Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector. The cryptocurrency soared through the mark, having enjoyed a blistering rally since the November 5 election of…
Oyo State Governor, Seyi Makinde, has declared that the Peoples Democratic Party (PDP) will teach the All Progressives Congress (APC) a political lesson in the 2026 Osun State election and the 2027 Oyo State election. Makinde made this statement while commissioning some projects executed by Osun State Governor, Ademola Adeleke, in Osogbo on Wednesday. He…
Bello El-Rufai, a House of Representatives member and son of former Kaduna State Governor Nasir El-Rufai, has dismissed rumors of an EFCC raid uncovering massive cash and drugs at his residence in Kaduna. Reports circulating claimed that $800 million, ₦700 billion in cash, and ₦1 trillion worth of drugs were found at his home. In…
A new report from Sumsub, a global full-cycle verification platform, reveals alarming trends in identity fraud across Africa, with Nigeria recording the highest average fraud rate in 2024 at 5.91%, doubling from the previous year. Other nations with significant fraud rates include Algeria, Tanzania, Madagascar, and Chad. Sumsub provides customizable solutions in KYC, KYB, transaction…
Nigerian-born UK pastor Tobi Adegboyega has addressed recent reports of his impending deportation to Nigeria. The former leader of Salvation Proclaimers Anointed Church, which was shut down following allegations of a £1.87 million fraud, has lost his legal battle against deportation despite asserting that the move would infringe upon his human rights. An immigration tribunal…
The police in Edo State have ordered an investigation into the circumstances that caused the death of Kaduna Eboigbodin, a former chairperson of the Nigeria Labour Congress (NLC) at a police checkpoint in Benin City. The police spokesperson in Edo, Moses Yamu, said the Commissioner of Police, Umoru Ozigi gave the order on Wednesday. Sources…
French Prime Minister Michel Barnier has been ousted after the parliament voted in support of a motion of no confidence. The members of parliament voted in support of the motion against Barnier by 331 votes. The move marks the first time France’s government has collapsed in a no-confidence vote since 1962. Barnie’s leadership was called…
GISTSMATE MEDIA reports that no fewer than 12 persons lost their lives in a fatal auto crash on Baimari–Geidam Road in Yobe. The Sector Commander, Federal Road Safety Corps in the state, Livinus Yilzoom, confirmed the deaths in a statement in Damaturu on Wednesday. According to him, the accident occurred at about 10:00 pm on…
The Obidient Movement, a prominent socio-political group, has threatened to embark on nationwide protests following the arrest of Barrister Dele Farotimi, a renowned human rights lawyer and vocal advocate for good governance in Nigeria. In a press briefing by the National Coordinator of the Movement, Dr. Yunusa Tanko, the group condemned what it described as…
GISTSMATE MEDIA reports that the Senate has suspended action on the tax reform bills currently before it. It further instructed the Committee on Finance to stay action on the public hearing pending the time the agitation in the public space is addressed. The Senate further constituted a special committee to meet with the executive branch…