Former Kogi State Governor Yahaya Bello is currently in custody at the Economic and Financial Crimes Commission (EFCC) headquarters in Abuja. According to reliable sources at the Commission’s headquarters, Bello was arrested in a midnight sting operation. A source familiar with the development stated that Bello, who had initially claimed to have voluntarily honoured…
The Federal government through the Nigerian Geological Survey Agency (NGSA) has finally broken its silence on the recent earth tremors experienced in parts of the Federal Capital Territory (FCT). The NGSA in a statement released on Wednesday by its Director-General, Professor Olusegun Ige, has reassured residents that the tremors pose no significant threat. The government…
The Central Bank of Nigeria (CBN) has confirmed it will continue enforcing the contentious cybercrime levy of 0.005% on all electronic transactions as part of its updated guidelines for the 2024-2025 fiscal year. The cybercrime levy, introduced under the Cybercrime (Prohibition, Prevention, etc.) Act of 2015, aims to bolster Nigeria’s cyber security infrastructure. The Act…
The immediate past Governor of Kogi State, Yahaya Bello has revealed why he surrendered to the Economic and Financial Crimes Commission, EFCC after a prolonged snubbed of the anti-graft’s invitation to answer for alleged financial impropriety allegations levelled against him. A statement on Wednesday by Yahaya Bello’s Media office Director, Ohiare Michael, made available to…
Former Governor Yahaya Bello of Kogi State has finally honoured invitation of the Economic and Financial Crimes Commission (EFCC). According to his media office, which announced the development in a statement on Wednesday, the decision was made after consultations with his family, legal team and political allies. In April, the EFCC had declared Bello wanted…
Former military Head of State, General Abdulsalami Abubakar, is worried given the acute hunger, hardship, and worsening economic conditions in the country. General Abubakar, who lamented these issues, added that the country’s situation is “getting out of control.” The former Head of State made this known when he hosted the leadership of the Campaign for…
Matthew Kukah, Catholic Bishop of Sokoto diocese, has claimed that President Bola Tinubu did not sign the peace accord during the 2023 presidential election. Kukah spoke on Sunday, during the Edo election security town hall meeting in Benin. “What is also very interesting is that the current president, when he was a presidential candidate, did…
The Rivers State Police Command has prevailed over a five-man gang responsible for car snatching and burglary in the Ada-George, Iwofe, and Ogbogoro areas of Port Harcourt. Other locations of their operation are Egbelu, Diobu, D-line, GRA II, and Borikiri. The gang has been responsible for snatching, at gunpoint, over 10 cars in the past…
More controversy has emerged in the execution of a sale-purchase deal on premium motor spirit, otherwise known as petrol, between the Nigerian National Petroleum Company Limited, NNPCL, and Dangote Refinery. Findings by Vanguard yesterday indicated that while the NNPCL believes Dangote cannot supply an adequate quantity of the product, Dangote told Vanguard it had already…
The cryptocurrency trading platform Binance has outlined two conditions that must be met before it can consider registering under Nigeria’s Securities and Exchange Commission’s (SEC) special framework program for onboarding Virtual Assets Service Providers (VASPs), including crypto platforms. Binance’s position is in response to the regulatory frameworks set out for cryptocurrency platforms by Nigeria’s regulatory…