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The Central Bank has fined four banks for flouting its directive on crypto currency transactions. The CBN had in February 2021 ordered all banks to close accounts of anyone who transacts in crypto currency. According to the CBN, dealing in crypto currency or facilitating payments for crypto currency exchanges is prohibited. Repo...

Former President OLUSEGUN OBASANJO says the current security situation in the country has overwhelmed the current administration, as Nigerians are no longer safe on the roads, in trains or at airports. The former President said this in Abeokuta, the Ogun State capital, when he received a presidential aspirant on the platform of the People’s Democratic Party, UGOCHUKWU WILLIAMS. ...

The Federal Government has instructed telecommunication providers in the country to block all outgoing calls on SIM cards that are yet to be linked with a National Identity Number (NIN), from today April 4 2022. The directive was announced in a statement jointly signed by the Nigerian Communications Commission and the National Identity Management Commission (NIMC). With the direct...

the Minister of Mines and Steel Development, OLAMILEKAN ADEGBITE has admitted that the Federal Government will not be able to revive the Ajaokuta steel rolling mill before 2023. ADEGBITE who made this statement during the 34th session of the State House briefing, in Abuja, blamed COVID-19 pandemic and the Russia-Ukraine war for government’s inability to meet the 2023 target. ...

Nigeria and the Republic of Niger have agreed to strengthen their socio-economic and security co-operation to restore peace and security in their countries.The agreement was reached at the official visit of Nigerien President, MOHAMED BAZOUM’S to President Muhammadu Buhari and Northern governors in Abuja.Addressing newsmen, President BAZOUM noted Nigeria’s role in the war against terrorism, banditry, and...

The Senate has asked the Federal Ministry of Communications and Digital Economy and the Nigerian Communications Commission (NCC) to direct all pay-TV providers to introduce a pay-per-view model of subscription as against the monthly prepaid model currently in place. The upper chamber is also asking all pay-tv service providers in Nigeria to immediately review their bouquet prices downwards in tandem with the prevailing economic real...

Rivers state governor NYESOM WIKE and a former governor of Ekiti state AYO FAYOSE have both  endorsed a former member of the House of representatives LADI ADEBUTU  as the governorship candidate of the People's Democratic party in Ogun state. They made the endorsement when they paid a surprise visit to Abeokuta to witness the official declaration of Hon. ADEBUTU  for the governorship race in the state....

Operatives of the National Drug Law Enforcement Agency, NDLEA have launched a string of fresh offensives against drug cartels across Nigeria, leading to the arrest of a fleeing drug kingpin syndicate, YUHANA FIDELIS,  operating at the Murtala Muhammed International Airport, Lagos alongside six other members of his gang. Spokesperson of  the Agency, FEMI BABAFEMI  who disclosed this in Lagos, further revealed that a co...

Federal Government has said the increase in prices of some foodstuffs, and petroleum products and other items is a global trend. The Minister of Information and Culture, LAI MOHAMMED, who stated this at a media briefing in Abuja, added that presenting the situation as a Nigerian problem was a clear act of misinformation. The minister added that the crippling fuel shortage experien...

The Minority Caucus of the House of Representatives has demanded an immediate investigation over the alleged attack on the Kaduna International Airport over the weekend. The House Minority Leader, Hon. NDUDI ELUMELU, in a statement, said that the attack on the airport is another alarming observation on the collapse of Nigeria’s national security and intelligence gathering coordination. ...