Thirty- two alleged internet fraudsters have been convicted and sentenced to various jail terms in Ibadan, Oyo State after they pleaded guilty to separate one-count charges bordering on impersonation, internet-related offences filed against them by the Economic and Financial Crimes Commission, EFCC. The convicts who were prosecuted by the Ibadan Zonal Directorate of the were…
Nigeria’s President, Bola Tibubu has written to the National Assembly seeking lawmakers’ consideration for the quick passage of four tax bills. The president in his letter which was read on the floor of the plenary by the Speaker of the House of Representatives, Tajudeen Abbas, said that the proposed tax bills have been designed in…
President Bola Tinubu on Thursday in Abuja told an Airtel delegation led by its chairman, Sunil Bharti Mittal, that his administration is prepared to learn and not ashamed of copying what is working in other climes. The president also said the telecoms sector’s regulatory framework and operations would be reviewed to reflect global best practices,…
Edo State Governor Monday Okpebholo said this yesterday while kick-starting President Tinubu’s 2027 re-election campaign in the state. Another member of the main opposition Peoples Democratic Party (PDP) in the 24-member House of Assembly, Kaycee Osamwonyi, the representative of Uhunmwonde Constituency, who is a member of House Committee on Budget and Appropriation, yesterday defected to…
The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from N825 per litre to N815 per litre. It was gathered that the new pricing structure introduced on Thursday was met with enthusiasm…
GISTSMATE MEDIA reports that all civil servants in Ebonyi State are set to receive a Christmas bonus of one hundred and fifty thousand naira (₦150,000.00) This was announced by the State Governor, Francis Nwifuru. This payment is scheduled to be disbursed before 1 p.m. on Tuesday, December 17, according to a statement from his Chief…
There was palpable tension for motorists along the Lagos-Ibadan Expressway following an explosion at the Otedola bridge axis of the expressway on Tuesday. Multiple footage shared on X revealed that the explosion occurred around 7pm. The videos showed thick flames emanating from the explosion. While the cause of the explosion was yet to be ascertained,…
The suspended Kogi Central Senator, Natasha Akpoti-Uduaghan has denied claims that she apologised to the leadership of the Nigerian Senate over the actions to led to her suspension. In a statement issued on Monday, March 24, Akpoti-Uduaghan described the reports as false and misleading. Stating that she stands firmly by her actions and words over…
A cryptocurrency trader has joined the long list of traders who lost a significant amount of money trading memecoins. The trader in question lost a whopping $450,000 trading on a newly created memecoin in about 40 minutes. The memecoin in question here is a newly created ANT by Claude (ANT) meme coin and the transaction…
Bybit, a cryptocurrency exchange, was breached with over $1.4 billion in liquid-staked Ether. Ben Zhou, the CEO, and co-founder of Bybit gave an update on the security vulnerability. Zhou verified that a transfer had been performed from the exchange’s multi-signature wallet to a warm wallet. The CEO claimed that the transaction was disguised to look…