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Bolivia adopts crypto as inflation deepens

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Bolivians are increasingly turning to digital assets as a financial lifeline amid rampant inflation, a scarcity of US dollars, and a devaluing national currency. A recent central bank report indicates a significant surge in cryptocurrency adoption nationwide, particularly in cities like Cochabamba. Here, Bitcoin ATMs are becoming more common, businesses are embracing crypto payments, and discounts are often offered for transactions made with digital assets, as reported by Cryptopolitan. With the Bolivian government artificially maintaining the official exchange rate while the black market rate plummets, citizens are using platforms such as Binance to acquire Bitcoin and stablecoins like Tether (USDT). This strategy helps them safeguard their finances against the weakening Bolivian boliviano. The central bank’s latest figures reveal an astounding 530% increase in crypto transactions, climbing from $46 million in the first half of 2024 to $294 million in the same period of 2025. Since t...

NAFDAC arrests 3, uncovers fake chemicals, expired flavours worth over N1bn

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The National Agency for Food and Drug Administration and Control, NAFDAC, yesterday uncovered an alleged illegal operation involving fake and expired food-grade chemicals, flavours, fertilisers, and repackaged raw materials valued at over N1 billion in the Alapere area of Ketu, Lagos. The raid led to the arrest of three suspects and the sealing of three warehouses, where the alleged illicit materials were being stored and distributed. Director of Investigation and Enforcement, Dr. Martins Iluyomade, who led the operation, said: “This is one of the many operations we are carrying out to protect the health of Nigerians. We got reliable information that certain individuals, while pretending to run a legitimate business, were involved in activities that are not only illegal but dangerous to lives. “The main offence here is the distribution and sale of expired chemicals. These are raw materials, some of which are precursors for other compounds, while others go directly into the production ...

30 Ondo kidnappers prosecuted in first half of the year – Police

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The Ondo State Police Command said it had arrested and prosecuted no fewer than 30 confirmed kidnap suspects while hundreds of armed robbery and other criminal suspects were nabbed in the first half of 2025. According to a statement by the Public Relations Officer of the command, Mr Olayinka Ayanlade, on Sunday, the period under review was under the leadership of the outgoing Commissioner of Police, Mr Wilfred Afolabi. Afolabi, the statement confirmed, has been redeployed from the state following the directive of the Inspector General of Police, Kayode Egbetokun. “If anything, his (Afolabi’s) tenure in Ondo State has been marked by notable achievements, including the arrest and prosecution of over 30 confirmed kidnappers, the dismantling of 83 cult gangs, and the apprehension of numerous armed robbers and car snatchers. These successes are a testament to his dedication, effectiveness, and leadership,” the PPRO stated. He however denied a report that Afolabi was removed following the ‘...

Two firefighters killed in ambush while responding to wildfire

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A t least two people were killed when firefighters tackling a blaze were ambushed by an unknown number of gunmen in an ongoing standoff in the northwestern US state of Idaho on Sunday, the local sheriff said. The blaze was still raging on the mountainside in Kootenai County as law enforcement exchanged gunfire with the shooter or shooters, Sheriff Robert Norris told reporters. “We now have two deaths. We have an unknown amount of casualties. We still have civilians that are coming off of that mountain… We are actively taking sniper fire as we speak,” he said at a press conference. The shooter showed “no evidence of wanting to surrender,” he continued, adding: “As soon as somebody has a clear shot, I encourage them to take that shot to neutralize the threat.” He said authorities believed the two people who were killed were firemen. Earlier, local fire chief Pat Riley described himself as “heartbroken” by the attack.

Iran and Israel ‘tired, exhausted’ by war – Donald Trump

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US President Donald Trump said Wednesday he believed the war between Iran and Israel was finished, as both sides were keen to end the fight. Asked why he was confident the conflict was over, Trump told reporters: “I dealt with both and they’re both tired, exhausted.” “They fought very, very hard and very viciously, very violently, and they were both satisfied to go home and get out,” said Trump. VANGUARD NEWS

Senate gives NNPCL fresh 10-day ultimatum over N210tn Missing Fund

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Again, the Senate has issued a 10 day ultimatum to the Nigerian National Petroleum Company Limited NNPCL to respond to 11 critical financial queries related to discrepancies in its audited financial statements, warning that failure to comply could attract serious constitutional consequences. The Committee on Public Accounts, Senator Aliyu Wadada, SDP, Nasarawa West at a resumed hearing yesterday however rejected a written request from the NNPCL seeking a two-month extension to compile responses and documents. Recall that last week, the Committee had expressed outrage over what it described as mind-boggling and unacceptable, financial irregularities uncovered in NNPC’s books, including over 200 trillion naira in unexplained receivables and undocumented legal and audit fees spanning the years 2017 to 2023. The disputed figures, comprising ₦103 trillion in “accrued expenses” and another ₦107 trillion listed as “receivables” were uncovered during the committee’s review of NNPCL’s financia...

Bandits kill farmer in Ondo

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The gruesome killing of a local farmer, Rabiat Atere, by suspected armed bandits at Oka Akoko, in Akoko South West Local Government Area of   Ondo State , has sparked outrage. Atere was reportedly attacked on her farm in Oka on Monday evening. The deceased, who hailed from Uba in Oka-Akoko, was said to have invested heavily on the farm before she was violently killed. A source who spoke to The Nation on Wednesday said the middle-aged woman whose corpse had already been deposited at the hospital morgue in Iwaro Oka was tilting on her farmland when the bandits struck. “It is a sad incident, but her lifeless body was discovered, and she was taken to a mortuary in Iwaro,” said, after pleading anonymously. Condemning the dastardly attack in strong terms, the bereaved youths of the community have called on the security agencies to smoke out the suspected marauders and perpetrators to face prosecution. The youths, under the aegis of Akoko Youth Forum (AYF), claimed that the killing of At...

Tinubu signs historic Tax Reform Bills to law Thursday

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President Bola Ahmed Tinubu   will on Thursday sign into law four historic tax reform bills set to overhaul Nigeria’s fiscal landscape, streamline tax administration, and boost investor confidence. The four bills — the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill — were recently passed by the National Assembly following extensive stakeholder consultations and technical reviews. The ceremonial signing is scheduled to take place at the State House, Abuja. A statement on Wednesday by Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the legislation as a major step forward in President Tinubu’s economic reform agenda, with the new legal framework expected to simplify tax compliance, enhance revenue generation, and improve the overall ease of doing business in Nigeria. “These laws will significantly transform tax administration in the country, leading ...

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