The Federal Government of Nigeria has initiated a new lawsuit against cryptocurrency exchange, Binance, demanding payment of ₦79.51 billion and ₦231 million—equivalent to $81.5 billion—for alleged economic losses linked to its operations in the country. The Federal Inland Revenue Service (FIRS), acting as the plaintiff, filed the lawsuit at the Federal High Court in Abuja … Read more
On Wednesday, the United States Conference of Catholic Bishops (USCCB), instituted a legal action against President Donald Trump’s administration for putting a stop to the funding of refugee resettlement program. In the suit sighted by New Telegraph, the USCCB sought to block President Trump from halting funding for various government programs and agencies. The suit … Read more
General Christopher Musa, the Chief of Defence Staff (CDS) has said that Nigeria deserves all the needed respect in the global space. Speaking on his ordeal at the Canadian Embassy after he was denied visa alongside other senior officers of the Nigerian Military, Musa said Nigeria will not tolerate any form disrespect from foreign nations. … Read more
The Federal Government has filed a lawsuit against Binance Holdings Limited at the Federal High Court in Abuja, seeking $79.51 billion and ₦231 million in compensation for alleged economic losses caused by the cryptocurrency exchange’s operations in Nigeria. The lawsuit, FHC/ABJ/CS/1444/2024, also demands $2.001 billion in income taxes for 2022 and 2023. The Federal Inland … Read more
The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has denied rumours that she has resigned from her position. Her Chief Press Secretary, Segun Ajiboye, clarified on Wednesday that the information is false. He stated that both he and the Speaker were at work and had no idea where the rumour originated. The … Read more
Apex Igbo socio-political organisation, Ohanaeze Ndigbo has expressed deep sorrow over the death of Chief Edwin Clark, noting that “Ndigbo have lost a true compatriot and reliable partner in the struggle for a nation where all ethnic nationalites deserve fair access to national weath and meaningful participation in decision making.” Chief Clark died in Abuja … Read more
With the unemployment statistics in Nigeria becoming unbearable and the economic situation also on the downside, with food and core inflation on the rise monthly, it is obvious that Nigeria needs to urgently devise means to get out of the woods. One of such means could be through upscaling of skills through skill acquisition mechanisms … Read more
The Federal Government of Nigeria has filed a lawsuit against cryptocurrency exchange company Binance Holdings Limited, demanding $79.51 billion and ₦231 million in compensation for alleged economic losses caused by its operations in the country. The lawsuit, filed by the Federal Inland Revenue Service (FIRS) at the Federal High Court in Abuja, also seeks an … Read more
Operatives of the Enugu Police Command have apprehended nine male suspects in various operations throughout the state. According to a statement from the command’s spokesperson, SP Daniel Ndukwe, the suspects were arrested for unlawful possession of firearms and ammunition, as well as for theft of tricycles and generators, vandalism, and the pilfering of streetlight poles … Read more
The Minister of State for Industries, Trade and Investment, Senator John Owan Enoh has challenged industries operating in the country to upgrade their facilities in order to benefit from incentives put together by the Federal Government. Enoh threw the challenge on Wednesday in Ikom, Central Senatorial District of Cross River State when he inspected Ikom Cocoa … Read more