News
Real Reason Why Buhari Ordered Partial Closure Of Nigeria-Benin Border

Nigeria’s President, Muhammadu Buhari has disclosed that the partial closure of Nigeria’s border with Benin Republic was due to the massive smuggling activities, especially of rice, taking place on that corridor.
President Buhari, on Wednesday, disclosed this during an audience granted his Beninois counterpart, Patrice Talon, on the margins of the Seventh Tokyo International Conference for African Development (TICAD7), in Yokohama.
Buhari, in a statement signed by his Special Adviser on Media and Publicity, Mr Femi Adesina, expressed great concern over the smuggling of rice, stressing that it threatened the self-sufficiency already attained due to his administration’s agricultural policies.
“Now that our people in the rural areas are going back to their farms, and the country has saved huge sums of money which would otherwise have been expended on importing rice using our scarce foreign reserves, we cannot allow smuggling of the product at such alarming proportions to continue”, he said.
He informed that the limited closure of the country’s western border was to allow Nigeria’s security forces develop a strategy on how to stem the dangerous trend and its wider ramifications.
Reacting to the concerns raised by President Talon on the magnitude of suffering caused by the closure, the Nigerian leader, Buhari explained that he had taken note and would reconsider reopening in the not too distant future.
He hinted that a meeting with his counterparts from Benin and Niger Republics would soon be called to determine strict and comprehensive measures to curtail the level of smuggling across their borders.
President Talon had earlier said he called on the Nigerian President as a result of the severe impact the closure of the Nigerian border was having on his people.
In a related development, President Buhari also received in audience, President Cyril Ramaphosa of South Africa during which issues of common bilateral relations especially, the killings of Nigerians in South Africa, were discussed. The matter will be further examined during the Nigerian leader’s official visit to Pretoria in October 2019.
News
FG Declares April 18, 21 Public Holidays for Easter Celebration

The Federal Government has declared Friday, 18 April and Monday, 21 April 2025 as public holidays to mark Good Friday and Easter Monday celebrations across the country.
This was announced in a statement issued on Tuesday by the Permanent Secretary of the Ministry of Interior, Dr Magdalene Ajani, on behalf of the Minister of Interior, Dr Olubunmi Tunji-Ojo.
“Announcing this on behalf of the Federal Government, the Minister of Interior, Dr Olubunmi Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion,” the statement read.
The Minister emphasised the significance of Easter, urging Christians to reflect on the virtues of sacrifice, love, and selflessness exemplified by Jesus Christ, who laid down His life for the redemption of humanity.
Dr Tunji-Ojo also encouraged Nigerians to use the holiday period to offer prayers for peace, unity, and stability in the country. He reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to the Renewed Hope Agenda, aimed at driving national growth and development.
In his message, the Minister called on citizens to extend love and goodwill to their neighbours through acts of kindness and generosity, embodying the spirit of Easter.
He concluded by wishing Christians a blissful Easter celebration and extended warm holiday greetings to all Nigerians.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
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