African fintech unicorn Flutterwave has denied losing the sum of ₦2,949,557,867 to hackers. It was earlier reported on Sunday that hackers stole the sum of ₦2,949,557,867, from the accounts of the company and over 300 customers were affected by the fraudulent act. Meanwhile, the company disclosed nothing of such happened, on Sunday. The company said,…
The Independent National Electoral Commission has given assurance that its result-viewing portal that suffered glitches during the presidential and National Assembly elections is now up and running. It said the IReV portal would be deployed during the governorship and House of Assembly elections on Saturday. The Chief Press Secretary to the INEC Chairman, Rotimi Oyekanmi,…
The supreme court has invalidated the naira redesign policy introduced by the Central Bank of Nigeria (CBN). The court made the declaration on Friday while delivering judgment in a suit instituted by three states of the federation. A seven-member panel of the apex court held that the old N200, N500 and N1000 remain valid legal…
The Nigeria Labour Congress says it will continue to get involved in politics in order to bring matters surrounding the welfare of workers to the front burner of programmes and policies of the government. The NLC President, Mr Joe Ajaero, made the assertion during courtesy visits to some labour unions in Lagos on Thursday. The…
The Federal Government declared on Thursday that 1,940,004 vulnerable Nigerians are currently receiving N5,000 cash gift each every month. The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Farouq, stated this at a One-Day Stakeholders’ Retreat On National Social Investment (Establishment) Bill organised by the Senate Committee On Social Duties. Farouq was…
Police operatives attached to Imo State Command have arrested suspected armed political thugs said to have been employed to disrupt the just concluded February 25, presidential election in Ohaji/Egbema council area of the state. A statement released by the spokesperson of the command, Henry Okoye, says the armed thugs were arrested during a raid of…
An Ondo State Magistrate Court, sitting in Akure, Ondo State, has remanded a 16-year-old boy, Lekan Mustapha and his guardian, Zulum Yisa, for alleged kidnapping. The teenager, during his arraignment on Tuesday, February 28, told the court that they used biscuits and magical rings to abduct nine children and took the victims to one Islamic…
The World Bank stated, that a market-driven approach to mini grid development under its National Electrification Project has accelerated the deployment of more than 100 new solar-powered mini grids in Nigeria. The Bank disclosed this yesterday in a press statement, saying that powering 380 million people in Africa by 2030 would require the construction of…
