The Economic and Financial Crimes Commission on Monday arraigned a Chinese national, Liu Beixiang, also known as Lao Liu, before Justice Ayokunle Faji of the Federal High Court in Lagos, over an allegation of providing false information to a government official. Liu is facing a one-count charge bordering on deliberately supplying false information to an…
The Securities and Exchange Commission (SEC) has warned the public that it is illegal to use unregistered digital investment platforms, as concerns mount over the rising popularity of such platforms This renewed stance by the Commission follows social media uproar surrounding the operations of CBEX, a digital asset platform currently under scrutiny for allegedly freezing…
The Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has lamented the excessive estimated billing by electricity distribution companies, revealing that Eko Disco issued a N29 million bill to his residence at the State House this month. Before then, he said the disco brought a N2.7 million bill to his house for electricity consumption in…
The trial of Jude Okoye, former Manager of Psquare group, over alleged money laundering to the tune of N1.38 billion, $1 million and £34,537.59, commenced, yesterday, before a Federal High Court sitting in Lagos, with his younger brother, Peter Okoye, testifying against him. Jude alongside his company, Northside Music Limited, are being tried by the…
Amid uproar over the crashing of a popular cryptocurrency and forex trading platform, CBEX, angry individuals have reportedly looted the platform’s office at Oke Ado, Ibadan, Oyo state capital. GISTSMATE MEDIA earlier reported that users were left in panic following reports that the company has emptied the accounts of hundreds of investors without prior notice….
Laide Bakare and Eniola Badmus have been captured in a viral video engaging in a heated altercation at Eniola Ajao’s film ‘Owambe Thieves’ premiere. In the footage, Bakare appeared visibly upset as she confronted Badmus and warned her sternly. However, Badmus remained silent, walked away from the confrontation, and seemed to report the incident to…
Crossdresser and social media personality Bobrisky has signaled his return to the country with clear instructions to potential clients. Known for his flamboyant style, Bobrisky outlined specific terms for engagements, emphasising luxury and safety. In his post on Instagram, Bobrisky stated that any meetup would require a minimum fee of $200,000 and must take place…
President Bola Tinubu has given marching orders to the Plateau State Governor, Caleb Muftwang, to summon the necessary political will to resolve the crisis and establish enduring peace. The President has also expressed profound sorrow over the recent bloodshed in the state, a tragedy that has claimed the lives of over 40 individuals. A statement…
There is growing tension among users of CBEX, a popular cryptocurrency and forex trading platform, following reports that the company has emptied the accounts of hundreds of investors without prior notice. CBEX, which gained widespread attention in recent months for its high-yield investment packages and aggressive online marketing, is now at the center of what…
The NBA Annual General Conference (AGC) Planning Committee has clarified that Rivers State did not pay hosting rights for the 2025 AGC in Port Harcourt. Chairman Emeka Obegolu, SAN, explained that the decision to hold the conference in Port Harcourt was made in August 2024 without a bidding process. Obegolu stated that the host city…