Author: Akintayo Adams

Binance has been slammed with a fine of 188.2 million rupees ($2.25 million) by India’s Financial Intelligence Unit (FIU). This was in a document titled ‘Order in original No. 10/DIR/FIU-IND/2024 in the matter of Binance u/s Section 13 dated 19.06.2024’. India’s Financial Intelligence Unit (FIU) claimed the fine was for violating its money laundering law. It said the company violated three sections of the country’s Prevention of Money Laundering Act (PMLA), 2002. “Consequently, due to Binance’s ongoing provision of services to Indian clients and operations within India without adhering to its statutory obligations under the PMLA a Notice dated December…

Ibrahim Ayodeji Balogun, popularly known as Wizkid has revealed what the name of his forthcoming album is. The superstar, in an interview with Esquire said he named the album after his Mother. “I’ve named it my mum’s name,” he says – his mother’s name being ‘Morayo’, a Yoruba word that means ‘I see joy’, he said. “It’s very important for people to know where the source of my magic comes from. I’m African, I’m Nigerian; that’s my blood, that’s my DNA. So, it’s important for me to push [Yoruba] out there – let people know about my culture. I like…

Abba Limawa, a Nigerian pilgrim from Dutse Local Government Area of Jigawa State, has returned 10,500 Russian rubles, 800 dollars and 690 Saudi Riyals, he found, to the authority in Makkah. According to NAN, Limawa handed over the different currencies to the Executive Chairman, National Hajj Commission of Nigeria, Jalal Arabi during the post-Afarat conference, held on Wednesday in Makkah, Saudi Arabia. He revealed he found the money on his way to the place of worship, the mosque. “Initially, I wanted to ignore the waist bag and move to the Mosque, but on second thought, I said it might belong…

The African Export-Import Bank (AFREXIMBANK) and Africa CDC have unveiled a US$2 billion funding for Africa’s health and pharmaceutical products manufacturing. This was contained in a statement issued by Afreximbank on Thursday. “Through this collaboration, Afreximbank has committed a US$ 2 billion facility to the “Africa Health Security Investment Plan” to support the health product manufacturing ambition of the continent. This initiative will focus on the African Pooled Procurement Mechanism and the Platform for Harmonised African Health Products Manufacturing . “This initiative is pivotal in addressing Africa’s health investment challenges, promoting economic development, and strengthening health security across the continent,”…

President Bola Ahmed Tinubu and his South African counterpart Cyril Ramaphosa held a bilateral talk following the latter’s swearing-in ceremony. This was made known by Olusegun Dada, an aide to President Tinubu via a post on his X handle. In a statement released by Tinubu’s spokesman, Ajuri Ngelale, after the meeting, he quoted his principal as saying, “I really enjoyed your speech at the ceremony. I was delighted listening to you. We have lots of issues in common, and we need to work more closely together. It was a good celebration”. Ramaphosa expressed gratitude to Tinubu for attending his inauguration.…

The number of recorded fatalities as a result of the Cholera outbreak in the state has risen to 21. The Special Adviser to the Lagos State Governor on Health, Kemi Ogunyemi, disclosed this after meeting with members of the Lagos State Public Health Emergency Operations Centre (PHEOC). She also revealed that the number of cholera cases has increased to 401 across Lagos with Lagos Island, Kosofe, and Eti Osa recording the highest numbers. She attributed the rise in cases to the Ileya festivities during which large gatherings occurred. She advised that citizens seek medical attention immediately if they experience symptoms…

Ayodeji Ibrahim Balogun, famously known as Wizkid or Machala by his admirers, earlier today lambasted an X user for making a comparison of him (Wizkid), and two female stars, Ayra Starr and Tems. The multiple award winning singer was replying to a fellow artiste, Odumodublvck’s earlier tweet before the said fan, identified as Abazz tweeting via @abazzwhyllzz tried to troll. “😂😂😂🚀🚀🚀🚀 KALAAAA -INDUSTRY MACHINE”, Odumodublvck’s tweet read. Wizkid responded with “Kala no lie” before the user’s response caught his attention. “So Ayra Starr and Tems are better than you. I’m glad you used your moth to say odumodu is not…

The William Samoei Arap Ruto-led Kenyan Government has reversed some proposed taxes contained in its new finance bill. This happened after protesters invaded the streets of Nairobi, the country’s capital, shutting down the parliament over the finance bill that proposes some taxes on cars. It included a 16 per cent tax on bread. Kuria Kimani, Chairman of the parliament finance committee, announced reversal of the taxes to douse tension in the country. President Williams Ruto and other lawmakers were in attendance. Ruto had introduced several taxes since he assumed office in 2022, and it is aimed at settling Kenya’s national…

Reality star, Whitemoney claims to have about 150 staff he pays 5 years in advance. The singer disclosed this while being featured in a latest episode of the Echo Room podcast. He was asked whether the claim that he pays his staff members 4 to 5 years in advance is true. In response, he confirmed the news, adding that he chose to treat staff that way so he takes his mind off from having to go through the hassle of keeping track with payment. “I have heard that you pay staff members couple years in advance, 5 years, 3 years,…

Nigeria’s National Team, the Super Eagles have fallen to the 38th position in the latest FIFA rankings released on Thursday. The Super Eagles now have 1498.93 points, a decrease from their previous 1520.27 points. Formerly ranked 30th, Nigeria’s decline is not unconnected to its performance in the two matches after the African Cup of Nations, where they emerged as runners-up after losing 2-1 to the host nation. In their recent FIFA World Cup qualifying games, the Super Eagles played a 1-1 draw against Bafana Bafana of South Africa in Uyo, Akwa Ibom State, and suffered a disgraceful 2-1 defeat to…