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Changpeng Zhao, the founder and ex-CEO of Binance, one of the world’s largest cryptocurrency exchanges, has been sentenced to four months in jail by a U.S. court for his role in enabling money laundering activities on the platform. Zhao’s guilty plea to charges connected to facilitating illicit financial transactions through his exchange led to the … Read more
With each passing hour and the cycle of daylight to darkness and back again, Onakoya’s commitment never wavered. Whether facing opponent from the United State in New York City’s Times Square, he played tirelessly. Testing his stamina through sleepless nights and mentally challenging days, he pressed on. Driven by an unrelenting desire for triumph and … Read more
Another supermarket in Abuja has been sealed off by the FCCPC as part of their efforts to combat unfair practices in the retail sector. This action is aimed at fostering fair competition and shielding consumers from price fixing schemes. Background on FCCPC’s Role in Consumer Protection In Nigeria, the FCCPC serves as a regulatory authority … Read more
In a surprising turn of events, the EFCC has issued a statement declaring Yahaya Bello as a wanted individual for his alleged involvement in money laundering schemes amounting to a massive 80 billion naira. This news has had a profound impact on the political scene, considering Bello’s influential position as the previous Governor of Kogi … Read more
The Economic and Financial Crimes Commission (EFCC) has recently made headlines by obtaining a warrant for the arrest of Yahaya Bello, the former governor of Kogi State. This development comes after a Federal High Court in Abuja granted the EFCC’s request for the warrant, citing alleged financial misconduct during Bello’s tenure as governor. Background on … Read more
The case against Cubana Chief Priest revolves around allegations of financial misconduct and abuse of the Nigerian currency, the Naira. The socialite was accused of engaging in activities that violated laws governing the use and handling of the national currency. After careful consideration of the evidence presented and arguments made by both the prosecution and … Read more
The EFCC’s recent breakthrough in capturing Ali Desmond Chinedum, a suspected internet fraudster, in Port Harcourt, Rivers State, highlights the agency’s dedication to combating cybercrime. The recovery of various electronic devices and identity cards from the suspect underscores the complexity of his activities and raises concerns about potential ties to global cybercrime networks. This arrest … Read more
The Economic and Financial Crimes Commission (EFCC) in Nigeria has been actively pursuing cases of financial fraud and abuse, with investigations ongoing and progressing steadily. The EFCC has made it clear that no one allegedly involved in fraud has been cleared, and the public is urged to disregard any claims suggesting otherwise. Public Support and … Read more
Israeli Prime Minister Benjamin Netanyahu recently made headlines by rejecting a request from U.S. President Joe Biden and announcing plans to respond to Iran’s attack within 48 hours. This move has significant implications for the ongoing tensions between Israel and Iran, as well as the broader geopolitical landscape in the Middle East. Netanyahu’s Rejection of … Read more
Novak Djokovic’s quest for a third Monte-Carlo Masters title was dashed by Casper Ruud in the semi-finals, while Stefanos Tsitsipas caused an upset by defeating second seed Jannik Sinner. Ruud achieved a significant milestone in his career by defeating Djokovic 6-4 1-6 6-4, advancing to his second ATP Masters 1000 final and his first since … Read more