The House of Representatives has inaugurated an ad hoc committee to review the economic, regulatory, and security implications of cryptocurrency adoption and Point-of-Sale (POS) operations in Nigeria amid growing concerns over cybercrime, money laundering, and terrorism financing linked to digital finance platforms. Speaker of the House, Abbas Tajudeen, while inaugurating the committee on Monday in Abuja, said the initiative became necessary to address the increasing cases of fraud and consumer exploitation within the country’s fast-expanding digital finance ecosystem. Abbas noted that although Nigeria’s economy has shown resilience and potential to support cryptocurrency growth, the absence of clear regulatory guidelines and…
Author: Naija Daily News
By Deborah Nnamdi The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has attributed the recent scarcity and price hike of cooking gas across the country to the strike action embarked upon by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Ojulari, who spoke to State House correspondents on Sunday after meeting with President Bola Tinubu, said the industrial action disrupted gas loading and movement for several days, leading to what he described as an “artificial increase” in prices. In Lagos, the price of cooking gas has risen sharply to between…
A prolonged family feud over the vast estate of the late Chief Harrison Jefia has taken a criminal turn, with the deceased’s ninth child and cleric, Pastor Joseph Jefia, now standing trial before a Federal High Court in Abuja for alleged forgery and fraudulent claims of inheritance. The case, filed under charge No. FHC/ABJ/CR/501/2024, pits the Federal Government against Pastor Jefia, with the next hearing scheduled for October 23, 2025. According to court documents, the eldest child of the late Chief Jefia, Mrs. Onoriode Lyn James (née Jefia), a United Kingdom-based businesswoman, petitioned the leadership of the Redeemed Christian Church…
By Deborah Nnamdi A teenage boy, identified as Tersoo Veregh, has been found hanging from the roof of his father’s house on Lorkyaako Street, High Level area of Makurdi, Benue State, in what is suspected to be a case of suicide. According to counterinsurgency expert, Zagazola Makama, who shared the report on X (formerly Twitter) on Sunday, the tragic incident occurred in the early hours of Saturday, October 4, 2025. Makama stated that the boy’s father made the shocking discovery around 2 a.m. when he stepped out of his room to ease himself and found his son hanging from the…
Opeyemi “Imisi” Ayanwale has been crowned the winner of Big Brother Naija Season 10, claiming the N150 million grand prize and the title of Nigeria’s newest reality TV superstar. Her victory came after ten weeks of fierce competition filled with strategy, alliances, emotional highs and lows, and captivating entertainment. The grand finale on Sunday night was charged with anticipation as nine housemates vied for the top spot, leaving Dede as the runner-up. The results, verified by Deloitte and confirmed by M-Net, were announced by the show’s host, Ebuka Obi-Uchendu. When Ebuka declared Imisi the winner, the studio erupted in cheers.…
Super Falcons forward Ifeoma Onumonu has announced her retirement from professional football, bringing an end to a career that spanned over a decade across the United States, France, and Nigeria. In an emotional statement posted on Instagram on Saturday, the 31-year-old expressed deep gratitude for her football journey, describing her retirement as a “natural conclusion” to a lifelong adventure that began at the age of eight. “It is with a heart full of gratitude that I bid farewell to my playing career on the pitch,” Onumonu wrote. “I remember how vast I thought the field was. I didn’t care about…
The Nigeria Data Protection Commission (NDPC) and Meta Platforms Inc., parent company of Facebook and Instagram, have agreed to settle their ongoing legal dispute over a $32.8 million fine and a series of compliance orders issued against the tech giant for alleged data privacy violations involving Nigerian users. The development was disclosed before Justice James Omotosho of the Federal High Court, Abuja, on Friday, where the court was scheduled to deliver a ruling on NDPC’s preliminary objection to Meta’s suit and the company’s motion to amend its court filings. At the proceedings, Meta’s counsel, Fred Onwuobia, SAN, informed the court…
Operatives of the Nigeria Police Force Border Patrol Unit have intercepted and recovered more than 100 jerrycans of Premium Motor Spirit (PMS), commonly known as petrol, allegedly being smuggled out of the country through Nigeria’s northern borders. The interception was confirmed in a statement issued on Saturday by the Force Public Relations Officer, CSP Benjamin Hundeyin, who said the operation was part of intensified efforts to curb the illegal export of petroleum products. According to Hundeyin, officers on stop-and-search duty along the Illela–Sokoto Highway apprehended a vehicle loaded with 80 jerrycans of PMS and arrested the driver, identified as Yasir…
The Nigerian military says troops across various theatres of operation rescued 180 kidnapped civilians, arrested 450 terrorists and bandits, and neutralized several others during counter-insurgency and anti-crime operations in September 2025. Director of Defence Media Operations, Major General Markus Kangye, disclosed this in Abuja on Saturday while giving a monthly operational update. Kangye said troops also recovered 63 assorted weapons, 4,475 rounds of ammunition, and 294 explosive items, including grenades and improvised explosive device (IED) materials. In addition, 39 terrorists voluntarily surrendered to the military within the period under review. According to him, security forces also recovered logistics and communication…
American music mogul Sean “Diddy” Combs has been sentenced to 50 months in prison by a U.S. federal court after being convicted on prostitution-related charges, marking a dramatic fall for one of hip-hop’s most influential figures. U.S. District Judge Arun Subramanian delivered the ruling in Manhattan on Friday, also imposing a $500,000 fine and five years of supervised release. Combs, 55, will receive credit for the 12 months already served in custody since his September 2024 arrest. Combs was found guilty in July of two counts of transportation to engage in prostitution, involving arranging for escorts to cross state lines…