A coalition of civil society organisations (CSO) have lauded the Independent National Electoral Commission for a credible conduct of the recent delineation of wards and polling units in the Warri Federal Constituency which includes Warri South,Warri West, and Warri South West local government areas of Delta State. Addressing reporters on Tuesday on behalf of the…
Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured approvals from the Central Bank of Kenya (CBK) and Kenya’s National Treasury and Economic Planning for the acquisition of 100% shareholding of the National Bank of Kenya (NBK). Access Bank is acquiring NBK through the purchase of NBK shares from KCB Group PLC,…
VOLUNTARY RETIREMENT FROM SERVICE. This present is intended to convey my decision to voluntarily retire my appointment as Magistrate of the Judiciary of Rivers State. This difficult and regrettable decision is informed largely by my discomfort with the recent appointment of a quasi-military administration to run the affairs of a modern State like ours. Milord…
The Securities and Exchange Commission (SEC) has reacted to the operations of CBEX, a digital asset trading platform in Nigeria, saying any of such platform not registered with the SEC is illegal. This comes amidst the rumors of closure of the platforms over the inability of users to withdraw their funds over the weekend. Speaking…
A member of the Board of Trustees of the Peoples Democratic Party (PDP), Chief Bode George, says the party will meet its end if former Vice President Atiku Abubakar secures the party’s 2027 presidential ticket, TheDay Nigeria reports. “If he (Atiku) picks it (PDP’s ticket), that is the end of this party. If he picks it by…
Dele Momodu, the publisher of Ovation Magazine, says governors elected on the platform of the Peoples Democratic Party (PDP) who are against the possibility of a coalition ahead of the 2027 elections may secretly be working for President Bola Tinubu.In a statement on Monday, the PDP governors ruled out the possibility of a merger or coalition…
The Deputy Governor of Lagos State, Obafemi Hamzat, has cried out that the utility company supplying electricity to his quarters raised his bill from N2.7m in March to N29m in April.Hamzat said the DisCo also frustrated his efforts to get metered despite paying for a prepaid meter.The deputy governor said this Monday at a roundtable held…
The agrarian communities of the Uzo-Uwani Local Government Area in Enugu State are living in fear as insurgents, reportedly herdsmen, intensify their attacks, leaving a trail of death and destruction. At least 25 people have lost their lives, and many more are injured, with families fleeing to neighbouring states in search of safety. The local…
Ponzi schemes, fraudulent investment scams promising high returns with little risk, have plagued Nigeria for decades, exploiting economic vulnerabilities and the allure of quick wealth. From the infamous Mavrodi Mondial Moneybox (MMM) in the mid-2010s to the recent CBEX controversy, these schemes have left a trail of financial ruin, eroded trust, and exposed regulatory gaps. This piece…
CBEX ST has crashed all money on assets gone , the app and their website is still accessible as at 5:40 pm today Monday 14th April 2025, but people’s money on the app already gone,
