return to Nigeria, the issue of the laws governing the Nigerian passport comes to the fore with some Nigerians unaware of what is an offence and what is not with a national document like a passport. The Nigerian passport is governed by…
Bandits have abducted a mobile police (Mopol) officer in Kampani, a community in Wase Local Government Area of Plateau State, while a soldier accompanying him managed to escape. The incident happened on Wednesday evening as the officer and the soldier were traveling from Zurak to Kampani. According to sources, the two security personnel were ambushed…
The federal government says its dollar-denominated domestic bond will be issued on Monday. Gbadebo Adenrele, managing director of investment banking, at United Capital Group, spoke on Thursday during a hybrid roadshow with investors organised by the Debt Management Office (DMO). On July 25, the federal government said it would issue $500 million in domestic foreign…
GISTSMATE MEDIA reports that the Minister of Information and National Orientation, Mohammed Idris, announced that Nigerians can access at least eleven different initiatives established by the Federal Government. These key initiatives span various sectors, including education, transportation, business, housing, and skills acquisition, among others. Idris made this disclosure in a Wednesday noon post on X,…
Ksenia Karelina, a Russian-born ballerina with American citizenship, has been sentenced to 12 years in prison by a Russian court for allegedly committing high treason. She was accused of donating $51.80 to Ukraine’s military. According to Russia’s Federal Security Service, Ksenia Karelina transferred funds to support a Ukrainian organisation, which allegedly used the money to…
GISTSMATE MEDIA reports that former Governor of Anambra State and 2023 presidential candidate, Peter Obi, has criticised the Nigerian government following the international seizure of three jets belonging to the Presidential fleet. Describing the incident as an international embarrassment, Obi, in a statement via X on Thursday, condemned the federal government’s handling of the situation,…
Chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje, has fired back at the Kano State government over allegations that he masterminded the disappearance of a corruption file from a courthouse. Ganduje denied the allegations, accusing the state government of orchestrating the violence that led to the file’s disappearance. In a statement, Ganduje’s chief…