The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has proposed a new law aimed at combating the issue of crypto influencers using their influence to promote dubious crypto projects. The new law requires every crypto platform or Virtual Assets Service Provider (VASP) to be registered with a license from the Nigerian SEC before…
At least 10 people, including three children and seven adults, lost their lives in an accident at the Abule Osun area of the Lagos-Badagary Expressway, Lagos State, on Tuesday night. Three other persons sustained varying degrees of injuries in the accident that occurred around 11 pm. According to a Wednesday statement by the Permanent Secretary…
The Federal Government has budgeted N6.21bn for salaries of workers of the moribund Ajaokuta Steel Company next year, according to the proposed 2025 budget. This is an increase of N1.92bn or 44.76 per cent from the N4.29bn allocated in the 2024 budget despite the inability of the company to produce a single sheet of steel…
The Edo State House of Assembly has suspended the chairmen and vice chairmen of the 18 local government councils for two months, following allegations of insubordination to Governor Monday Okpebholo. The suspension followed a petition from the governor, accusing the council leaders of refusing to submit their financial records to the state government. Okpebholo described…
A 100-level student of the Federal University Lokoja, Jeremiah Paul, has narrated how he killed his female colleague, Abigail Damilola, and harvested her body parts for ritual. The suspect, Mr Paul, 21, hails from Awe in Chikun Local Government Area of Kaduna State but was based in Lokoja, the Kogi State capital. The incident happened…
The Federal Road Safety Corps (FRSC) has confirmed the death of 16 persons in an accident involving multiple vehicles at the Ojoo-Iwo Road axis of the Lagos-Ibadan expressway on Tuesday. The spokesperson, FRSC, Oyo State Sector Command, Mr Mayowa Odewo, told the News Agency of Nigeria (NAN) in Ibadan that 17 other people sustained varying…