The Nigerian Air Force (NAF) has announced that air operations by the Air Component of Operation HADIN KAI killed scores of terrorists and destroyed an insurgent enclave in Borno State. This was disclosed on Thursday in Abuja by Air Commodore Ehimen Ejodame, NAF’s Director of Public Relations and Information. Ejodame said the precision strikes were…
GISTSMATE MEDIA reports that the Peter Okoye, one-half of the popular Nigerian music duo P-Square, has responded to his brother Paul’s recent interviews, where he claimed to have written and sung 99% of their songs. Peter expressed disappointment and hurt over Peter’s constant discrediting of his efforts in the group. In an open letter on…
President Bola Tinubu and French President Emmanuel Macron signed two agreements on Thursday in Paris, France, that will ensure a partnership on the development of critical infrastructure and the long-term sustenance of agriculture and food security. Earlier, President Tinubu and President Macron witnessed the signing of the agreement by the United Bank for Africa (UBA)…
A cargo plane veered off the runway during landing at Hong Kong International Airport early Monday, striking a security patrol vehicle and skidding into the sea, killing two men in the vehicle, authorities reported. The Boeing aircraft, arriving from Dubai, left the tarmac at around 4 a.m. local time (2000 GMT Sunday), crashing through a…
The Central Bank of Nigeria (CBN) plans to expand the use of its digital currency, eNaira, to facilitate payments into government accounts and allow Ministries, Departments, and Agencies (MDAs) to initiate vendor and beneficiary payments. This is according to the CBN’s newly released Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025…
The National Agency for Food and Drug Administration and Control (NAFDAC) on Thursday sealed a factory and eight shops in Nasarawa State for packaging, selling and distributing counterfeit rice. The Investigation and Enforcement Taskforce of the agency, which swung into action following an intelligence report, noted that about N5bn worth of bags of counterfeit rice…
A 54-year-old man, Eseni Chima was, on Tuesday, docked before an Abakaliki Magistrate’s Court for allegedly beating his wife, Ugochukwu Chima, to death with iron rod. The prosecutor, Emmanuel Monday told the court that the defendant allegedly committed the offence on Sept. 4, at 60 Ogbaga Road, Kpirikpiri in Abakaliki Local Government in Ebonyi. Monday…
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex bank’s cash distribution guidelines. The affected banks include Fidelity…
Tigran Gambaryan, the head of financial crime of crypto firm Binance, who was detained in Nigeria for several months, has named three Nigerian lawmakers who he claimed demanded a $150 million bribe from him. GISTSMATE MEDIA reported that Mr Gambaryan and another Binance official were detained by the Nigerian government which accused their firm of…
The Mapo Grade A Customary Court in Ibadan on Tuesday sentenced a 28-year-old man to three months’ imprisonment for stealing four pieces of dry meat and eggs. The court president, S.M Akintayo, convicted and sentenced him after he had pleaded guilty to a two-count charge of obtaining by false pretence and stealing. Delivering judgment, the…