Alleged Money Laundering: Binance Executive Slumps In Court

  The trial of detained Binance executive, Tigran Gambaryan, at the Federal High Court in Abuja took a dramatic turn following the defendant’s collapse in court on Thursday. At the resumed trial, the defendant failed to enter the dock when he was called upon by the court registrar for continuation of trial as he remained […]

EXTRA: Reps pass bill to return to old National Anthem

  The House of Representatives on Thursday passed a bill seeking to return Nigeria back to reciting the old National Anthem “Nigeria, We Hail Thee’ and discard the present one, ‘Arise O’ Compatriots. People Talk: On sale of new Naira notes at Nigerian parties0:00 / 1:00 Sponsored by the House Leader, Hon. Julius Ihonvbere, the […]

DAILIES TOP STORIES: Electricity subsidy gulps N629bn as Discos generate N1.1tn

  Thursday 23 May 2024 First anniversary: Tinubu directs 47 ministers to showcase scorecards Labour wants N497,000, FG laments paucity of funds Reps want seized property converted to govt offices FG bans money ritual, smoking scenes in Nollywood films Teesside varsity stops Nigerian students programmes, ordered to leave UK Prove claim military is profiting from terrorism, DHQ tells […]

CBN orders existing BDCs to reapply for new license

  The Central Bank of Nigeria, CBN yesterday released new operational guidelines for Bureau De Change, BDCs, and directing existing operators to reapply for new licenses and six six-month deadlines to meet the new minimum capital requirements. The new guidelines introduce two categories of BDCs, Tier 1 and Tier 2, with minimum capital requirements of […]