Bitcoin Hits All-Time Peak Of Almost $112,000
The Trump administration’s crypto-friendly policies have boosted digital assets overall, opening pools of capital to the sector, with Bitcoin climbing to an all-time high near $112,000. An increased risk appetite and persistent institutional demand have helped as traditional financial market players embraced the world’s largest cryptocurrency. It touched a record peak of $111,988.90 and was…
Diplomatic Tensions: FG Pushes Back As US, UAE Tighten Visa Rules
The Federal Government has expressed concern over the recent decision by the United States to impose tighter visa restrictions on Nigerian citizens, describing the move as disproportionate, calling for “reconsideration in the spirit of mutual respect and cooperation.” This comes just as the United Arab Emirates imposed tougher entry conditions for Nigerian travellers, banning transit…
Ancelotti Gets Jail Term For Tax Evasion But Will Not Go To Prison
Brazil manager Carlo Ancelotti has been sentenced to a year in prison by a Spanish court for tax evasion – but he will not have to serve time in jail. The former Chelsea and Everton boss was accused of failing to pay 1m euros (£830,000) in tax on his salary during his first spell in…
Senate Launches Investigation Into Ponzi Schemes
The Senate has mandated a joint committee to investigate the alarming rise of Ponzi schemes across the country, following the collapse of the Crypto Bullion Exchange (CBEX), which has reportedly defrauded investors of over ₦1.3 trillion. The decision followed a motion sponsored by Senator Adetokunbo Abiru (Lagos East). In a motion, the lawmaker expressed deep…
EFCC Urges National Assembly To Criminalise Unexplained Wealth
The Economic and Financial Crimes Commission has called on the National Assembly to make a law criminalising unexplained wealth and fortune in the country. The commission stated that the country successfully waged the war against corruption without legal backing to hold public officers accountable for assets far beyond their legitimate earnings. The Chairman of the…
Oyo Govt Procures Two Aircraft To Improve Security
The Oyo State Government said it has procured two aircraft to curb the menace of illegal miners, kidnappers, and other security threats in the state. This was disclosed in a statement signed by the Commissioner for Information, Prince Dotun Oyelade, after the weekly State Executive Council meeting. Dotun noted that “the procurement was approved in…
Senate Passes Electricity Act Amendment Bill To Tackle Sector Collapse
The Senate has approved the electricity Act (Amendment) Bill, 2025 through second reading in a move to rescue the country’s ailing power sector from looming collapse. Sponsored by Senator Enyinnaya Abaribe (Abia South), the amendment seeks to overhaul the 2023 Electricity Act by addressing regulatory gaps as some lawmakers propose capital punishment for vandals. Leading…
Tinubu Will Be Removed By Votes Not Bullets – ADC Replies Presidency
The African Democratic Congress, ADC, on Wednesday said President Bola Tinubu will be removed through the ballot and not bullets. It dismissed insinuations that the coalition is interested in truncating democracy in Nigeria. ADC’s Interim National Publicity Secretary, Bolaji Abdullahi, accused Tinubu of laying the foundation for a clampdown on opposition leaders. He made the…
Why I Postponed My Resumption- Senator Natasha
The Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has explained her decision to shelve her planned resumption to the Senate for legislative duties. According to her, she did so based on legal advice and respect for procedures following a court ruling nullifying her suspension. She also announced her intention to await the Certified True Copy (CTC)…
ADC Has No Preferred Presidential Aspirant – David Mark
The Interim National Chairman of the newly formed opposition coalition party, the African Democratic Congress, ADC, David Mark, has clarified that the party has no preferred presidential aspirant for the 2027 general elections. Mark made this statement on Tuesday while addressing stakeholders of the Kogi chapter of the ADC at a meeting in Abuja. The…