The fine is a direct response to what the Nigerian authorities describe as Binance’s unauthorized financial activities within the country, which they believe have significantly contributed to the recent devaluation of the Naira.
This action underscores the platform’s significant influence on foreign exchange rates and its potential to disrupt the Nigerian economy, as emphasized by Onanuga.
He highlighted the crucial role of collaborative efforts between various countries—including Canada, Denmark, Finland, France, Luxembourg, Norway, the Republic of Korea, Sweden, and the United Kingdom—in covering the transportation costs of wheat from Ukraine to Nigeria.
This project, which is to be constructed in phases using both asphalt and concrete, signifies a major investment in the nation’s infrastructure, totaling 744 kilometers of dual carriageway.
This case came to light when the Kano Zonal Command of the Economic and Financial Crimes Commission (EFCC) arraigned the individuals on a charge each, for their illicit engagement in the financial operations of a bureau de change without obtaining the required license.
This deliberate act of sabotage has resulted in a substantial decrease in the power supply to Abuja, reducing it by 250 megawatts and impacting the bulk power supply flexibility to the city.
This situation has led to a dire scenario where the cost of water treatment is no longer factored into production costs, with the focus solely on material costs due to the unpredictable and significant price hikes from nylon producers.
When it comes to digestion, the blend of mangoes (rich in sugar) and the carbonated, sugary nature of Coke can lead to some notable reactions.
The match’s solitary goal came from the boot of Esther Okoronkwo in the 14th minute, a moment that sparked jubilant celebrations among the Nigerian players and fans alike
The upcoming forum presents an opportunity for both nations to explore and deepen their economic ties, promising a significant impact on bilateral cooperation.
The successful military engagement at the Aliero West axis underscores the Nigerian armed forces’ intensified efforts to dismantle terrorist networks in the North West, aiming to restore peace and enable uninterrupted agricultural activities.
The NDLEA’s intensive investigation has resulted in the arrest of key figures involved in this smuggling operation.
Ekpa had earlier announced on social media that Powerful was arrested in Ghana, sparking widespread speculation.
This announcement comes in the wake of circulating rumors and a leaked document suggesting that Qatar had initially declined President Tinubu’s request for a visit
The move comes after intense discussions on the ramifications of such sanctions, with a spotlight on the need to alleviate the economic hardships faced by the citizens of these nations.
Herbert Wigwe, alongside his wife, son, and the former Group Chairman of Nigerian Exchange Group Plc (NGX Group), Abimbola Ogunbanjo, were passengers in the ill-fated Airbus Helicopters EC 130B4, registered as N130CZ.
This development marks a notable instance where diplomatic and economic engagements between Nigeria and a Gulf country have faced challenges.
Alade’s appointment, however, awaits confirmation by the Nigerian Senate, marking the beginning of a new chapter for AMCON under President Tinubu’s administration.
To combat this outbreak, the NCDC has leveraged its Incident Management System, enhancing the distribution of essential medical supplies to Lassa fever treatment centers nationwide.
The day meant for love and companionship took a heartbreaking twist when the cleric, after leading a group of 16 youths from his Gbagada parish for a festive gathering, went missing under mysterious circumstances.
