Thursday, May 2

‘Ruger suggests collaboration between Davido, Wizkid, and Burna Boy’
2May By Isaac EghosaNo Comments
Entertainment

‘Ruger suggests collaboration between Davido, Wizkid, and Burna Boy’

In a recent statement, Nigerian artist Ruger expressed his views on the rivalry among Afrobeats sensations Davido, Wizkid, and Burna Boy. He proposed that the three should set aside any competition and work together on a joint project. Ruger, the head of Blown Boy, conveyed his optimism that a collaborative effort and a shared global tour among the three artists would not only be significant for them individually but also for the Afrobeats genre as a whole. During a discussion on Madame Joyce’s 'Cocktails & Takeaways' podcast, Ruger revealed his decision to collaborate with BNXN as a way to move forward from any existing conflicts. He remarked, “I believe that Davido, Wizkid, and Burna Boy should come together for a single track and embark on a world tour. They don’t necessarily need ...
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Legal Proceedings on Binance: Trial for Alleged $35m Money Laundering Postponed by Court
2May By Mariam AbdullahiNo Comments
News

Legal Proceedings on Binance: Trial for Alleged $35m Money Laundering Postponed by Court

On Thursday, an Abuja Federal High Court decided to adjourn the money laundering trial involving Binance and two of its executives to May 13. The trial concerns Binance, Tigran Gambaryan, a U.S. citizen and head of financial crime, and Nadeem Anjarwalla, who are accused of laundering over $35 million. Economic and Financial Crimes Commission (EFCC) initiated the lawsuit, which was scheduled to resume on May 2 but got adjourned. Anjarwalla, a British Kenyan, reportedly fled Nigerian authorities and is now in Kenya. Furthermore, the court postponed a tax evasion trial against cryptocurrency exchange Binance and the two executives to May 17 due to a delay in formally serving the charges to the exchange. Gambaryan's lawyer, Chukwuka Ikuazom, raised an objection, citing Nigerian law that re...
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EFCC Chairman Amazed by 17-Year-Old Hacker’s Exceptional IT Skills
2May By Mariam AbdullahiNo Comments
Headlines

EFCC Chairman Amazed by 17-Year-Old Hacker’s Exceptional IT Skills

An intriguing incident took place where the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, shared how a 17-year-old hacker managed to hack into both his personal computer and bank account while being interrogated at his office in Lagos. In a recent chat with editors at the EFCC Headquarters in Jabi, Abuja, Olukoyede recounted the moment when the young hacker flawlessly bypassed the security measures of his locked computer right in front of him. Olukoyede narrated, “I brought a seventeen-year-old boy, who is studying History and Anthropology, to my Lagos office. Despite not having a science-related background, the individual showcased some impressive skills on my laptop.” “He asked for my number, obtained my BVN through it, and even ment...
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FCMB Plans to Increase Capital by N150bn
2May By Mariam AbdullahiNo Comments
Headlines

FCMB Plans to Increase Capital by N150bn

Plans are underway at FCMB Group to seek shareholders’ approval for raising approximately N150bn in additional capital, as revealed by the company in its Annual General Meeting notice submitted to the Nigerian Exchange Limited on Wednesday. The decision follows a recent directive from the Central Bank of Nigeria for Deposit Money Banks to recapitalize, particularly with banks holding international licenses expected to raise theirs to N500bn. Complying with the mandate, the CBN outlined three options for the banking sector: issuance of new common shares through public offers, rights issues, or private placements; mergers and acquisitions; and license category upgrades or downgrades. Various banking groups such as Access Holdings, FBN Holdings, Guaranty Trust Hold...
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Man, 27, Charged with Phone Theft by Nigeria Police
2May By Ofomata EdidiongNo Comments
Metro

Man, 27, Charged with Phone Theft by Nigeria Police

Charged for alleged theft, a 27-year-old man named Medoye Abayomi was brought before a Badagry Chief Magistrates’ Court in Lagos by the police. Addressed as unknown, the defendant was accused of housebreaking and theft in two separate counts. Pleading not guilty to the charges, the defendant faced allegations from the Prosecutor, ASP Clément Okuiomose, who informed the court that the incident took place on January 5 around 10:00 pm at Kilometre 20, Badagry Expressway, Okokomaiko area of Lagos. The prosecution claimed that the defendant unlawfully entered the residence of Reuben Ochei with the intent to commit a crime. The Prosecutor further alleged that the defendant stole items including an Infinix Smart 6 phone valued at N100,000, and other belongings whose worth is yet to be estimat...
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Oshiomhole: N30,000 Minimum Wage Ridiculous
2May By Mariam AbdullahiNo Comments
News

