The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has fined Binance, a popular cryptocurrency platform, “$6 million for violating the country’s money laundering and terrorist financing laws”. According to international media, the fine is valued in Canadian dollars, bringing the total amount to USD4.38 million when converted. In a recent statement on its …
Read More »Glo to unveil innovation hubs to drive digitalization- Bella Disu
The Executive Vice Chairman of Globacom, Mrs. Bella Disu, says the company is poised to help drive the realization of the Federal Government’s digitalization agenda. She stated this at the launch of Nigeria’s Digital Economy Report themed ‘Driving Economic Growth through Digital Transformation’ on Thursday at the Transcorp Hilton Hotel, …
Read More »Daniel Oyekan’s BlockFinex offers leading crypto and fiat exchange platform
Daniel Oyekan Daniel Oyekan has established BlockFinex as a major player in the world of cryptocurrency, offering users an easy and secure way to trade both crypto and fiat currencies. His vision for BlockFinex is rooted in his desire to create a seamless, user-friendly platform that simplifies the complex …
Read More »FG paid Lagos N3.9bn as derivation for being oil producing state – LASG
From left: Permanent Secretary Ministry of Energy and Mineral Resources, Engr(Mrs ) Sholabomi Shashore; Special Adviser to Governor on Mineral Resources, Engr. Abiola Olowu; Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye and Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during the Ministerial Press Briefing by the Ministry …
Read More »Imo CP Arrests Officers For Assulting, Extorting US Returnee
The Imo State Police Commissioner has arrested three police officers for assulting, brutalizing and extorting Mr. Tochukwu Ukazu who lives in New York but returned to Nigeria to visit his family. The arrest of the police officers was made after the Rule of Law and Accountability Advocacy Centre (RULAAC) made …
Read More »Chevron Pledges Partnership With NNPCL To Develop Gas Resources
… Applauds NUPRC’s Role In Opening Up Oil And Gas Industry With Regulation Chevron Nigeria Limited said it is excited about improved regulations for the oil and gas industry and will continue to partner with the Nigerian National Petroleum Company Ltd in developing gas resources in Africa’s biggest economy. The …
Read More »Oil Derivation Fund: Lagos Receives N3.78bn In One Year
Governor of Lagos state, Babajide Sanwo-Olu The Lagos State government has said that it received N3.78bn between 2020-2021 as its share of 13 percent oil derivation fund from the Federal Government. The Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, disclosed this on Wednesday during a ministerial press …
Read More »ZENITH BANK’S LANDMARK N125.59 BILLION DIVIDEND PAYOUT EXCITES SHAREHOLDERS
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a …
Read More »EFCC Drags Buhari’s Ex-Minister Hadi Sirika, Daughter To Court Over Fraud
Former Aviation Minister, Hadi Sirika, is set to face trial on Thursday before Justice Sylvanus Oriji of the High Court of the Federal Capital Territory (FCT), Maitama, over allegations of abuse of office and fraudulent contracts awarded during his tenure. Sirika, who served under the administration of former President Muhammadu Buhari, …
Read More »Kaduna High court Jails Fake American, Two others
Justice A.A Isiaka of the Kaduna State High Court, sitting in Kaduna has convicted and sentenced a fake American, Stephen Thomas to five years imprisonment. He was jailed after pleading guilty to a one-count charge bordering on impersonation by the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC. His charge reads: “That you, Stephen …
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