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…
The Peoples Democratic Party (PDP) Oguduokwor Ward in Onicha Local Government Area of Ebonyi State has expelled its suspended National Vice Chairman, South-East Zone, Mr. Ali Odefa, from the party. The decision follows allegations of anti-party activities, which led to his initial suspension on September 11, 2024. According to Onyeka Herbert Ovuta, Acting Chairman of…
President Bola Ahmed Tinubu has approved the reconstitution of the executive management teams for 12 River Basin Development Authorities (RBDAs) under the Federal Ministry of Water Resources, signaling his administration’s commitment to enhancing the efficiency of these critical organizations. The newly appointed executives are expected to leverage their expertise to boost agricultural productivity, manage water…
Netizens across social media platforms have begun to condemn a banner about Jesus Christ displayed at the gate of the Lekki Central Mosque in Lagos State. The inscription on the banner which went viral on Wednesday read, “Jesus Christ is not God. He is a Prophet and Messenger of God!” However, reactions have trailed the…
GISTSMATE MEDIA reports that President Bola Ahmed Tinubu has arrived in Lagos for his Christmas and New Year celebration. President Tinubu arrived at the Presidential Wing of the Murtala Mohammed International Airport, Lagos, at exactly 3:23 pm on Wednesday, December 18. He is expected to proceed to his private residence in the state. On arrival…
Tragedy struck on Wednesday morning at the Islamic High School in Bashorun, Ibadan, as a stampede occurred during a children’s Christmas party, resulting in the deaths of several children. The party was organized by Agidigbo 88.7 FM, Ibadan, led by Oriyomi Hamzat, in collaboration with Queen Naomi Silekunola Ogunwusi, the ex-wife of the Ooni of…
A sum of N15.81 trillion has been allocated for debt servicing in the 2025 Appropriation Bill presented to the joint sitting of the National Assembly by President Bola Ahmed Tinubu. Defence and Security tops the sectoral allocations in the N47.9 trillion budget presented by the President on Wednesday. The President disclosed this while giving a…
President Bola Tinubu says the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year. He said this during his presentation of the N47.9 trillion 2025 budget proposal to a joint session of the National Assembly on Tuesday. The President also said that the exchange rate will improve from approximately N1,700…
The Senior Special Assistant to President Bola Tinubu on Students Engagement, Hon. Comrade Asefon Sunday Dayo has lauded Mr President over allocation of N3.5 trillion to the education sector in the 2025 budget. GISTSMATE MEDIA reported that security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn…
Security and defence, infrastructure, health and education were some of the sectors with high allocations in the N47.9tn Budget Proposal presented by President Bola Tinubu before a joint session of the National Assembly on Wednesday afternoon. “It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025…