The Rivers State Judiciary has faulted the reasons given by retired Chief Magistrate Ejike King George for his exit from the Judiciary. George, in a letter widely circulated on social media, claimed that his voluntary retirement was largely due to discomfort with the recent appointment of what he described as a “quasi-military administration” to govern…
A night of prayers turned into a nightmare on Friday when armed men stormed a mountain-top vigil in the Egbola area, Lokoja Local Government Area, Kogi State, abducting an unknown number of worshippers. The attackers believed to be armed kidnappers, struck in the dead of night, firing indiscriminately to terrorize the congregation before dragging several…
Nigerians on several social media platforms have begun to count their losses as a digital asset trading platform popularly known as CBEX reportedly swept over N1.3 trillion from their investors’ accounts. The digital trading platform crashed on Monday after the money in their investors’ wallets vanished. CBEX also locked its telegram channels and postponed its…
The Economic and Financial Crimes Commission on Monday arraigned a Chinese national, Liu Beixiang, also known as Lao Liu, before Justice Ayokunle Faji of the Federal High Court in Lagos, over an allegation of providing false information to a government official. Liu is facing a one-count charge bordering on deliberately supplying false information to an…
The Securities and Exchange Commission (SEC) has warned the public that it is illegal to use unregistered digital investment platforms, as concerns mount over the rising popularity of such platforms This renewed stance by the Commission follows social media uproar surrounding the operations of CBEX, a digital asset platform currently under scrutiny for allegedly freezing…
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has lamented the excessive estimated billing by electricity distribution companies, revealing that Eko Disco issued a N29 million bill to his residence at the State House this month. Before then, he said the disco brought a N2.7 million bill to his house for electricity consumption in…
The trial of Jude Okoye, former Manager of Psquare group, over alleged money laundering to the tune of N1.38 billion, $1 million and £34,537.59, commenced, yesterday, before a Federal High Court sitting in Lagos, with his younger brother, Peter Okoye, testifying against him. Jude alongside his company, Northside Music Limited, are being tried by the…
Amid uproar over the crashing of a popular cryptocurrency and forex trading platform, CBEX, angry individuals have reportedly looted the platform’s office at Oke Ado, Ibadan, Oyo state capital. GISTSMATE MEDIA earlier reported that users were left in panic following reports that the company has emptied the accounts of hundreds of investors without prior notice….
Laide Bakare and Eniola Badmus have been captured in a viral video engaging in a heated altercation at Eniola Ajao’s film ‘Owambe Thieves’ premiere. In the footage, Bakare appeared visibly upset as she confronted Badmus and warned her sternly. However, Badmus remained silent, walked away from the confrontation, and seemed to report the incident to…
Crossdresser and social media personality Bobrisky has signaled his return to the country with clear instructions to potential clients. Known for his flamboyant style, Bobrisky outlined specific terms for engagements, emphasising luxury and safety. In his post on Instagram, Bobrisky stated that any meetup would require a minimum fee of $200,000 and must take place…