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Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework for cryptocurrency exchanges operating in the country. The regulatory framework was submitted in response to the federal Treasury’s consultation paper for “crypto asset secondary service providers” (CASSPs) defined as firms providing custodial crypto wallets and exchange services. CHOICE commented: “As it stands, enforceable protections in the unregulated cryptocurrency market are somewhere between negligible and non-existent.” Outlining four main areas in its framework, the group called for a single definition of crypto for better regulation, a license for exchanges in line with current financial licensing, ...

PDP governors celebrate Akwa Ibom governor at 55

The Peoples Democratic Party Governors’ Forum (PDP-GF), has congratulated the Gov. Udom Emmanuel of Akwa-lbom, as he celebrates his 55th birthday anniversary. The Forum in a statement issued by its Director-General, C.I.D Maduabum, congratulated Emmanuel on his accomplishment. Maduabum said that the forum, under the chairmanship of Gov. Aminu Tambuwal, of Sokoto State, was proud to associate with Emmanuel. “The Forum is particularly enamoured by your numerous accomplishments and milestones since you assumed office as governor in 2015, Ibom Air company has continuously raised the bar in aviation successes and standard, growing to become one of the most resilient airline in the country in terms of safety and passenger comfort. “Your prudence in the management of state resources has been unco...

Imo PDP chieftain joins APC

Mr Hillary Ugochukwu, a chieftain of the Peoples Democratic Party (PDP) in Imo, has defected to the All Progressives Congress (APC). Ugochukwu, a former senatorial aspirant of the party, announced his defection at a reception organised in his honour by the state leaders of the APC in Owerri on Saturday. Ugochukwu lauded Gov. Hope Uzodimma on his achievements in office and expressed willingness to work with him towards taking the state to greater height. The former aspirant, an agriculturist and estate developer, called on his supporters to join him in his struggle to make the state a better place. He said he registered with the APC in his home ward in Ogwa in Mbaitoli Local Government Area (LGA) of the state before his advancement to the state level. ”After careful thought and due consulta...

Yahaya Bello: Nigeria deserves the best captain no matter where he comes from

The Governor of Kogi State, Alhaji Yahaya Bello, has said that rather engage on the unconstitutional issue of rotational presidency, what Nigerians should focus on is look for that Nigerian, no matter where he comes, who can be the captain to pilot the country to the promised land. The governor who stated this at the First Annual Governor Yahaya Bello (GYB) Seminar for Nigeria’s Political and Crime Correspondents/Editors at the Transcorp Hilton, Abuja, said that even after 16 years of Peoples Democratic Party (PDP) and another six years of All Progressives Congress (APC), in the country, the problems of the nation has not been solved by the rotational presidency that has taken place over the years. Bello insisted that the political party must not limit the choice of Nigerians to any region...

Dutch FA opens talks with Louis van Gaal over return to national team

Louis van Gaal has moved a step closer to returning as Netherlands coach for a third time after meeting with Dutch football association officials to discuss the job, local media reported on Friday. The reports said the 69-year-old held talks at his home in Portugal on Thursday with KNVB directors Nico-Jan Hoogma and Eric Gudde, who are responsible for the choice of a new coach after Frank de Boer’s resignation. De Boer resigned after their Euro 2020 last-16 defeat to Czech Republic on June 27 and the KNVB said it would move swiftly to find a replacement, with the team set to resume their World Cup qualification campaign in September. Van Gaal, who officially retired in 2019 but stepped away from the game two years earlier after leaving Manchester United, had two previous spells at the helm...

Anambra election: APGA in marathon race to beat INEC deadline

The deadline given by the Independent National Electoral Commission (INEC) for all registered political parties interested in participating in the November 2021 Anambra State governorship election elapses in less than 24 hours. The development, newsmen has gathered, has heightened last minute scheming and jostling within the ranks of the Jude Okeke-led leadership of the All Progressives Grand Alliance (APGA) and its candidate in the election, Chuma Umeoji. Recall that according to the election timetable released by INEC, political parties are required to submit the personal particulars and names/list of nominated candidates between July 2 and July 9, 2021. With the development, APGA leadership and Umeoji, who is a current member of the House of Representatives has come under intense pressu...

