1 day ago
The former national chairmanship Aspirant of the ruling All Progressives Congress (APC), Mohammad Saidu Etu, has sought interlocutory injunction to stop Dr. Abdullahi Umar Ganduje from parading himself as party National Chairman. Besides, Etsu has faulted the power of the National Executive Council (NEC) of the APC that certified the appointment of former governor of…
1 day ago
The Nigerian Senate has begun a three-day investigative hearing to examine the input and output values of the country's mining industry. This initiative comes in response to the industry's critical role in economic diversification, foreign exchange earnings, and social inclusion. The hearing follows a motion moved by former chairman of the committee on solid minerals…
1 day ago
The Nigerian House of Representatives has resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and multinational oil company AGIP over allegations of fund diversion and failure to pay a $72 million debt to a Nigerian company, Decoon Services Limited. The decision follows a petition filed by the Centre for Social Justice, Equity, and…
1 day ago
An aide to Nigerian President Bola Tinubu has debunked claims that the country's officials demanded bribery from Binance. The CEO of the cryptocurrency giant Richard Teng claimed in a blog post on Binance's website that its officials relayed the demanded through its Nigerian lawyers. READ ALSO: Binance claims Nigerian officials demanded secret crypto payment "Any…
1 day ago
World’s largest cryptocurrency exchange, Binance has listed conditions for settlement negotiations with the Nigerian government. Nigerian authorities had earlier this year asked Binance to pay a $10 billion fine for infractions. The CEO of Binance, Richard Teng on Tuesday, however, claimed that some agents of Nigerian officials demanded secret payment to make its problems “go…
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