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Daily Archives: March 5, 2024

Reps Summon Ministers, NPA, Others Over Alleged Fraudulent Seaports Concession

Reps Summon Ministers, NPA, Others Over Alleged Fraudulent Seaports Concession

The House of Representatives on Tuesday invited the Minister of Blue Economy, Gboyega Oyetola and his counterpart in the Transport ministry, Saidu Alkali over alleged fraudulent concession of critical port infrastructure. Also invited are the Managing Director of Nigeria Ports ...

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Facebook, Instagram Log Out Users

Facebook, Instagram Log Out Users

Social media users have complained about abrupt loss of access to their Instagram and Facebook accounts on Tuesday evening, LEADERSHIP has learnt. Down Detector, an internet monitoring website, saw a spike in reports of Meta service outages on Tuesday at ...

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Binance Quits Nigeria, To Stop Naira Services March 8

Binance Quits Nigeria, To Stop Naira Services March 8

Binance, a cryptocurrency trading platform, has said that it will discontinue all Naira services by March 8, 2024. This is coming on the heels of the recent clampdown on its operations and officials by Nigerian regulators. Recall that the special ...

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Respite As CBN Slashes Customs FX Duty Rate By 5.3%

Respite As CBN Slashes Customs FX Duty Rate By 5.3%

Respite appears on the horizon for Nigerians as prices of imported goods and raw materials are expected to nosedive as the Central Bank of Nigeria (CBN), on Monday, reviewed downward the Foreign Exchange on clearance of cargoes at the nation’s ...

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Group Hails Navy For Arresting Oil Thieves, Economic Saboteurs

Group Hails Navy For Arresting Oil Thieves, Economic Saboteurs

The Renewed Hope Ambassadors of Nigeria (RHAN) has applauded the Nigerian Navy’s aggressive onslaught on crude oil theft and other maritime crimes in the Niger Delta region. The group said the Navy’s operations have drastically reduced the negative trend, notably ...

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Activist Demands N10bn Damages From Telecoms For Barring Phone Lines

Activist Demands N10bn Damages From Telecoms For Barring Phone Lines

A rights campaigner, Mr Olukoya Ogungbeje, on Monday filed a suit before a Federal High Court Lagos against telecommunications companies over recent barring of phone lines. Joined as respondents in the suit are the Nigerian Communications Commission (NCC), its Chief ...

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Review Fuel Subsidy Removal, Falana Tells Tinubu

Review Fuel Subsidy Removal, Falana Tells Tinubu

Human rights lawyer Femi Falana (SAN) has asked the President Bola Tinubu  led federal government to review the fuel subsidy removal policy following claims that Nigeria still pays for it. Although Tinubu, on his inauguration as president, declared an end ...

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