Three Nigerians have been extradited from the United Kingdom and arrived in the United States over an alleged involvement in multi-million dollar cyber fraud schemes. The defendants are Oludayo Kolawole John Adeagbo also known as John Edwards or John Dayo, a 43-year-old Nigerian citizen and UK resident, Donald Ikenna Echeazu …
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Elon Musk, the richest man in the world, has decreased his stake in Tesla. By selling a portion of his shares, the billionaire removed $6.9 billion from his investment in the automaker. Recall that the business investor sold $8.5 billion worth of shares in April, with the billionaire telling his …
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Mallam Bolaji Abdullahi, a former Minister of Sports and Youth Development, has said the All Progressives Congress (APC) has brought Nigeria to its knees. Abdullahi verdict on the performance of the ruling party is coming ahead of the 2023 general elections, noting that things Nigerians thought could not happen in the …
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Seplat Energy has refuted allegations of wrongdoing in the approval process for the purchase of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, an American multinational oil company. Seplat Energy said in a statement on Wednesday that the allegations of wrongdoing to win President Muhammadu Buhari’s approval had caught their attention. …
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The Naira, the national currency of Nigeria, slightly strengthened against the dollar on Wednesday in both the official and parallel foreign exchange (forex) markets. The value of the Naira was confirmed to have exchanged at N675 to the dollar as opposed to N680 per dollar on Tuesday by bureaux de …
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The Central Bank of Nigeria (CBN) has stated that Nigeria cannot stop borrowing, especially when it is necessary as part of fiscal responsibility. Godwin Emefiele, the governor of the Central Bank of Nigeria, made this statement at a national dialogue on Nigeria’s mounting debt, titled: “The Rising Public Debt in Nigeria …
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The Federal Government has projected that it is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy. This projection was made by the Budget Office of the Federation and revealed in its 2023 – 2025 Medium Term …
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Real Madrid will receive €5 million from UEFA for defeating Eintracht Frankfurt to win this year’s UEFA Super Cup. According to Bolavip, the main soccer governing body in Europe will also give Eintracht Frankfurt €3,800,000 as compensation for losing to Real Madrid in the UEFA Super Cup final. The estimated prize …
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Two more terrorists suspected to be members of the Islamic State of the West African Province (ISWAP) have been arrested in connection with the attack on St Francis Catholic Church, Owo, Ondo State, months ago. Recall that the Ondo State governor, Oluwarotimi Akeredolu, and the military had on Tuesday confirmed that …
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Governor David Umahi of Ebonyi State, yesterday, said even though the demand by the Academic Staff Union of University (ASUU) is genuine, there is no way the country will borrow N1.1 trillion to meet the union’s demand. Umahi, in a statement, when he received members of the Nigeria Police Trust …
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