News
-
Cryptocurrency Ban: Nigeria unprepared to embrace the future – Ezekwesili
Former Minister of Education, Oby Ezekwesili has condemned the decision of the Central Bank of Nigeria (CBN) to ban cryptocurrency in the country. In a tweet she shared via her twitter handle, Ezekwesili described the CBN policy as ‘regress-into-the-Stone Ages-policy.’ She wrote in a series of tweets: “Now, whenever I see an egregious regress-into-the-Stone Ages-policy move by @NigeriaGov or its @cenbank and recall something one had previously said on same issue only a SMH follows. I’ll repost tweets from my September 2020 Keynote speech @BlockchainNG conference. Na waaa. “Frankly @cenbank, all you needed to do was, map all the legitimate…
Read More » -
“Cow Ranching business is more lucrative than all cryptocurrencies combined” – Former Presidential aspirant, Adamu Garba reacts to CBN’s directive
Former Presidential aspirant, Adamu Garba has reacted to a Central Bank’s directive to financial institutions where they were asked to close accounts “dealing in cryptocurrencies or facilitating payments for cryptocurrency”. Garba Adamu in his tweet advised that people should learn to invest in real assets like cows. According to him, Cow Ranching business is more lucrative than all cryptocurrencies combined. He alleged that many people have lost money through cryptocurrencies as he described it as a “shortcut business”. He tweeted; “Better Investments! Those who might have lost their monies through a shortcut business called Crypto should learn to invest on…
Read More » -
WTO DG: Okonjo-Iweala reacts as US declares support for her
Former Finance Minister, Ngozi Okonjo-Iweala has expressed gratitude as the United States has declared it’s support for her as the next Director-General of the World Trade Organization (WTO). The endorsement was according to a statement by the office of the US Trade Representative. The statement had expressed President Joe Biden administration’s strong support for Nigeria’s former Finance Minister following the decision by the Republic of Korea’s Trade Minister, Yoo Myung-hee to end her candidacy. It said Iweala is respected for her effective leadership and has proven experience managing a large international organization with a diverse membership. Reacting to this in…
Read More » -
Biden reverses Trump’s U.S- WTO stance, says he fully supports Okonjo Iweala to lead WTO
The United States on Friday said it was now backing Nigeria’s candidate for the top job at the World Trade Organisation, Ngozi Okonjo-Iweala. The US, under the administration of Donald Trump, had favoured South Korea’s Trade Minister Yoo Myung-hee. But Ms Myung-hee, earlier on Friday, announced that she was abandoning her bid to lead the international trade body. “The United States takes note of today’s decision by the Republic of Korea’s Trade Minister Yoo Myung-hee to withdraw her candidacy for Director-General of the World Trade Organization (WTO),” a statement from the Office of the United States Trade Representative said. “The…
Read More » -
Biden Promises Partnership With Africa, Hopes To Attend Next AU Summit
President Joe Biden on Friday promised partnership with Africa and said he hoped to attend the next African Union summit, an about-face in US interest in a continent largely ignored by his predecessor. In a video message to this weekend’s African Union summit, being held virtually due to Covid, the new US leader promised to work with Africans on his key priorities of fighting the virus and climate change and also to advance diplomacy to end the continent’s conflicts. “None of this is going to be easy, but the United States stands ready now to be your partner in solidarity,…
Read More » -
APC has done tremendously well for the SouthEast – Former Senate President, Ken Nnamani says (video)
Former Senate President, Ken Nnamani has said the All Progressives Congress (APC)-led Federal Government has done tremendously well for the South-East region. Nnamani who is a chieftain in the APC, stated this in an interview with Channels TV this evening February 5. “Infrastructurally, although it has not been publicized, the All Progressives Congress (APC) has done tremendously well in the Southeast.I drove from Owerri to Enugu just two days ago; I came back to Abuja just yesterday. The Enugu-Port Harcourt road that has remained a death trap, if you have seen it yourself and seen the quality of construction going…
Read More » -
Uche Maduagwu says Nollywood producers have refused to work with him after he came out as a gay man
Actor Uche Maduagwu shared the photo of himself above rocking a Red lacy bustier as he revealed that Nollywood producers have refused to work with him since he came out as a gay man. ”My valentines date must be a billionaire man with big cassava. being gay is happiness. some movie producers refuse to work with me because i came out as gay in nollywood” he wrote
Read More » -
”Do not sleep with men for money. It’s a miserable lifestyle”- Actress Didi Ekanem tells Ladies
Actress Didi Ekanem has advised ladies against sleeping for men with money as it is a miserable lifestyle. Didi gave the advice via her Instastories. See the post below
Read More » -
Two Siblings arrested for murder of Makeup Artist
Two siblings identified as Ifezue Chiamaka and Ifezue Emeka, have been arrested for killing a make-up artist, Ijeoma Nweke. Ijeoma Nweke went missing in November and the suspects allegedly behind the murder were eventually fished out. On Wednesday, February 3, 2021, the suspects were charged with murder at Enugu State Magistrate Court. According to reports, Chiamaka conspired with her brother around November, 2020, to kill Ijeoma for allegedly ‘having an affair with her boyfriend’. Chiamaka reportedly lured Ijeoma by inviting her for a makeup job. However, when the victim got close to the place, she suspected foul play and she…
Read More » -
We will keep negotiating with bandits — Zamfara Governor, Matawalle
Governor of Zamfara State, Bello Matawalle, has expressed that the state government will continue to negotiate with bandits to achieve peace in the state. Matawalle stated this while he was visited by renowned Islamic Scholar, Ahmad Mahmud Gumi, at the Government House on Thursday. The Zamfara Governor expressed that his government will continue to negotiate with the bandits no matter what the opposition says. Gumi, who was in the state for a peace meeting with the gunmen, told the governor that “what is currently happening in Zamfara is insurgency and not banditry”. He said the bandits had completely turned into…
Read More » -
CBN directs banks to close accounts of cryptocurrency traders
The Central Bank of Nigeria (CBN) has directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems. The apex bank made this known in a circular released to deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) on Friday. In January 2017, CBN had said digital currencies such as bitcoin, litecoin, and others are largely used in terrorism financing and money laundering, considering the anonymity of virtual transactions. It had also said that such currencies are not accepted as legal tender in Nigeria. In February 2018, the apex bank also…
Read More » -
I get scared, cold anytime Sunday Igboho is mentioned — Seriki Fulani
The Seriki Fulani of Igangan, Saliu Abdulkadri has expressed how much he dreads Yoruba activist, Sunday Adeyemo, popularly known as Sunday Igboho. Speaking in a interview with BBC in Thursday, he said he gets scared and cold anytime he hears the name of Igboho. Abdulkadri narrated that what he experienced when “Igboho and his boys stormed his residence was still fresh in his memory.” The Seriki said he had never experienced nor witnessed such in his life. Abdulkadri, who has relocated to his hometown in Ilorin, Kwara State, stated that the day he heard that Igboho has gone to Ogun…
Read More »