Nigeria News Lagos-based couple jailed 16 years over N52m fraud December 5, 2024 Elizabeth Jenrola Oso The Lagos State High Court sitting in Ikeja has sentenced a couple, Harry Uyanwanne and Kristein Uyanwanne to 16 years in prison for defrauding individuals of N52 million. Their church,…
Entertainment Netflix exits Nigerian market amid economic struggles December 5, 2024 New Daily Prime Netflix, the global streaming giant, has announced its exit from the Nigerian market, citing the country’s deteriorating economic conditions as the main reason for its decision. This marks a significant…
Nigeria News LASG seals Blessed Happy Homes Superstore over sale of expired goods December 5, 2024 Elizabeth Jenrola Oso The Lagos State Consumer Protection Agency (LASCOPA) on Wednesday sealed Blessed Happy Homes Superstore at 6th Avenue, 13th Road, Festac Town, Lagos. The Lagos State Government said the store was…
Opinion 10 companies that have exited Nigeria in the last 2 years December 5, 2024 New Daily Prime The exit of these companies has raised concerns about the economic stability of the country. The affection sectors include: manufacturing, pharmaceutical, technology, among others, is because of the economic instability,…
Nigeria News Ex-Kwara gov, Ahmed misappropriated N5bn UBEC fund – Witness December 5, 2024 Alade Adisa A Kwara State high court was told how the state government under former governor Abdulfatah Ahmed misappropriated over N5 billion education funds by a witness of the Economic and Financial…
Nigeria News Nigerian-born UK pastor, Tobi Adegboyega responds to deportation reports December 5, 2024 New Daily Prime Tobi Adegboyega, a Nigerian-born UK pastor and former leader of Salvation Proclaimers Anointed Church, has addressed reports of his impending deportation to Nigeria. The 44-year-old pastor, who is also a…
Opinion Soludo commits to resolving 21-year power outage at Odumegwu Ojukwu University December 5, 2024 New Daily Prime Anambra State Governor, Prof. Chukwuma Soludo, has pledged to end the 21-year power outage at the Chukwuemeka Odumegwu Ojukwu University (COOU), Uli Campus, located in the Ihiala Local Government Area.…
Nigeria News FCTA earmarks $1bn for education infrastructure December 5, 2024 Alade Adisa Minister of the Federal Capital Territory (FCT), Nyesom Wike, has disclosed that the FCT Administration (FCTA) has committed 1.05 billion dollars, amounting to about N177 billion to infrastructural development in…
Nigeria News Bitcoin skyrockets above $100,000 as Trump champions pro-crypto movement December 5, 2024 New Daily Prime Bitcoin has skyrocketed past the $100,000 mark, reaching an all-time high of $103,800, driven by growing investor confidence sparked by U.S. president-elect Donald Trump’s newly embraced pro-crypto stance. The cryptocurrency’s…
Nigeria News Tax reforms: Senate suspends action amidst controversy December 5, 2024 New Daily Prime The Nigerian Senate has paused its deliberation on the controversial Tax Reform Bills, following widespread public opposition. The suspension, announced by Deputy Senate President Jibrin Barau on Wednesday, December 4,…