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Nigeria court rules Binance executive can face trial on behalf of crypto exchange

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  Tigran Gambaryan Justice Emeka Nwite of the Federal High Court Abuja, has refused to grant bail to an Executive of Binance Holdings Limited, Tigran Gambaryan. Justice Nwite held that Gambaryan is likely to jump bail if bail is granted to him. The company and its executive were arraigned on a five-count charge bordering on money laundering before Emeka Nwite, judge of a federal high court in Abuja. The defendants pleaded not guilty to the charge. Moving an application, Counsel to the Defendant, Mark Mordi, argued that the court had the power to grant bail to the defendant and impose conditions to ensure his presence in court. The Prosecution Counsel, Ekele Iheanacho, however opposed the bail application, stating that the defendant was a flight risk. He stated that the defendant attempted to obtain a new passport which he claimed was stolen, and this was a suspicious act given the proximity to his colleague’s escape from custody. He added that the court cannot risk granting him b

Portable Granted Bail After Night in Police Cell Over ₦14m Debt

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The Lagos State Police Command has released popular street singer Habeeb Okikiola, best known as Portable, after the artiste passed a night in police cell. Portable was arrested on Tuesday in the Abule Egba area of Lagos for allegedly refusing to pay the balance of a G-Wagon vehicle he purchased from a car dealer. The ‘Zazoo Zeh’ crooner was reported to have bought the vehicle worth ₦27 million but paid only ₦13 million, with ₦14 million balance. In a viral video, Portable was seen to have scaled a gate after policemen approached him with an arrest warrant to follow them. Another viral video, however, showed him being dragged, handcuffed and wheelbarrowed by about four policemen into a waiting vehicle. In the ensuing melee, the voice of a lady, who identified herself as the car dealer, was heard in the background, spewing expletives and telling how Portable threatened her when she demanded that he discharge the debt. Police spokesman in the state, Benjamin Hundeyin, said that the singe

Tariff Hike: Don’t derail FG’s reform plan, Power Minister tells Labour

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The Minister of Power, Adebayo Adelabu, says any reversal in the hike of electricity tariff for Band A customers in the country will derail the reform agenda of the President Bola Tinubu administration for the power sector. Adelabu spoke on Tuesday after the Federal Executive Council (FEC) meeting at the Aso Villa in Abuja. His comments followed the nationwide picketing of the offices of the Nigerian Electricity Regulatory Commission (NERC) and distribution companies by the Organised Labour on Monday. On April 3, 2024, NERC raised electricity tariff for customers enjoying 20 hours power supply daily. Customers in this category are said to be under the Band A classification. The increase saw the customers paying N225 kilowatt per hour from the current N66, a development that has been heavily criticised by many Nigerians, considering the immediacy of the tariff hike and the current hardship in the land. Following the outrage, NERC asked discos to cut down electricity tariff rate by 8.1%

Finidi promises to ‘scale every hurdle,’ after unveiling as Super Eagles’ Coach

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Super Eagles Head Coach George Finidi is confident of delivering for the team but admitted that the task ahead is enormous. Finidi was unveiled as the team’s head coach on Monday in Abuja weeks after his appointment as the substantive gaffer for the three-time African champions. Hours after the event, the former international took to his social media platform to express hope of better days for the Super Eagles. Honored to have been unveiled as Head Coach of @NGSuperEagles. My gratitude goes to @thenff, the Ministry of Sports Development, and Nigerians for the faith. The former Enyimba coach thanked the Nigeria Football Federation (NFF) and Ministry of Sports Development and Nigerians for their trust in him. Honored to have been unveiled as Head Coach of @NGSuperEagles,” Finidi said. “My gratitude goes to @thenff, the Ministry of Sports Development, and Nigerians for the faith.” The coach’s immediate task will be qualifying Nigeria for the 2026 World Cup. He begins that duty next month

Sports Minister Unveils Finidi George As Super Eagles’ Head Coach

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The Minister of Sports Development, John Enoh, has officially unveiled Finidi George as the new head coach of the Nigerian men national team, the Super Eagles. The Minister proclaimed the former Super Eagles forward at an event in Abuja attended by the leaders of the Nigerian Football Federation (NFF) at the Media Centre of the Moshood Abiola National Stadium in Abuja on Monday morning. “Any country I find an indigenous coach sitting on the bench, I always feel very proud and I am glad that we have an opportunity that have a Nigerian coach, Finidi George, as football men national team coach,” Enoh said during the unveiling. The former Real Betis winger was appointed permanently after the departure of the Portuguese gaffer Jose Peseiro. He an assistant to Peseiro at the last African Cup of Nations in Ivory Coast where the team finished second place. George’s appointment was announced a few weeks ago after he took charge of the team on an interim basis for the doubleheader internationa

First person to receive a genetically modified pig kidney transplant dies about 8 weeks later

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  The first mentioned recipient of a transplanted pig kidney has passed away nearly two months after undergoing an experiment. Massachusetts General Hospital conducted the operation in March, implanting a genetically-altered pig kidney into Rick Slayman, a 62-year-old individual battling end-stage kidney disease. The hospital hailed the procedure as a significant advancement in xenotransplantation, offering a potential solution to the global organ shortage crisis. Despite Slayman’s death, the hospital clarified that it was unrelated to the transplant. Slayman’s family expressed deep sadness over his sudden passing but found solace in his inspirational legacy. They lauded the medical team for their dedicated care, acknowledging that the xenotransplant provided them with precious additional time together. The pig kidney used in the transplant underwent genetic modifications to enhance compatibility with humans, including the removal of harmful pig genes and the addition of specific human

'Sack me and that's not a problem' – Mauricio Pochettino

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  Mauricio Pochettino told Chelsea’s owners in Friday’s press conference that  “it will not be the end of the world”   if he were to leave Chelsea at the end of the season. The Blues boss called for an end to the "stupid rumours" following his side's victory against Tottenham last week. But the Argentine says he and his coaching staff must be on the same page as the owners if he's to continue at the club. Pochettino said the "organisation of the club is building" and that "we are all under assessment". Chelsea chairman Todd Boehly said on Thursday that his plans for the club are "coming together" but Pochettino has made clear that conversations with the club's board at the end of the season should include his input. “If we are happy, perfect," said 52-year-old Pochettino. "But it is not only if the owners are happy or the sporting directors happy... You need to ask us also, because maybe (we) say ‘we are not happy’ and we a