A Federal High Court in Abuja has adjourned the money laundering suit against Binance Holdings Limited and its official till April 8. The trial judge, Justice Emeka Nwite, adjourned the matter for ruling after listening to the parties’ submissions on the service of the charge on Binance Holdings Limited. The defendants; Binance Holdings Limited and…
The Nigerian Education Loan Fund, on Wednesday, said it would begin a pilot phase of the student loan scheme with applicants from public tertiary institutions. This includes students of federal and state universities, polytechnics and colleges of education. It also expects President Bola Tinubu to soon appoint a chairperson, a Managing Director and two Executive…
Loyalists of immediate past governor of Abia State, Okezie Ikpeazu, on Monday dumped the ‘moribund’ Peoples Democratic Party in Abia State for the All Progressives Congress. The defectors include: the Chief of Staff to the former governor, Anthony Agbazuere; a former Commissioner for Information and Strategy, Eze Chikamnayo, from Umunneochi; a former commissioner representing Abia…
The Edo State House of Assembly, on Wednesday, explained how the state’s Deputy Governor, Philip Shaibu, allegedly leaked the government’s secrets and committed perjury, which, it said, were impeachable offences. The Assembly, represented by its Deputy Clerk, Joe Ohaifa, stated its case at the inaugurating sitting of the seven-man panel probing Shaibu. The panel, headed…
President Joe Biden on Thursday said the United States must uphold its “sacred commitment” to NATO as the alliance marked its 75th anniversary, after election rival Donald Trump undermined its collective defense guarantee. “We must remember that the sacred commitment we make to our Allies — to defend every inch of NATO territory — makes…
The Minister of Communication, Innovation, and Digital Economy, Bosun Tijani, has emphasised the need for Nigeria to join developed countries in tapping into Artificial Intelligence for speedy development and productivity. Tijani disclosed this at the closing of the I-FAIR Israel-Nigeria 2023-2024 cohort in Abuja on Thursday. The minister, who spoke on,‘Nigeria’s vision for Digital Entrepreneurship…
The Kaduna State Government, through the Ministry of Finance, has denied procuring fresh $17.69m loan. The state Commissioner for Finance, Shizzer Bada, made the government’s position known in a press statement on Thursday. She explained that no borrowing of $17.69m was undertaken under the present administration. “We did not borrow the said amount or any…
A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives. The Federal Inland Revenue Service had dragged the firm to court for tax evasion. Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla. In the suit marked: FHC/ABJ/CR/115/2024, Binance…
The Kano Area Command of the Nigeria Customs Service says it generated N30.2bn in revenue between January and March 2024. The Area Comptroller, Mr Dauda Chana, disclosed this in an interview on Thursday in Kano. The Kano area command covers Kano and Jigawa states. Chana said there was a significant increase in the revenue generation…
The Nigerian Electricity Regulatory Commission, on Wednesday, approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman, NERC, Musliu Oseni, said the increase will see the customers paying N225 kilowatt per hour (KW/h) from the current N66. PUNCH Online notes that customers under Band A are those who enjoy 20-24…
The seven-man panel set up by the Edo State Chief Judge, Justice Daniel Okungbowa, to investigate the allegation of gross misconducts levelled against the state deputy governor, Philip Shaibu, on Thursday fixed Friday, April 5, 2024, for final adjournment for the deputy governor to defend himself. The panel took the decision when it resumed its…
The Rivers State chapter of the All Progressives Congress has alleged that the state governor, Siminalayi Fubara, is plotting to procure interim orders to declare the state House of Assembly illegal. Also, the state’s main opposition party said Fubara’s outburst on Wednesday while addressing members of the Nigerian Union of Local Government Employees in Government…