Operators of Ponzi schemes in Nigeria have come under the Senate’s spotlight following the passage of a resolution on Wednesday to investigate their activities and other similar online transactions that defraud investors of their hard-earned money. Of particular concern to the Senate is the recent collapse of the Crypto Bullion Exchange (CBEX), which resulted in…
A former Acting Accountant-General of the Federation, AGF, Mr. Anamekwe Nwabuoku, who is facing trial over alleged N1.96billion fraud, on Wednesday, begged the Federal High Court sitting in Abuja to give him time to negotiate with the Economic and Financial Crimes Commission, EFCC. The ex-Acting AGF, who is facing a nine-count charge, made the plea…
Former presidential aide, Reno Omokri, has defended the recent installation of solar panels at Aso Rock, urging Nigerians to applaud the move rather than criticise it. In a statement, Omokri described the backlash as “small-picture thinking,” arguing that the project is both economically sensible and environmentally responsible. He stressed that adopting solar energy at the…
After the death of a former Director-General of the Nigeria Intelligence Agency (NIA), Ambassador Ibrahim Zakari, his son Mubarak Zakari has also passed on. Late Ibrahim served as Director-General of the NIA from 1995 to 1998. He also served as Minister of State for Foreign Affairs in the early 1990s and headed the country’s anti-terrorism…
The Peoples Democratic Party (PDP) has won 15 of the 17 chairmanship positions in Plateau LG elections. Planji Cishak, chairman of the Plateau State Independent Electoral Commission (PLASIEC), announced the results of the elections on Thursday in Jos, the state capital. The local government and councillorship election was conducted on Saturday. Cishak said the results…
A female broadcast journalist with Ogun State Television (OGTV), Abeokuta, Mrs. Bukola Agbakaizu, on Monday slumped and died while preparing for her afternoon shift at the state-owned television station. Her death was confirmed by the Secretary of the Nigeria Union of Journalists (NUJ), Ogun State Council, Mr. Bunmi Adigun, in a statement issued in Abeokuta,…
An Ikeja Special Offences Court has heard how former Governor of Central Bank of Nigeria (CBN) Godwin Emefiele instructed his former dispatch rider not to formally acknowledge over $3millon received on his behalf. Monday Osasuwa, who was first prosecution witness (PW1), disclosed this on Monday under examination by Olalekan Ojo (SAN), counsel to Emefiele before…
A graduate of the University of Ilorin (UNILORIN), Rhoda Odeyale, has been abducted by gunmen while travelling to the National Youth Service Corps (NYSC) orientation camp in Port Harcourt, Rivers State. She was reportedly kidnapped alongside other passengers on an inter-state commercial bus on Wednesday. According to sources close to the family, the kidnappers have…
GISTSMATE MEDIA reports that the State Security Service has detained a Nigerian journalist, Adejuwon Soyinka, who is the West African Regional Editor of the Conversation Africa. According to PREMIUM TIMES, Mr Soyinka, a former Pioneer Editor of the BBC Pidgin Service, was detained by SSS operatives at the Murtala Muhammed International Airport in Lagos at…
Nigerian sensational celebrity chef, Hilda Baci, has revealed why she decided to cook 200 bags of rice instead of the initially planned 250 bags for her Guinness World Record attempt for the largest serving of Nigerian-style Jollof rice. In a statement, Baci said the decision to scale down the rice quantity was due to technical…
