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Binance Exits Nigeria, Discontinues Naira Services Following Government Scrutiny
Crypto exchange giant, Binance quits Nigeria, saying it will discontinue its Nigerian Naira (NGN) services following increased scrutiny from Nigerian government.
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to … Continue Reading
Elon Musk Mocks Meta With Tweet Following Facebook and Instagram Downtime
American business mogul and owner of X formerly Twitter, has mocked Meta the parent company of Facebook and Instagram following an ongoing downtime experienced on its Meta servers.
Facebook and Instagram are currently down following a glitch in their servers.… Continue Reading
Facebook Servers are down
Facebook users are currently experiencing issues login into the social network.
It appears the social media giant has a glitch with its servers. Users are finding it difficult to log into their accounts after they were abruptly logged out by … Continue Reading
Federal Government to Implement 100% Cargo Scanning in Nigerian Ports
The Federal Government (FG) has announced plans to transition from physical inspection to 100% scanning of cargo within Nigerian ports.
This decision, aimed at enhancing operational efficiency, will involve procuring four additional scanners to supplement the existing one, according to … Continue Reading
Detained Binance Executives Unable to Attend National Assembly Hearing, Says Lawyer
The Nigerian House of Representatives has intensified its probe into the operations of Binance holdings Limited, a prominent cryptocurrency exchange platform, amidst allegations of fraud and financial misconduct. The company has been accused of exploiting the Nigerian currency, the Naira, … Continue Reading
Nigerian Navy Apprehends Ghanaian Vessel with 2 Million Litres of Stolen Crude Oil
The Nigerian Navy has intercepted a Ghanaian vessel, the Motor Tanker SWEET MIRI, on suspicion of crude oil theft. The vessel, with a crew of 13 members comprising one Ghanaian and 12 Nigerians, was apprehended off the coast of Nigeria, … Continue Reading
Businessman Loses N120 Million as Mob Attacks Warehouse in Abuja
A businessman and grain seller, Murtala Ibrahim, has incurred staggering losses amounting to approximately N120 million after his rented warehouse in the Gwagwa area of Abuja was attacked and looted by a violent mob. The warehouse, stocked with assorted grains … Continue Reading
Inspector-General of Police Bans Use of POS Machines in Stations Amid Corruption Allegations
In response to mounting concerns over alleged corrupt practices, the Inspector-General of Police (IGP), Kayode Egbetokun, has issued a directive banning the use of Point of Sale (POS) machines and other electronic mobile money transaction devices within police stations and … Continue Reading
Jeff Bezos Beats Elon Musk, Reclaims Title as World’s Richest Person with $200 Billion Net Worth
Amazon founder Jeff Bezos has ascended once again to the coveted position of the world’s wealthiest individual. According to the latest data from the Bloomberg Billionaires Index, Bezos boasts a staggering net worth of $200 billion, solidifying his status as … Continue Reading
Gold Hits All-Time High Amid Geopolitical Tensions and Rate Cut Bets
The price of gold surged to an all-time high on Monday. Gold futures for April delivery rose by 1.4 percent to reach an impressive $2,125.65 per ounce, while spot gold settled at a record $2,126.30 per ounce, marking a 0.5 … Continue Reading