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The Federal Government through the Federal Inland Revenue Services (FIRS) has taken legal action against leading cryptocurrency platform, Binance Holdings Limited, filing a lawsuit in the Federal High Court in Abuja, demanding $81.5 billion in compensation and taxes. FIRS alleged that Binance caused significant economic losses in Nigeria by failing to comply with tax regulations … Read more

The Attorney General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has condemned the illegal dissolution of local government councils by state governors, describing it as a treasonable offence. Speaking on Wednesday at the opening of an event organized by the Nigerian Bar Association (NBA) in Abuja, Fagbemi emphasized that such actions violate … Read more

Governor of Enugu State, Dr. Peter Mbah, and former Senate President, Senator David Mark, have expressed their sorrow at the passing of Senior Mother-in-Israel Josephine Anichukwu, the mother of the governor’s media aide, Mazi Uche Anichukwu. They celebrated her as a dedicated educator and an exceptional woman. The Anichukwu family announced on Wednesday the funeral … Read more

The Edo State House of Assembly has revoked the appointments of all political appointees associated with its members. Naija News reports that the House Speaker, Blessing Agbebaku, declared their discharge at a plenary session in Benin on Wednesday, February 19. All 24 members of the House unanimously approved the decision, according to Agbebaku, who also … Read more

Fourteen Democratic-ruled states had filed suit last week contesting Musk’s legal authority but District Judge Tanya Chutkan denied their emergency request to pause his actions. “Plaintiffs have not carried their burden of showing that they will suffer imminent, irreparable harm absent a temporary restraining order,” Chutkan said. DOGE is a free-ranging entity run by Musk, … Read more

The Federal Government revealed on Wednesday that Nigeria’s daily petrol consumption has decreased to 50 million litres, with domestic refineries now meeting half of the demand. The remaining 25 million litres are being imported to bridge the gap, ensuring the country avoids fuel scarcity. Speaking to journalists after a stakeholders’ meeting in Abuja, Mr. Ogbugo … Read more

The Nigerian Army has established a General Court Martial (GCM) for the trial of five officers and 20 soldiers within the jurisdiction of the 82 Division of the army in Enugu State. The offences of the accused army personnel include murder, defilement, manslaughter, extortion and assault on civilians. Inaugurating the court martial on Tuesday in … Read more

President Donald Trump has said Ukraine President, Volodymyr Zelenskyy went to a war he knew he was never going to win. Naija News reports that President Trump also accused Zelenskyy of playing former President Joe Biden into supporting the war. In a statement on his Truth social handle, Trump blasted the European Union for failing … Read more

The Nigerian equities market recovered from the recent bearish sentiment on Wednesday, February 19, 2025, as investors gained ₦504 billion on the trading floor of the Nigerian Exchange Group (NGX). This follows a surge in the share prices of stocks like BUAFOODS, RTBRISCOE, and ETERNA amongst others on the trading floor. After five hours of … Read more

The Department of State Services (DSS) on Wednesday stopped a former Abia State House of Assembly member, Obinna Ichita from visiting the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. The security outfit also stopped Kanu’s legal team and his family from gaining access to him. Kanu’s lead counsel, Aloy Ejimakor made the … Read more