President Bola Tinubu has directed financial and capital market authorities to monitor the increasing use of stablecoins and digital currencies in Nigeria, cautioning that the shift away from traditional banking systems presents emerging challenges that must be proactively managed. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of…
Police have confirmed the release of the kidnapped Egyptian national without payment of ransom in less than 24 hours, in an operation in Ibadan, Oyo, on Tuesday. The kidnapped Egyptian national was abducted at the Alomaja area in Oluyole local government area on Monday. The Police Public Relations Officer, CSP Adewale Osifeso, while confirming his…
The Senior Special Assistant to the Osun State Governor on Community Engagement, Hon. Sulaimon Musa Olalekan, has expressed deep sorrow over the passing of the Community Development Council (CDC) Chairman of Ejigbo Local Government. ‎ ‎During a condolence visit to the family of the late Chairman, Hon. Sulaimon described his death as a great loss,…
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its strike following an agreement with the management of Dangote Refinery to recognise workers’ rights to unionise. The deal was reached at a closed-door meeting convened by the Department of State Services (DSS) and attended by the Minister of Finance, Wale Edun and…
Police operatives in Akwa Ibom State have arrested a village head of Ibagwa in Abak Local Government Area of the state. The spokesman for the State Police Command, Timfon John, disclosed this in a statement on Tuesday. He said the suspect was nabbed for allegedly shooting his sister in the head, as she sustained various…
The army officer abducted in Bomadi Local Government Area of Delta State, Major Josiah, has been rescued by villagers from the deep forest of Tuomo community. The officer was reportedly kidnapped on Sunday night by armed youths, who stormed his lodge, ransacked it, and whisked him away to the creeks of Burutu Local Government Area….
Human rights activist Omoyele Sowore has disclosed a private WhatsApp exchange with presidential spokesperson Bayo Onanuga, who urged him to delete a social media post describing President Bola Ahmed Tinubu as a “criminal.” The former presidential candidate in the 2019 and 2023 elections disclosed this on Tuesday through his social media accounts. Sowore said Onanuga…
Israel has carried out an attack on the Qatari capital, Doha, in what officials said was targeted at Hamas leaders in the country. Loud explosions were heard in what is believed to be an air attack on a building in Doha. The Doha-based Al Jazeera reports that the targeted building is in a residential neighbourhood,…
‎In a renewed effort to strengthen democratic participation and ensure that the voices of grassroots communities are fully represented in governance, the Senior Special Assistant to Governor Ademola Adeleke on Community Engagement, Hon. Sulaimon Musa Olalekan, held a strategic meeting with the State Executives of the Community Development Council (CDC) in Osun State. ‎ ‎The…
A 30-year-old man has allegedly murdered his 25-year-old apprentice in Anambra State, Nigeria’s South-east. The suspect, simply identified as Leberechi, subsequently dumped the body of the yet-to-be-identified apprentice inside a refrigerator. The incident happened on Tuesday in Okpoko, an urban community in Ogbaru Local Government Area of Anambra State. The suspect is a vehicle spare…