Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. With an exchange rate of N1,500 to the Dollar, the amount translates into N75 trillion, about two-thirds of the capitalization of the Nigerian equities market capitalization currently at…
There was tension at the entrance of the Abia state House of Assembly, Tuesday, as some DSS personnel allegedly beat up a policeman attached to the Assembly. It almost turned to a free- for -all -fight between the two sister security agencies as other policemen attached to the Assembly came out to defend their colleague….
The eight members of the National Youth Service Corps, NYSC, who were kidnapped by unknown assailants on their way from Uyo in Akwa State to Sokoto State have been released. The Director-General of NYSC, YD Ahmed, who addressed the press on Friday, warned Corps Members against travelling at night. He said the welfare and security…
President Bola Tinubu says that Africa has what it takes to develop itself and should look inward to improve intra-African trade in the interest of the people and the continent. The President said this on his official X account on Monday, adding that he had successful conversations with the Rwandan President, Paul Kagame, on the…
The Social Democratic Party (SDP) has distanced itself from former Kaduna State Governor, Nasir El-Rufai, stating that he is not a recognized member of the party. El-Rufai and some members of the All Progressives Congress (APC) had left the ruling party for the SDP, citing disagreements with the APC’s current direction. However, the SDP leadership…
Uche Okirie, a UK-based Nigerian student, was stabbed to death in the early hours of Saturday by a Congolese suspect, a report by the Norfolk police has confirmed. Colleagues of Mr Okirie told Peoples Gazette they had identified him but were struggling to reach his family in Nigeria. The Norfolk police also appealed to UK…
The Senate is currently in a closed-door session following a motion on an issue of privilege raised by the Deputy Senate Leader, Oyelola Ashiru. Ashiru moved a motion of urgent national importance, citing Orders 9, 10, 41, and 52 of the Senate Standing Rules. Ashiru explained, “Order 9 refers to privileges and the rights enjoyed…
The Chairman and Sole Administrator of Pacesetter Transport Services (PTS), Dr. Salami Ibraheem Oladeji Dikko, has disclosed that the Oyo State Government has expended a total of #2.1 billion to subsidize transportation for residents across the state under the Sustainable Action for Economic Recovery (SAfER) initiative. Dr. Salami Dikko made this revelation on Monday during…
A 21-year-old woman is now in custody of the Delta State Police Command for allegedly killing her 34-year-old partner who she was cohabiting with since age 17 despite not being married to him. Spokesperson for the command, Bright Edafe, in a post on X, on Wednesday, stated that the SSS 2 dropout, before stabbing her…
A 16-year-old secondary school student in Lagos has allegedly ran mad after confessing that he was sexually molested by a popular Lagos hotelier at Bucknor, Isheri Oshun area of the state. The incident, which rattled his parents reportedly started before last Christmas when the student confided in his mother that he had a confession to…