Bitcoin made history on Thursday by surpassing the $100,000 mark for the first time, fueled by enthusiasm following Donald Trump’s decision to appoint a cryptocurrency advocate to lead the U.S. Securities and Exchange Commission (SEC).The move has bolstered expectations that the new administration will embrace deregulation in the digital asset sector. Record-Breaking Rally The cryptocurrency … Read more
Shopping platform Temu has halted its operations in Vietnam after failing to meet a government deadline to register with the Ministry of Industry and Trade, according to state media reports on Thursday. Customs Clearance Stopped As of the missed registration deadline at the end of November, goods ordered through Temu were no longer being cleared … Read more
Lagos State Governor Babajide Sanwo-Olu has refuted allegations that Lagos will gain disproportionately from the proposed tax reforms, urging Nigerians to thoroughly study the provisions before making conclusions. Speaking during an interview with the News Agency of Nigeria (NAN) at the Africa Investment Forum Market Days 2024 in Morocco, Sanwo-Olu responded to concerns raised by … Read more
The Economic and Financial Crimes Commission (EFCC) has refuted claims that it uncovered $800 million, ₦700 billion in cash, and drugs worth ₦1 trillion at the home of Bello El-Rufai, son of former Kaduna State Governor, Nasir El-Rufai. EKO HOT BLOG gathered that in a brief statement shared on its official Facebook page on Thursday, … Read more
Prominent legal expert and Senior Advocate of Nigeria (SAN), Afe Babalola, has filed a petition against activist and lawyer Dele Farotimi, accusing him of defamation in connection with a Supreme Court judgment on a land dispute. In a petition dated November 19 and addressed to the Ekiti State Commissioner of Police, Babalola alleged that Farotimi … Read more
Borno State Deputy Governor, Alhaji Umar Usman Kadafur, and more than 100 passengers narrowly avoided disaster when a Max Air flight suffered an engine fire shortly after departing from Maiduguri International Airport. EKO HOT BLOG gathered that the incident occurred around 7 p.m. on Wednesday, moments after takeoff on a flight bound for Abuja. A … Read more
In a tragic and shocking event early Wednesday morning, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was fatally shot in a deliberate attack near the Hilton Hotel in Midtown Manhattan. The incident occurred just hours before UnitedHealthcare’s planned investor conference. Details of the Incident At approximately 6:45 a.m., Thompson was walking toward the Hilton Hotel … Read more
Members of the Nigerian Armed Forces retirees, under the Coalition of Military Pensioners, staged a protest on Thursday, effectively shutting down the Federal Ministry of Finance in Abuja. EDITOR’S PICKS Japa: Russia Opens Doors to Migrants Amid Workforce Shortage Crisis Erupts at Celestial Church of Christ in Lagos Over N5m Donation EFCC Alleges Nigerian Banks … Read more
Global video streaming giant Netflix has refuted speculations suggesting that it plans to exit Nigeria, affirming its dedication to the country’s thriving creative industry. The rumors gained traction after Nigerian filmmaker Kunle Afolayan shared a video expressing disappointment over Netflix’s decision to cancel several commissioned projects. He recounted his excitement over a three-film deal signed … Read more
Bello El-Rufai, the eldest son of former Kaduna State Governor Nasir El-Rufai, has strongly denied reports that the Economic and Financial Crimes Commission (EFCC) raided his residence in Kaduna and uncovered large sums of money in various currencies, as well as drugs. In a statement sighted by EKO HOT BLOG, El-Rufai dismissed the rumors as … Read more
Former Nigeria’s President, Goodluck Jonathan, has led a delegation of the West African Elders Forum, WAEF, observation mission to Ghana ahead of the December 7 general elections in the country. The Forum’s communications Officer, Wealth Dickson Ominabo, made this known in a statement on Wednesday in Abuja. In the statement, Jonathan on arrival in Ghana, … Read more
The Nigeria Immigration Service, NIS, has issued a stern warning against fake recruitment activities being perpetrated by fraudsters. The Comptroller General of NIS, Kemi Nandap, gave the warning in a statement on Wednesday in Abuja. Nandap said that the individuals had been deceiving unsuspecting members of the public with false promises of employment opportunities within … Read more
Reactions from various quarters in Nigeria have trailed the decision by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to construct 40 housing units in Katampe District, Abuja, for judges. EKO HOT BLOG reports that the 40 housing units are intended for judicial officers of the Court of Appeal, Federal High Court, and … Read more
The Senate has temporarily halted discussions on the controversial Tax Reform Bills, directing its Committee on Finance to pause public hearings pending resolutions to public concerns. This decision was announced during Wednesday’s plenary, presided over by Deputy Senate President Jibrin Barau. A special committee has been set up to engage the executive arm and address … Read more
The Senate has revised a bill seeking to prohibit the export of unprocessed maize in commercial quantities, introducing a minimum one-year jail term for violators. The amended bill, originating from the House of Representatives, was passed on Wednesday after the Senate’s Committee of the Whole reviewed its clauses. Through a voice vote, the senators approved … Read more
The Federal Government has dismissed civil servants who obtained degrees from private universities in Benin Republic and Togo between 2017 and 2023, following concerns over fraudulent academic practices. The directive was confirmed on Wednesday by Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation … Read more
The federal government has approved a special train service to mark the Christmas and New Year celebrations, providing a festive travel option for Nigerians. EKO HOT BLOG reports that the Nigerian Railway Corporation (NRC) announced the development in a statement on Wednesday, issued by its Deputy Director of Public Relations, Yakub Mahmood. According to the … Read more
President Bola Tinubu has returned to Nigeria after departing South Africa to co-chair the 11th session of the Nigeria-South Africa Bi-National Commission, BNC, alongside President Cyril Ramaphosa. EKO HOT BLOG reports that Presdient Tinubu touched down at 9:10pm at the ANnamdi Azikiwe International Airport . He was received by the Minister of FCT, Nyesom Wike, … Read more
The National Executive Committee, NEC, of Ohanaeze Ndigbo Worldwide says it is the turn of Rivers State to produce the next President-General of Ohanaeze Ndigbo by 2025. The National Publicity Secretary of Ohanaeze Ndigbo Worldwide, Dr Alex Ogbonnia, made this disclosure at the end of the NEC Meeting of Ohanaeze Ndigbo in Enugu on Wednesday. … Read more
The Pan Niger Delta Forum, PANDEF, has issued a stern warning to the proponents of the Biafra Republic against including communities in the Niger Delta or South-South geopolitical zone in their secessionist plans. This was contained in a statement by the National Youth Leader of PANDEF, Donben Donyegha, on Wednesday in Port Harcourt, Rivers state … Read more