Domestic
Coinbase CEO: Regulate centralized actors but leave DeFi alone
Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contracts are “the ultimate form of disclosure.” Armstrong shared his views on cryptocurrency regulation in a Dec. 20 Coinbase blog where he proposed how regulators can help “restore trust” and move the industry forward as the market continues to recover from the damage done by FTX and its shock collapse. But decentralized protocols aren’t part of that equation, the Coinbase CEO emphasized. “Decentralized arrangements do not involve intermediaries [and] open-source code and smart contracts are “the ultimate form of disclosure,” Armstrong explained, adding that on-chain, “transparency is built in by...
Minister: New national forest policy will preserve ecosystems
Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources. The post Minister: New national forest policy will preserve ecosystems appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
South Africa Super Rugby teams back in training on Monday
South Africa’s Super Rugby franchises will be allowed to start training next week, officials confirmed on Friday, a step closer to a return to the playing field after a frustrating four months. The game has been suspended in the country since March due to the COVID-19 pandemic, with South African Rugby having to sit idle as domestic competitions took flight in New Zealand and Australia. “This is an important first step back to playing, and we have taken it carefully to ensure full compliance and having thoroughly interrogated the regulations with government,” SA Rugby chief executive Jurie Roux said in a statement. “Contact training will not be permitted for the moment but the players will be allowed back onto the field with a rugby ball and back into the gym – while observing strict proto...
Nigerian stocks down by N1.14 trillion in first half
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic. Benchmark indices at the Nigerian Stock Exchange (NSE), which are generally regarded as sovereign equity indices for Nigeria, showed that Nigerian stocks swiveled through steep decline in first quarter and a major recovery in early months of the second quarter, closing the six-month period with net loss of N1.14 trillion. The All Share Index (ASI), a common value-based index that tracks all share prices at the Exchange, closed first half at 24,479.22 points as against 26,842.07 points recorded...
Aviation stakeholders decry use of foreign airlines to evacuate Nigerians
Stakeholders in the aviation industry on Monday kicked against the continuous use of foreign airlines by the Federal Government for the evacuation of Nigerians in spite of domestic capacity to carry out the exercise. They expressed their displeasure in a chat with the Aviation Correspondents in Lagos, saying the situation was creating wrong impression about Nigeria and safety of its carriers. Speaking, Capt. Nogie Meggison, Executive Chairman, Airline Operators of Nigeria (AON), said the continuous use of foreign airlines to evacuate Nigerians by the government was contrary to its own directive that only indigenous carriers should be used. Meggison said that the onus still lies on the government to do the right thing by protecting its own carriers, as COVID-19 fears had forced government t...
NHRC: Most govt officials are ignorant of human rights
The Ebonyi state coordinator of the National Human Rights Commission (NHRC), Mr. Christopher Onyekachi, says most government officials are ignorant of human rights. Onyekachi who spoke with newsmen on Monday, in Abakaliki, called on government to make provision for human rights education our various academic institutions. “Most of the government officials are ignorant of human rights. There is need to help us through the program which UNICEF is ready to partner too. “Human rights education should be inserted in the curriculum of the schools so that children from the primary, secondary and Tertiary school levels will be ready to know what their rights are because these are the major people that will form members of the society. “So, when they learn their rights as the basic thing they will ...
President Buhari signs amended executive order on voluntary overseas asset declaration
President Muhammadu Buhari has signed the 2018 Amended Executive Order 008 on Voluntary Offshore Assets Regularization Scheme (VOARS). Dr Umar Gwandu, Special Assistant to the Attorney General of the Federation and Minister of Justice on Media and Public Relations disclosed this on Thursday in Abuja. “As a result of stakeholders input and need to strengthen implementation mechanisms and structures, the Order was reviewed. “Consequently, the Amendment to the Executive Order 008 was signed on May 20 by President Buhari’’. He said the Executive Order 008 as amended mandated the Attorney-General of the Federation to set up and implement a Voluntary Offshore Assets Regularisation Scheme otherwise referred to as `VOARS’. “VOARS gives all relevant persons and their intermediaries who have default...
Akwa Ibom takes delivery of fourth aircraft for Ibom Air
The Akwa Ibom State Government, on Tuesday, took delivery of the fourth aircraft in the fleet of Ibom Air. Speaking during the delivery of a Bombardier CRJ 900 aircraft, Governor Udom Emmanuel said the aircraft was still within warranty of planes in domestic aviation. Emmanuel said the arrival of the plane was in fulfillment of the business case and operational timetable that had been set by the government. “This is the latest in the addition to this fleet. I don’t want to be boastful, but check the domestic flights in Africa. “I want to believe when you have an airplane that is still within warranty in domestic aviation, you can hit your chest and praise yourself, even if no one does that. “We had a dream and I shared that dream with just one man; we held our hands and started the documen...
South Sudan registers two new coronavirus deaths
South Sudan has registered two new coronavirus deaths, just a day after recording its first virus related death. The government said that the dead were in their late 50s. Addressing the press on Friday in Juba, Dr Makur Koriom, the spokesman of the High-Level Taskforce says apart from the two deaths, the country also recorded four new Covid-19 cases on Friday. CONFIRMED POSITIVE “Three alerts that were admitted over the last 48 hours were confirmed positive. Unfortunately, the two of these alerts succumbed to their illness before we obtained their results,” Dr Koriom said. “The other alerts were positive, they came in critical conditions, but they were managed and they are now in a stable condition at Dr. John Garang Infectious Disease Unit. This brings the total number of confirmed Covid-...
