Nigeria News

The Central Bank of Nigeria has lifted a six-week-long ban on onboarding new customers imposed on five of the country’s most prominent fintech startups: Paga, OPay, Kuda, Palmpay, and Moniepoint. The regulator’s directive to freeze new customer signups first came on April 29, 2024, days after over 1,000 accounts were blocked for peer-to-peer crypto trading. The […]

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing. In dramatic events, all the planes sent to airlift Nigerians going on the Hajj pilgrimage in Saudi Arabia have been forced to return empty to the Arabian peninsula because of the industrial action

The Nigeria Deposit Insurance Corporation (NDIC) has listed the names of 20 failed banks and said it will pay their depositors. The Corporation revealed in a statement that depositors, creditors, and shareholders will get an additional N16.16 billion in payment. “Depositors, creditors, and shareholders of 20 failed banks in Nigeria will get an additional N16.18

The City of David Parish of the Redeemed Christian Church of God (RCCG) in Lagos has suspended Pastor Idowu Iluyomade, following the extravagant birthday party of his wife shortly after the d£ath of Herbert Wigwe, former Group Chief Executive Officer (GCEO) of Access Holdings Plc. According to ChurchTimes, a top pastor of the church who

The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect. This is according to a statement from the Acting Director, Corporate Communications at the CBN, Mrs Hakama Sidi Ali on Monday.  The statement read: “The Central Bank of Nigeria (CBN), in accordance with its mandate to promote a sound

One of the leading financial technology companies in Nigeria, OPay, has reiterated the prohibition on cryptocurrency transactions and virtual assets trading on its platform. In a statement on Sunday, the fintech said that it was committed to upholding legal, constitutional, and regulatory duties hence the prohibition. Following the stoppage of onboarding of new customers by

Gen. Abdulsalami Abubakar, the former military head of state, has said that the military cannot take over without the involvement of politicians. The last military ruler of Nigeria disclosed this in an exclusive interview with The Sun. This comes amid a military coup in some West African countries. How Abdulsalami intervene for ECOWAS in Niger

The Academic Staff Union of Universities (ASUU) has joined the ongoing strike led by the organized labour, which includes the Nigeria Labour Congress and Trade Union Congress. The NLC and TUC commenced a nationwide industrial action on Monday in protest against the N60,000 minimum wage proposal of the Federal Government. ASUU President, Emmanuel Osodeke, issued

CBN has released the list of the licensed Deposit Money Banks in Nigeria. Naturenex reports that the Central Bank of Nigeria (CBN) has released a comprehensive list of licensed Deposit Money Banks operating in the country. The list which provides valuable insights into Nigeria’s dynamic banking sector was published on the CBN’s official website on

FG has threatened the striking workers with a six (6) months jail term. Naturenex reports that the federal government has warned workers planning to embark on the indefinite strike, which was declared by labour unions that they risk a six-month jail term. This Nigeria news platform understands that the AGF & Minister of Justice, Lateef

In an SOS to President Bola Ahmed Tinubu, the women appealed to the president to prevail on the Inspector General of Police Kayode Egbetokun to immediately remove the police officer. Hundreds of women of Egbema community in the Ohaji/Egbema Local Government Area of Imo State have staged a peaceful protest against one Police Insp. Chukwukadibia

In an interview with Arise News, former Speaker of the Enugu House of Assembly, Eugene Odo, expressed his support for the military’s presence in the South East region, citing the need for enhanced security in the face of rising insecurity. Odo’s comments come on the heels of the military’s confirmation of the killing of five

According to Daily Post, Senator Enyinnaya Abaribe, representing Abia South Senatorial District, has firmly denied reports suggesting he was humiliated by soldiers at an Army checkpoint in Obingwa. In a statement issued by his media aide, Uchenna Awom, on Sunday, Abaribe dismissed these claims as false and urged the public to disregard such misleading information.

After a house wife killed husband over play to have another wife arlier this year, another housewife, Omolara Oluwakemi, has allegedly smashed her husband’s head with pestle while he was fast asleep. According to reports, the incident occurred at the sleepy town of Akungba, Akoko southwest local government area. It was gathered that the late

Peter Obi, the presidential candidate of the Labour Party in the 2023 general election, has sought to dispel the myth of Yoruba animosity towards Igbo people, emphasizing the diverse support his campaign received. According to a report from the Punch, Obi pointed to the broad coalition of Nigerians from various ethnic backgrounds who united to