Economy General

Ponzi operators risk 10-year jail term, N20m fine – SEC 

Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or both. Thr Director-General of the Securities and Exchange Commission (SEC),  Dr Emomotimi Agama, said it is one of the provisions of the newly signed Investments

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General Sports

Enyimba in Federation Cup for trophy, continental ticket – Defender Ukadike

Enyimba International FC of Aba’s young defensive sensation, Divine Ukadike, says the club, popularly known as the People’s Elephant, is in the Presidential Federation Cup (PFC) for the trophy and continental ticket. The News Agency of Nigeria (NAN) reports that Enyimba FC will on Wednesday face PFC holders, Elkanemi Warriors FC of Maiduguri, in a

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General Technology

Indigenous coy inaugurates revolutionary AI-powered kitchen app to optimise cooking gas usage

 An indigenous organisation, Kike Technologies has inaugurated a revolutionary Artificial Intelligence-based kitchen application known as Kike AI, designed to transform Nigeria’s food and gas industries. The Chief Executive Officer, Kike Technologies, Mr Femi Oye, highlighted the app’s potential to optimise gas supply at a virtual press conference in Lagos on Tuesday. Oye said that the

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General Security

Tanker explosion: FRSC urges States to step up enforcement of road safety regulations

The Federal Road Safety Corps (FRSC) has urged States and relevant authorities to step up enforcement of road safety regulations, particularly regarding truck standards and driver behavior.  The FRSC spokesman, Olusegun Ogungbemide, made the call in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. He expressed concerns over the poor

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General Security

Police raid ‘Yahoo School’ in Lagos, apprehend 10 suspects

 The Police Command in Lagos State has uncovered and dismantled internet fraud training facility, commonly referred to as “Yahoo School”, operating in the Iju area of the state. The Command’s Spokesperson, CSP Benjamin Hundeyin, confirmed this in a statement, in Lagos on Tuesday. Hundeyin said that the police apprehended four yahoo experts and six trainees.

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General Politics

Lawmaker urges FG to curb incessant killings in Benue 

 Rep. Blessing Onuh, representing  Otukpo-Ohimini Federal Constituency in the House of Representatives, has urged the Federal Government to curb the escalating insecurity and incessant killings in Benue. Speaking with journalists on Tuesday in Abuja, Onuh, of the All Progressives Congress, lamented the incessant attacks and killings in Otukpo in Benue, describing the situation as a

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Entertainment & Lifestyle General

Nollywood actor disappointed over removal of movie, “Light in the Dark”, from YouTube

 Nigerian actor and filmmaker, Jim Iyke, has expressed disappointment over the removal of the thriller drama movie titled, “Light in the Dark” from YouTube. The renowned actor, who took to his social media platforms in a video clip to announce the film’s removal from YouTube, said it was due to a scene deemed inappropriate. According

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Politics General

SDP condemns Kogi govt’s ban on rallies

The Social Democratic Party (SDP) in Kogi has condemned the ban on political rallies and convoys imposed by the state government. State Chairman of SDP, Mr Ahmed Attah, issued the condemnation in a statement signed by the SDP Press Secretary, Isaiah Ijele, on Tuesday in Lokoja. The party described the ban as an attack on

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Economy General

Foreign airlines pay N25bn yearly for aircraft towing

International airlines that operate into Nigeria pay about N25bn annually for the towing of their aircraft, as the Federal Airport Authority of Nigeria has not been able to import the already procured aero bridges. In developed nations, aero bridges align with the aircraft doors, making immediate embarkation easy and swift. But in Nigeria, airlines pay

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Technology General

Lagos, Kano lead as 117 million Nigerians get NIN

The National Identity Management Commission has recorded a total of 117 million registrations for the National Identity Number as of February 28, 2025. According to the latest enrolment statistics from the NIMC dashboard, 66,281,803 (56.5%) of the registered individuals are male, while 51,079,521 (43.5%) are female. The data also reveals that Lagos State has the

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