The notorious Crypto Bridge Exchange (CBEX) Ponzi scheme has reportedly resumed operations in Nigeria, demanding payments from investors to recover their lost funds. After abruptly shutting down and absconding with hundreds of thousands of dollars, CBEX has restored account balances for some investors, but with a catch. Investors are required to pay $200 […]
Former Abia State Governor and Senate Chief Whip, Orji Uzor Kalu, has emphasized that reinstating fuel subsidies in Nigeria would be a step backward, describing the previous subsidy regime as a “scam.” Kalu praised President Bola Tinubu’s economic policies, stating that they will soon yield positive results and stabilize the nation’s economy. According […]
A leading governorship aspirant of the All Progressives Congress (APC) in Osun State, Mr. Bola Oyebamiji, has assured that the party’s governorship primary election will be a “friendly contest” among the contenders. Oyebamiji, who is also the Managing Director of the National Inland Waterways (NIWA), made this statement over the weekend at a prayer session […]
Niger State Governor, Mohammed Umaru Bago, has revealed that the devastating floodwaters that ravaged Mokwa Local Government Area, claiming nearly 200 lives, may have originated from outside Nigeria, possibly from Niger Republic or other parts of Africa. The governor made this statement during a condolence visit from Borno State Governor, Babagana Zulum. According […]
The Kogi State Government has warned citizens, media, and political actors against spreading fear or politicising the state’s security challenges. In a statement released by the Commissioner for Information and Communications, Kingsley Femi Fanwo, on Tuesday, the government reaffirmed its commitment to combating insecurity in the state. According to the statement, the government has been […]
A devastating fire outbreak occurred on Tuesday in the Odinjo area of Ibadan, Oyo State, when a 33,000 litres capacity petrol tanker suddenly caught fire. The incident, which happened near Muslim Grammar School on the Lagos-Ibadan highway, sent shockwaves of panic through the community, forcing residents and shop owners to flee for safety. Fortunately, despite […]
A distraught family staged a protest at the Lagos University Teaching Hospital (LUTH) after the hospital allegedly refused to release the body of their loved one, Qudus, due to an outstanding bill of N1.9 million. The family claims that they spent approximately N200,000 daily on medication, milk, and other expenses during Qudus’ 15-day stay […]
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), paid a courtesy visit to the Alaafin of Oyo, Oba Abimbola Owoade I, at the monarch’s palace in Oyo town. The visit was announced through a Facebook post by Ajísebí Ọ̀yọ́ Radio, which shared photos from the event. According […]
The Nigerian Stock Exchange (NGX) opened on a bearish note on Tuesday, recording a sharp loss of ₦378 billion in market capitalization as trading resumed after the public holidays. Data from the NGX showed that the market capitalization dropped from ₦56.18 trillion at the close of the previous session to ₦55.80 trillion. Similarly, the All-Share […]
In a case that has sparked outrage across legal and civil society circles, Nigeria’s Attorney General and Minister of Justice, Lateef Fagbemi (SAN), is facing intense criticism over his handling of an alleged ₦12.3 billion fraud case involving prominent businessman and former First Bank Chairman, Oba Otudeko. Investigations by Sahara Reporters have revealed that despite […]
