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NIGERIA LEADS WORLDWIDE IN CRYPTO OWNERSHIP Nigeria leads the world in crypto ownership, according to ConsenSys’ second annual Global Survey. The report indicated that emerging markets like Nigeria and South Africa are driving the global adoption of cryptocurrencies. The percentage of ownership is highest in the Philippines (54%), South Africa (68%), and Nigeria (73%). These countries are at the forefront …

RESIDENT NON-INDIGENES DECLARE 15ANAMBRA LGAS INSECURE Non-indigenes residing in Anambra State have raised concerns over escalating insecurity, declaring 15 out of the state’s 21 local government areas (LGAs) as unsafe. Speaking through their chairman, Alhaji Abubakar Sani, and secretary, Chief Adebayo Adewusi, the group called on Governor Chukwuma Soludo to declare a state of emergency in the affected areas. They …

NNPCL SUPPORTED DANGOTE REFINERY ESTABLISHMENT WITH $1 BILLION LOAN – OFFICIAL The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude oil to support the coming on stream of the 650,000 barrels per day capacity Dangote Petroleum Refinery. It also stated that the firm facilitated the $3bn Gazelle loan as a critical intervention to …

EFCC ARRESTS 193 FOREIGNERS, 599 SUSPECTED NIGERIAN CRYPTO FRAUDSTERS The Economic and Financial Crimes Commission (EFCC) said it has carried out its largest single-day operation against cryptocurrency and romance scam networks, arresting 193 foreigners and 599 Nigerian suspects in Lagos. The commission’s spokesman, Wilson Uwujaren, disclosed this to journalists in Lagos yesterday. Uwujaren said among the 193 foreigners are Chinese, …

CONFUSION AT CCT AS TWO MEN PARADE SELVES AS TRIBUNAL CHAIRMAN There is confusion at the Code of Conduct Tribunal (CCT) as embattled chairman, Danladi Umar and the newly appointed chairman, Mainasara Kogo, are laying claim to its chairmanship. Inquiries indicate that both persons have officially visited and held discussions with staff of the tribunal without any clear directive on …

BENIN REPUBLIC ELECTORAL COMMISSION IN NIGERIA TO UNDERSTUDY INEC Chairman of the Independent National Electoral Commission, INEC, has promised to share the Commission’s experience and make available relevant documents to help the Commission Electorale Nationale Autonomie, CENA of Benin Republic conduct their elections in 2026. Yakubu was addressing a visiting delegation from the Commission Electorale Nationale Autonomie, CENA of Benin …

TOUGH FESTIVE SEASON AWAITS NIGERIANS AMID UNTAMED INFLATION SPIKE A tough festive season lies ahead for Nigerians as the country’s headline and food inflation rates worsened under President Bola Ahmed Tinubu’s administration. Economists and financial analysts believe the government’s interventions to tame inflation are not enough, the reason it has continued to rise, hitting 34.60 percent in November. They also …

TINUBU ASKS NIGERIAN MEDIA TO SUPPORT TAX REFORMS, LISTS BENEFITS President Bola Tinubu has appealed to the Nigerian media to support his administration’s proposed tax reforms for sustainable wealth creation. Tinubu’s appeal was made known in a statement issued on Monday by the Special Assistant on Media to the Minister of Information and National Orientation, Rabiu Ibrahim, who said that …

ENUGU SEEKS UNESCO HERITAGE STATUS FOR MILLIKEN HILL, IVA VALLEY, OTHER SITES Enugu State Governor, Peter Mbah is seeking to partner with the Ministry of Art, Culture, Tourism and the Creative Economy to recognize some heritage sites in the state, including the historic Milliken Hills and Iva Valley. A statement by the Special Assistant on Media & Publicity, Nneka Ikem …

TINUBU APPOINTS EIGHT NEW PERMANENT SECRETARIES FOR FEDERAL CIVIL SERVICE President Bola Tinubu has approved the appointment of eight permanent secretaries in the Federal Civil Service. The new appointees are expected to fill existing and impending vacancies in some states and geopolitical zones. A statement by Tinubu’s media aide, Bayo Onanuga, listed the appointees as Onwusoro Maduka Ihemelandu (Abia State), …