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FG To Ban Naira From Crypto Trading Platforms

The Acting Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, is advocating for a new cryptocurrency measure that aims to remove the naira as a currency pair from cryptocurrency peer-to-peer platforms. During a virtual meeting with the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), he stressed the need to clean up…

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UNICROSS VC Suspended Over Alleged Gross Misconduct

Professor Augustine Angba, Vice-Chancellor of the University of Cross River State (UNICROSS), has been suspended by the university’s governing council over allegations of gross misconduct. The decision was taken at the Governing Council meeting on Monday, May 6, 2024, which voted to relieve Angba of his duties with immediate effect. The Council has appointed Professor…

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Lagos to experience morning, afternoon thunderstorms for 3 days –NiMeT

The Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Monday to Wednesday across the country. NiMet’s weather outlook released on Sunday in Abuja forecasts sunny and hazy conditions on Monday over parts of Yobe, Jigawa, Kano and Katsina states throughout the forecast period with chances of morning thunderstorms over parts of Taraba state….

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Ikeja Electric Cuts Tariff For Band A Customers

The Ikeja Electricity Distribution Company has announced a reduction in the tariff for customers under Band A classification from N225 per kilowatt-hour to N206.80kw/hThis is coming about a month after the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A category to N225 per kwh — from…

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AfDB to partner Ogun on special agro industrial processing zone

The African Development Bank (AfDB) has described Ogun State as a powerful ally in its development programmes and project implementation.The Special Adviser to the President of the Bank on Industrialization, Professor Banji Oyelaran-Oyeyinka, made the assertion in an interview at the weekend, after a meeting with Governor Dapo Abiodun at the Governor’s Office, Oke-Mosan, Abeokuta….

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LASG Issues 48 Hour Ultimatum To Illegal Occupants Of Abandoned Ikoyi Towers

Lagos State Government has issued a 48 hours ultimatum to illegal squatters at abandoned Ikoyi Towers, Lagos Island to evacuate. Commissioner for the Environment and Water Resources, Tokunbo Wahab, gave the notice on, during an inspection of some identified sites, including the abandoned Federal Government property, Ikoyi Towers. Wahab said the quit notice has become…

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