Amid groaning and huge loss of investments to online crypto trading platform, CBEX, a video of a man praying for the ponzi Scheme not to crash trend online. GISTSMATE MEDIA reported that Nigerians on several social media platforms have begun to count their losses as a digital asset trading platform swept over N1.3 trillion from…
GISTSMATE MEDIA reports that the civil servants in Akwa Ibom State are in happy hour as Governor Umo Eno implemented the new minimum wage of N80,000, paying the increment arrears in bulk. The Governor had promised to implement the new minimum wage, which is N10,000 higher than the national minimum wage, after receiving the report…
The Anambra Renaissance Group, the state wing of the Southeast Renaissance Group, has officially endorsed Mr. John Chuma Nwosu as its preferred candidate under the national coalition platform led by the African Democratic Congress (ADC). This resolution was contained in a communique jointly signed by Professor Zelinjo Igweze and Hon. Barrister Ben Chuks Nwosu, a…
The federal high court in Abuja has ordered six banks to provide the inspector-general of police (IGP) with information pertaining to the accounts connected to Omoyele Sowore, an activist and publisher. Emeka Nwite, the presiding judge, issued the order on Tuesday following an ex-parte application moved by Wisdom Madaki, counsel to the IGP. The defendants…
Elon Musk could have his United States citizenship revoked and be exposed to criminal prosecution if he lied to the government as part of the immigration process, according to legal experts. Musk, who was born and raised in South Africa and later emigrated to Canada before eventually settling in the US and becoming a citizen,…
A 37-year-old man, Nicholas Giroux, has been sentenced to life imprisonment plus 20 years for the murder of Nigerian-American boxer, Isaiah Olugbemi, in Anne Arundel County, Maryland. According to a press release by the Anne Arundel County State’s Attorney’s Office which was cited by PUNCH Online on Saturday, Giroux was sentenced on Friday afternoon by…
A coalition of academics, students, alumni, and concerned citizens has issued a strong protest urging the National Universities Commission, NUC, to take immediate regulatory action against social media comedians and content creators who misappropriate the term “university.” In a letter addressed to the Executive Secretary and Board of the NUC, the coalition decried the rise…
A video capturing a moment of apparent tension between the Alaafin of Oyo, Oba Akeem Abimbola Owoade I, and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, is making rounds on social media. The footage, recorded at an event hosted by Nigeria’s First Lady, Senator Oluremi Tinubu, in Ibadan on Tuesday, shows the…
The Independent National Electoral Commission has raised concerns over the notice submitted by the Peoples Democratic Party regarding its planned 100th National Executive Committee meeting scheduled for June 30, 2025. The development was conveyed in a letter dated June 13 and addressed to the party’s chairman, with reference number INEC/DEPM/PDP/286/iii/80 and titled “RE: NOTICE OF…
GISTSMATE MEDIA reports that the Central Bank of Nigeria, CBN on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited. The apex bank, in a statement by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the move is designed to…