Breaking News Archives - Page 3 of 6

Central Bank of Nigeria Bans Use of Foreign Currencies as Collateral for Naira Loans

In a recent move aimed at stabilizing the Nigerian financial sector, the Central Bank of Nigeria (C.B.N) has issued a directive to all banks in the country to discontinue the practice of...

Central Bank of Nigeria Resumes Dollar Sales to BDC Operators at N1101 per US Dollar

The Central Bank of Nigeria (C.B.N) has once again initiated the sale of dollars to Bureau De Change (B.D.C) operators, a move aimed at stabilizing the foreign exchange market. This announcement comes...

Edo State Deputy Governor, Philip Shaibu, Impeached by State House of Assembly

The impeachment decision came after the adoption of the report from a seven-man investigative panel convened by the state Chief Judge. The panel was tasked with probing allegations of misconduct against Shaibu....

Federal High Court Adjourns Tax Evasion Case Involving Binance Holdings Limited

The Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited, a major cryptocurrency exchange platform. The case, labeled FHC/ABJ/CR/115/2024, was initiated by the Federal Inland Revenue...

Juluis Abure Survives Assassination Attempt and Fire Outbreak in Abuja Home

Labour Party Chairman, Julius Abure, survives an alleged assassination attempt following a fire at his Abuja residence. Alerted by neighbors and security, the family narrowly escaped through a window. Abure is now...

Panel Persists with Deputy Governor Probe Despite Court Adjournment

Amidst legal intricacies, the investigative panel convened to scrutinize allegations of gross misconduct against Edo State’s Deputy Governor, Philip Shaibu, has resolved to continue its proceedings despite a recent court adjournment. The...

Nigerian Electricity Regulatory Commission Greenlights Tariff Hike for Band A Consumers

The Nigerian Electricity Regulatory Commission (NERC) has given its approval for an increase in electricity tariffs targeting customers falling under the Band A classification. This decision was announced by Musliu Oseni, Vice...

Binance Clarifies Employee’s Role Amidst Money Laundering Allegations

Cryptocurrency exchange giant Binance has issued a statement clarifying the status of one of its employees, Tigran Gambaryan, amidst allegations of money laundering in Nigeria. The company emphasized that Gambaryan, who is...

Françoise Bettencourt Meyers World’s Richest Woman 2024

In the realm of global wealth, one name has maintained its supremacy for the fourth consecutive year. Françoise Bettencourt Meyers, the heiress to the L’Oréal fortune, has once again clinched the title...

Eight Arrested in Connection to Murder of University Lecturer in Maiduguri

The Borno State Police Command has made significant strides in the investigation of the tragic murder of Dr. Kamar Abdulkadir, a lecturer at the Department of Physical Health Education at the University...

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Category: Breaking News