AfreximBank to support Ogun infrastructural development with $200 million

The African Export-Import Bank (Afrexim) has disclosed its plans to support infrastructural development in Ogun State with an envelope of $200m. The fund, according to the bank, will be dedicated towards projects and other developmental initiatives embarked upon by the incumbent administration in the state. The President and Chairman of the Board of Directors of the Afrexim Bank, Benedict Oramah, who made this known when he led management of the bank on a courtesy visit to Governor Dapo Abiodun at his Oke-Mosan Office, Abeokuta, on Monday, equally said the bank would partner Ogun on ensuring that the 250-bed Specialist Hospital, Abeokuta, is completed and begin operations soon. Oramah, while noting that the bank has been investing heavily in the health sector in Africa to develop vaccines ...

Gianluigi Buffon: Why I turned down Champions League for Parma

Gianluigi Buffon has said he rejected ‘two opportunities to even win the Champions League’ so that he could help Parma come back into Serie A and hasn’t lost hope of a spot at the 2022 World Cup. The 43-year-old shot-stopper signed the two-year contract and will be presented to the media this evening after leaving Juventus for the club where his career first started as a teenager. “I have many memories, above all the motivation and hope is to write a few more important pages in the history books of this club, and I know I can do it,” Buffon told Sky Sport Italia. “That is the main reason I returned here, along with the other 999 reasons! I felt such strong emotions, as an emotional reaction is the only way to keep delivering at this level at my age. “I knew Parma would give me something th...

Imama Amapakabo: Why Andre Onana should consider Arsenal move

Andre Onana leaving Ajax and joining Arsenal would be “a good move” for the Cameroon international, according to former Nigeria U23 coach Imama Amapakabo. The Gunners have held discussions with the 25-year-old’s representatives, albeit, they have yet to decide whether they will step up their chase of the goalkeeper. Arsenal was on the lookout for a keeper following the departure of Emiliano Martinez in September 2020 and the underwhelming form of summer recruit Alex Runarsson. Despite technical director Edu and Mikel Arteta being big admirers of Onana, financial issues prevented the North London outfit from making a firm offer, instead they opted to sign Mat Ryan on loan from Brighton & Hove Albion. Amapakabo – who was a goalkeeper during his active career – and was part of the Nigeria...

Cristiano Ronaldo is unconcerned over Juventus future

Juventus superstar Cristiano Ronaldo insists his sole focus is on Euro 2020 and reports of interest from rival clubs are causing him no “sleepless nights”. Ronaldo left Real Madrid for Juve in 2019, but the move has not worked out quite as planned. Although the Bianconeri won the Serie A title for a ninth successive season in the forward’s first campaign, they lost their crown to Inter this term and scraped Champions League qualification. Success in Europe’s premier club competition, which Ronaldo won five times with Manchester United and Madrid, continues to evade the Turin giants. A frustrating season ended with Massimiliano Allegri returning to replace Andrea Pirlo, and there has been speculation Ronaldo could follow his coach out of the door. Madrid, United and Paris Saint-Germain have...

Cristiano Ronaldo is unconcerned over Juventus future

Juventus superstar Cristiano Ronaldo insists his sole focus is on Euro 2020 and reports of interest from rival clubs are causing him no “sleepless nights”. Ronaldo left Real Madrid for Juve in 2019, but the move has not worked out quite as planned. Although the Bianconeri won the Serie A title for a ninth successive season in the forward’s first campaign, they lost their crown to Inter this term and scraped Champions League qualification. Success in Europe’s premier club competition, which Ronaldo won five times with Manchester United and Madrid, continues to evade the Turin giants. A frustrating season ended with Massimiliano Allegri returning to replace Andrea Pirlo, and there has been speculation Ronaldo could follow his coach out of the door. Madrid, United and Paris Saint-Germain have...

Unknown writers threaten Delta with mayhem for banning open grazing

A group of unidentified persons on Sunday threatened to attack Asaba and Agbor in Delta State should Governor Ifeanyi Okowa fail to withdraw his support for the ban on open grazing within 72 hours. An unsigned letter containing the threat was pasted at strategic locations in Asaba, including the fence of the Living Faith Church, aka Winners Chapel along Infant Jesus road. The letter, titled, ‘Fulani jihadist warning: An open message to Delta State,’ was dated June 13, 2021. It read, “This is to inform Delta State that the Fulani of Usman Dan Fodio leadership shall do everything it can to uphold the legacy of our heritage of open grazing; for we are nomadic people from origination and shall never negotiate the ownership of Nigeria, West Africa and Sub-Sahara. “We hereby demand the Governor ...

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