Former Governor of Lagos State, Alhaji Lateef Jakande, is dead. He reportedly died on Thursday at the age of 91. Jakande, aka Baba Kekere, brought a lot of development to Lagos as governor between October 1, 1979 and December 31,…
Central Bank of Nigeria bans banks from servicing crypto exchanges
The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was contained in a circular issued by the CBN on Friday. According to the central…
NDLEA seizes cocaine worth over N30 billion at Lagos airport in 3 days
The National Drug Law Enforcement Agency (NDLEA) has made huge seizures of cocaine and heroin with street value of over N30 billion in Lagos State. The drugs were intercepted in three major busts carried out at the Murtala Muhammed International…
Trump leaves White House, skipping Biden inauguration
President Donald Trump left the White House for the last time on Wednesday, skipping the inauguration of successor Joe Biden as the 46th US president in an extraordinary break with tradition. Drawing a curtain on the most tumultuous administration of…
Nigeria launches ‘biggest job creation scheme’ in its history after long delay
Nigeria has launched a much-delayed programme that promises to provide jobs for more than 750,000 young people amid worsening youth unemployment. The scheme, launched this month, is being hailed by government officials as the largest job creation initiative in the…
US Congress certifies Biden win over Trump
Congress formally certified Joe Biden as the next US president on Thursday, dealing a hammer blow to Donald Trump whose supporters stormed the Capitol hours earlier, triggering unprecedented scenes of mayhem in the seat of American democracy. Lawmakers in the…
MTNN Granted Approval to Conduct NIN Registrations by the NCC
Event: MTNN granted approval to conduct NIN registrations by the NCC Implications: Stagnation of subscriber base pending completion of the audit. No impact on market share, and FY ’20 revenue and earnings. Potential negative impact on Q1 ’20 revenues and earnings if…
Record US virus cases as reports say British queen to get vaccine soon
The United States notched a record number of coronavirus cases in 24 hours for the third day running, as it was reported that Britain’s Queen Elizabeth II will get a vaccine within weeks. A tally by Johns Hopkins University showed…
US Mission recognises Nigerian doctor who helped develop COVID-19 vaccine
The U.S. Mission Nigeria has recognised a Nigerian doctor, Dr. Onyema Ogbuagu for his excellent work in the field of medicine. Commenting on Dr. Ogbuagu’s contribution to the breakthrough in Pfizer’s COVID-19 vaccine, the Mission in a Twitter message submitted that, “Nigerians contribute…
Truck carrying $6.6 million worth of Apple goods hijacked by gang
What just happened? Thanks to their high prices, Apple products have long been an enticing target for thieves. But instead of one of its stores being robbed, as is usually the case, a gang in the UK hijacked a truck and…