Martins

JUST IN: Why IGP Barred POS Operators from Police Stations Nationwide

The Inspector-General of Police, Kayode Egbetokun, has said the ban on the use of Point-of-Sales (POS) machines in police stations became imperative following public outcry on alleged illegal and illicit transactions with certain police operatives. The police boss ordered stoppage POS machines and other electronic mobile money transaction devices within police stations and other police…

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JUST IN: President Tinubu Declares Fresh War on Corruption, Fumes at Officials over Obstruction to Investors’ Progress

President Bola Tinubu has issued a stern warning to corrupt officials in Nigeria, instructing international investors to report any demands for bribes or hindrances to progress directly to his office. Speaking at the Nigeria-Qatar Business and Investment Forum in Doha, President Tinubu assured investors that his administration is committed to removing all obstacles to profitable…

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FG Demands Binance Cryptocurrency to Pay $10bn in Efforts to Stabilize Naira

The Federal Government says it has demanded almost $10bn (£8bn) in compensation from the cryptocurrency firm, Binance. The government accused Binance of manipulating foreign exchange rates through currency speculation and rate-fixing, which have seen the naira lose nearly 70% of its value in recent months. Two Binance executives were arrested in Nigeria earlier in the…

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