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John Ikechukwu Okafor, (born 17 October 1961) popularly known as Mr. Ibu, is a Nigerian actor and comedian. Okafor is considered to be one of Nigeria’s most talented and highly paid comic characters. His humorous acting is often characterized by stupidity, hilarious character, and a sharp disconnection from reality. He hails from Nkanu West L.G.A., Enugu State. After elementary school, in 1974,…

The House of Representatives Committee on Financial Crimes has summoned the Chief Executive of Binance Holding Limited, Richard Teng, over alleged terrorism financing and money laundering. The chairman of the Committee, Ginger Onwusibe, on Friday, at a panel, issued a seven-day ultimatum to the management of Binance Holdings LTD., to appear before the committee on or before March 4,…

Mr Ibu, Nollywood veteran has died. The actor whose real name is John Okafor was 62. According to multiple reports from sources close to him, the veteran comedian passed away at Evercare hospital. Many fans have shared condolences on X, reminiscing movies the late actor has featured. The actor had been battling health issues since October 2023 and had undergone multiple surgeries that led to…

The Central Bank of Nigeria has instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number, BVN to their bank account (s). The apex bank had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts without BVN. Tier 1 accounts are accounts that can be opened with a valid identity or proof of…

The Federal Government may demand over $10bn from Binance as a penalty amid moves to salvage the value of the naira. Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed this in a Friday morning interview with the BBC. Onanuga alleged that Binance profited substantially from its “illegal transactions” in Nigeria while the nation suffered heavy losses. He also…

The CBN on Thursday sold about $7.85 million to about 785 eligible BDCs that funded their accounts, BusinessDay learnt. Each BDC received $10,000 as against the $20,000 weekly allocation earlier planned by the apex bank. The CBN on Tuesday formalised dollar sales to BDCs operators after a three-year break in a move aimed at stabilising the naira and narrowing the gap between the official and…

Social media platform, Telegram, has announced plans to launch its ad platform in March 2024 to allow channel owners to receive financial rewards.  Telegram CEO and founder, Pavel Durov, disclosed this on Wednesday via his Telegram channel. According to Durov, the company will pay out rewards using toncoin on the TON blockchain.   Channel owners will start receiving 50% of all revenue that the…

President Bola Tinubu inaugurated the Red Line Rail Project in Lagos, a 37-kilometer intra-state rail service aimed at improving city transportation. He also said there is no going back on the reforms embarked upon by his government that have led to the hike of essential goods and services. “But this revolution that has started, this reform that is ongoing, we are not looking back. The…

Nigeria’s Central Bank Governor, Olayemi Cardoso has stated that about $26 billion has passed through Binance Nigeria. He took this question in response to the activities of cryptocurrency platforms like Binance especially how the apex bank thought about balancing currency manipulation and not stifling innovation. In response, Cardoso said that because the CBN has a responsibility to protect…

Doyin Okupe, a former aide to ex-President Goodluck Jonathan has knocked the senator representing Borno South senatorial district, Ali Ndume, for faulting the relocation of certain departments of the Central Bank of Nigeria (CBN) and the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. Ndume, in a Channels Television interview on Tuesday, said that the president is being…

The Senator representing Borno South Senatorial, Ali Ndume, has faulted the planned relocation of certain departments of the Central Bank of Nigeria and the Federal Airports Authority of Nigeria from Abuja to Lagos. According to him, President Bola Tinubu is being misinformed by “political cartels” to make wrong decisions. Speaking during an interview with Channels Television on Tuesday, he…

The Taraba State Government has banned the use of motorcycles of any kind within the Jalingo metropolis, the state capital, and restricted the movement of tricycles between 6:00 am to 8:00 pm. The measure, according to the state government, is a result of the sudden spike in the activities of criminals in Jalingo. This follows the constitution of a task force committee on a total ban on the use…

Armed policemen, on Tuesday, teargassed the 16 Peoples Democratic Party members of the Plateau State House of Assembly who were sacked by the Court of Appeal. The lawmakers had arrived at the Rayfield Old Government House in Jos on Tuesday morning alongside their supporters preparatory to their resumption of plenary when the incident happened. The policemen and other security operatives took…

The candidate of the African Democratic Congress, ADC, in the forthcoming Jalingo/Yorro/Zing Federal Constituency bye-election, Abdulrazak Gidado, has called on the state government to intensify security efforts in the battle against banditry and kidnapping. The candidate, who made the call on Sunday in Jalingo, the state capital, expressed deep concern over the escalating incidents of…

Supreme Court Reserves Judgement In Taraba, Sokoto Gov Appeals

The Supreme Court has reserved judgement on appeals arising from the governorship elections held in Sokoto and Taraba states. In the Sokoto suit, Sai’du Umar of the Peoples Democratic Party (PDP) sought to void the election of Ahmed Aliyu of the All Progressives Congress (APC), as Sokoto State Governor, while in the Taraba case, Sani Yahaya of the New Nigeria Peoples Party (NNPP), is seeking the…

In a statement on Wednesday, INEC National Commissioner, Sam Olumekun, said the by-elections become necessary because of death of member of the National Assembly. These election will be held on Saturday 3rd February, 2024 across Jalingo/Yorro/Zing Federal Constituency of Taraba State. The commissioner said the timetable and schedule of activities, the personal particulars and final list of…

Governor Agbu Kefas of Taraba State has restated his administration’s dedication to addressing the welfare concerns of retired members of the Armed Forces within the state. A former army officer himself, Kefas made this commitment during the 2024 Armed Forces Remembrance Day held in Jalingo, the state capital, on Monday. Recognizing the sacrifices made by fallen heroes, he underscored the…