The founder of cryptocurrency firm, Binance, was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part of…

The management of the University of Benin, Edo State, on Tuesday, announced the indefinite suspension of the school’s Students’ Union Government. The varsity Registrar, Ademola  Bobola, said in a statement that the SUG suspension was connected with the April 12 mayhem on the campus during the visit of the Edo State Labour Party governorship candidate,…

The Federal Government, on Tuesday, declared Wednesday, May 1 as a public holiday in commemoration of Workers’ Day. The holiday was announced by the Minister of Interior, Olubunmi Tunji-Ojo in a statement signed by the Permanent Secretary, Ministry of Interior, Aishetu  Ndayako, on Tuesday. Tunji-Ojo reiterated President Bola Tinubu’s administration’s dedication to fostering innovation, productivity,…

The legal fireworks over the purported suspension of the National Chairman of the All Progressives Congress, Dr Umar Ganduje, commenced on Tuesday, with the Kano State High Court fixing May 27 to hear the preliminary objection, jurisdiction and joinder applications. The court, presided over by Justice Usman Na’Abba, had, following the suspension of Ganduje by…

Danish shipping and logistics company, A.P Moller-Maersk, has avoided comments on a supposed investment in Nigeria’s seaport infrastructure totalling $600 million. Last Sunday, President Bola Tinubu and the company’s Chairman, Robert Uggla, held closed-door talks on the sidelines of the World Economic Forum Special Meeting in Riyadh, Saudi Arabia. In a statement by Tinubu’s spokesperson, Ajuri…

El Salvador’s President Nayib Bukele, has announced the decision to launch an inquiry into bribery allegations against members of his government, including himself, in a bid to rid the government of corruption.This was made known in a video shared by Bukele on X.com on Tuesday captioned, “It’s not the first, and it won’t be the…

A part of Landmark Beach on Victoria Island, Lagos on Monday was demolished to give way to the Lagos-Calabar Coastal Highway, Nigeria’s biggest public infrastructure project. This is despite the outcry in some sections about the potential jobs and means of livelihood that will be lost. Meanwhile, the Minister of Works, Dave Umahi, while defending…

The Federal Government has approved a 25 to 35 per cent increase in the salary structures of police officers, the armed forces, public servants, among others. It announced this on Tuesday through the National Salaries, Incomes and Wages Commission, stating that the salary raise takes effect from January 1, 2024. The NSIWC, in a statement…

Nigerians are on a quest to uncover the identity of a woman who eloquently spoke in a TV story about fuel scarcity 30 years ago. A user on X.com, Jackie, who identifies as #JWEZEE had shared the video with the caption, “On this day April 30 1994, same day same time, only difference 30years ago….

An Ekiti State man identified as Amusa Lasisi has disclosed why he had chosen to teach secondary school students at Government Day College, Tunga Lowcost, Minna, for free. Lasisi, in a letter dated April 29, 2024, titled, “Application for voluntary teaching engagement on science subjects for compassion, patriotism and active community development”, attributed his reasons…

The Minister of Works, David Umahi, has disclosed that the Federal Government will, on Wednesday (today), pay N2.75 billion in compensation to property owners affected by the demolition necessary for the construction of the Lagos-Calabar Coastal Highway spanning from channel 0 to channel 3. He revealed this information during a stakeholders meeting held in Lagos…