Admittance
Crypto ban: We acted in Nigerians’ best interest – CBN
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...
Coronavirus: No positive corps member in Cross River camp – NYSC
The National Youth Service Corps (NYSC) in Cross River has refuted claims that some members tested positive for coronavirus at the ongoing orientation exercise. In a statement by Assistant Director Press and Public Relations unit Enuma Peter, the NYSC authorities declared emphatically “there is no COVID-19 positive Corps Members in Cross River State NYSC Orientation Camp.” The clarification followed reports alleging 13 Corps members undergoing Orientation Course in the NYSC Permanent Orientation Camp in Obubra Local Government Area tested positive for COVID-19 in the state. The statement reads: “At no time was registered Corps Members tested positive as everyone was tested before admittance to the camp. The management of the NYSC would also like to use this opportunity to add that all orie...
