The Nigerian government has blocked the online platforms of Binance and other crypto firms to avert what it considers continuous manipulation of the forex market and illicit movement of funds. Sources within the major telecommunication companies in the country told PREMIUM TIMES Wednesday evening that the Nigerian Communications Commission (NCC) …

British-Nigerian cosmetic doctor Oluwafemi “Tijion” Esho has been accused of having sex with a “vulnerable” patient at one of his clinics after having an improper emotional relationship with her. According to Daily Mail, Dr Esho, also exchanged a series of X-rated messages with the woman – a sex worker – …

Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has accused the President of the Senate, Godswill Akpabio, of making defamatory statements against him and his now demanding an apology and a huge sum of money. Emefieledemands apology, N25bn from Akpabio over alleged defamationEmefieledemands apology, N25bn from …

The naira Tuesday slid further at the parallel market in spite of the clampdown the federal government ordered on foreign exchange market speculators. Bureau De Change (BDC) hubs were raided in Abuja, Lagos and Kano and some operators were arrested. Despite the raids, however, the naira plunged further with a …

The Nigeria Customs Service (NCS) says it is working to distribute some seized food items nationwide as the biting food crisis continues in the country. According to the National Public Relations, CSC Abdullahi Maiwada, the food items will be distributed after they are certified fit for human consumption. In a …

The price of Premium Motor Spirit (PMS), popularly known as petrol, in Nigeria, remains the cheapest in West Africa despite the exchange rate standing at N1,555 per dollar, indicating that subsidy on the product was reduced not removed as claimed by the federal government. Data obtained from the Global Petrol …

The Federal Government has resolved to audit the N23 trillion Ways and Means debt hanging on its neck.The Minister of Finance and Coordinating Minister for the Economy Mr Wale Edun announced at the ongoing Public Wealth Management Conference organised by the Ministry of Finance Incorporated (MoFI) As a measure to …

The Obafemi Awolowo University (OAU) community was on Monday thrown into mourning after a lion at the school’s zoo killed a veterinary technologist Olabode Olawuyi. According to the school’s spokesman Abiodun Olarewaju, the victim who has been in charge of the Zoological garden for over a decade was attacked on …

Man Who Gave Wife His Kidney Demanded She Return It Or Pay $1.5m After She Filed For Divorce He claimed that she had an affair. Divorce can be a difficult and bitter process, but one man took things to a whole other level when his wife filed to bring their …

The Federal Government has commenced the payment of the withheld salaries of academics under the aegis of the Academic Staff Union of Universities. The chairperson of ASUU at the Federal University of Technology, Minna, Prof. Gbolahan Bolarin, who confirmed the development on the record, said, “Yes, it is true. Payment …