Oshiomhole: N30,000 Minimum Wage Ridiculous

Describing the current N30,000 minimum wage as inadequate, Edo North Senator, Adams Oshiomhole expressed his views on the matter. Oshiomhole emphasized the necessity of increasing workers' pay in light of the current economic situation marked by soaring prices. During an appearance on Channels Television's program 'Politics Today,' the lawmaker highlighted the consensus among Nigerian workers, the Federal Government, and state governments regarding the urgency of raising the minimum wage. He pointed out, "There is a general agreement among employers, both in the private and public sectors, as well as the Federal and state governments, that the current 30,000 Naira minimum wage is inadequate." Addressing the drastic decline in purchasing power affecting workers at all levels, inc...
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Court appearance linked to the murder of 14-year-old Daniel Anjorin
2May By Mariam AbdullahiNo Comments
Headlines

Court appearance linked to the murder of 14-year-old Daniel Anjorin

Recently, a man stood trial for the alleged murder of Daniel Anjorin, a 14-year-old victim of a fatal sword attack in London. Reports from Sky News suggest that the accused, Marcus Aurelio Arduini Monzo, a Spanish-Brazilian national residing in Newham, east London, is facing multiple charges. Image credit: The Guardian UK The charges against Monzo encompass two counts of attempted murder, two counts of grievous bodily harm, aggravated burglary, and possession of a bladed article, as announced by the police. During the incident, which occurred on Tuesday, four individuals, including two Metropolitan Police officers, sustained injuries. Aged 36, Monzo appeared before Westminster Magistrates’ Court and was subsequently remanded in custody earlier today. He is expected to r...
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Fire Erupts as Hoodlums Clash in Lagos, Market Set Ablaze
2May By Mariam AbdullahiNo Comments
Headlines

Fire Erupts as Hoodlums Clash in Lagos, Market Set Ablaze

A clash between hoodlums in Lagos State's Ile-Epo area resulted in numerous injuries. Reports from Punch Metro indicate that the conflict began on Wednesday night at a local market and extended into Thursday morning. During the altercation, several shops were set on fire, and goods were vandalized. Our correspondent, upon reaching the scene, discovered that police intervention was hindered by the hoodlums. This morning, a fire service truck attempting to enter the market was repelled when it was bombarded with stones. View additional photos from the fire incident. People observing the fire More information to follow… ...
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Man detained for arranging an underage marriage for his daughter
2May By Mariam AbdullahiNo Comments
Headlines

Man detained for arranging an underage marriage for his daughter

An individual named Uzochukwu Okoli has been taken into custody by the Anambra State Government for arranging a marriage for his underage daughter. The arrest of Okoli came after his daughter reported the mistreatment she was enduring from both her father and the man she was forced to marry to the state Ministry of Women and Social Welfare. This information was revealed in a statement provided by Chidimma Ikeanyionwu, who serves as the Media Aide to the state Commissioner for Women and Social Welfare, Ify Obinabo, on Thursday. The girl, known as Chioma and currently 16 years old, informed the ministry that following the death of their mother, her father brought her back from Edo State where they were attending school to give her hand in marriage. According to t...
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Man detained for arranging underage daughter’s marriage
2May By Mariam AbdullahiNo Comments
Headlines

Man detained for arranging underage daughter’s marriage

Authorities in Anambra State have apprehended Uzochukwu Okoli for arranging the marriage of his underage daughter. The arrest of Okoli transpired after his daughter informed the state Ministry of Women and Social Welfare about the mistreatment she was enduring from her father and the man to whom she was forcefully married. This information was disclosed through a statement issued by Chidimma Ikeanyionwu, the Media Aide to the state Commissioner for Women and Social Welfare, Ify Obinabo, on Thursday. According to Ikeanyionwu, the daughter, known as Chioma and currently aged 16, reported to the ministry that following the passing of their mother, her father brought her back from Edo State, where they were attending school, in order to marry her off. ...
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