The Nigerian government, through the Federal Inland Revenue Service (FIRS), has asked the Federal High Court in Abuja to order Binance Holdings Limited to pay $79,514,055,594.40 and N231 million for economic losses allegedly caused by its operations in Nigeria, as well as $2,001,000,000 in income tax for 2022 and 2023. These monetary demands and alleged…
The Federal Government of Nigeria has called on traders across the country to reduce the prices of foodstuff in the market. The call by the Federal government comes shortly after it was announced that the inflation rate of the nation had dropped to 24.48 percent. Speaking during the 2025 Wheat Farmers Green Field Day at…
The Netherlands has agreed to return 119 Benin Bronzes to Nigeria, according to a statement released by the embassy on Tuesday. The Dutch Minister of Education, Culture, and Science, Eppo Bruins, and the Director-General of the National Commission for Museums and Monuments, Olugbile Holloway, will sign the transfer agreement on Wednesday (today). The statement noted…
As of 10 a.m. on Wednesday, chairmen and councillors elected in the October 15, 2022, local government election in Osun State had resumed in about 14 LGA secretariats in the state. Checks by The PUNCH revealed that the chairmen and councillors, accompanied by many APC members, have resumed at Ila, Ede South, Ife Central, Ife…
The Ogun State Police Command has dismissed claims by controversial singer, Habeeb Okikiola, popularly known as Portable, of being in psychiatric treatment, insisting that he remains a wanted man. Portable, in a video on Tuesday, declared that he is a “madman” and undergoing treatment at the Federal Neuropsychiatric, Aro, Abeokuta. He said this while appealing…
Former President Goodluck Jonathan has blamed Nigerians’ tolerance for the bad behaviours of the political leaders. He said once Nigerians begin to demand and insist that the right thing be done, the political leaders will begin to do the right thing. The ex-President also strongly criticised the deployment of military personnel for election duties in…
GISTSMATE MEDIA reports that the United States Mission to Nigeria has condemned Boko Haram atrocities. On January 20, 2025, US President Donald Trump suspended all foreign aid for 90 days, citing concerns about global destabilisation and misalignment with American interests. This move follows growing calls for a comprehensive review of how US Agency for International…
Nigerian customers of Moniepoint, a fintech bank, have expressed widespread frustration and discontent with the company’s operations, citing numerous difficulties and challenges. One such customer, Suleiman Abubakar Audu, shared his ordeal with PM News, revealing that his account, containing N522,000, had been inexplicably closed for over ten weeks. Audu noted that despite providing all necessary…
The Edo State House of Assembly has passed the State Kidnapping Prohibition Law 2025, a groundbreaking bill that imposes the death sentence on individuals convicted of kidnapping. This legalisation was passed during the plenary on Tuesday amid the escalating wave of abductions and criminal activities that have plagued Edo State and the nation at large….
Facebook user, Vincent Udo has raised the alarm over a theft he claims took place on Monday at a shopping complex in Abuja. Udo’s Facebook post, which has quickly gone viral, includes a CCTV footage that shows three women dressed in hijabs stealing three laptops from a store. In the video, a man who is…