Interest
Investors shifting toward lower-risk crypto yields: Block Earner GM
Block Earner, an Australian fintech company, says the fall of Terra Luna in May has led to “positive surprises” for his company, with investors beginning to find their way toward the lower-risk crypto yield products they offer. Speaking to Cointelegraph, the company’s general manager Apurva Chiranewala revealed that the company has seen a surge of investors previously seeking double-digit returns but now wants a “less risky version” of those returns. “Given that the risks have gone up significantly for those returns, those guys have actually started coming in engaging with us because we look like the less riskier version of those double-digit return products.” Before their collapse, crypto lending platforms such as Celsius and Anchor Protocol offered annual percentage yields (APYs) o...
Nigerian community disturbed over looting, destruction, violence in South Africa
The Nigerian Union South Africa (NUSA) has expressed concern over the looting, destruction and violence that has trailed the incarceration of former President Jacob Zuma of South Africa. NUSA, in a statement made available to newsmen by its President, Adetola Olubajo, urged Nigerians in South Africa, most especially in various cities in Kwa Zulu Natal and Gauteng Provinces, to be vigilant and adopt safety and security measures. ‘The union is highly disturbed seeing the extent of looting, destructions and violence perpetrated by the angry protesters during our fact-finding trip to Johannesburg this morning. ‘Violent protest erupted in KZN province during the weekend after the incarceration of former President of South Africa, Jacob Zuma. Over 18 trucks were set ablaze, businesses looted and...
Manchester United, Chelsea jostle for £25 million Euro 2020 star
Manchester United and Chelsea have expressed interest in signing Denmark defender Joachim Andersen following his impressive performances at Euro 2020. Lyon centre-back Andersen, 25, featured in all three of Denmark’s knockout matches at the Euros, as Kasper Hjulmand’s side beat Wales and the Czech Republic before suffering a semi-final defeat to England. Having spent the 2019-20 season on loan at Fulham – and impressing for Scott Parker’s side despite the Cottagers’ relegation – Andersen is known to Premier League clubs. Despite returning to Lyon this summer, Andersen is expected to sign a permanent deal at an English club before next season, with a number of sides interested in securing his signature. The Sun say both Manchester United and Chelsea have identified the £25m star as a cheape...
Bayelsa government resolves crisis at Niger Delta University
The mediatory meeting covered Wednesday at the instance of the Bayelsa State Government between the Governing Council of the Niger Delta University, NDU, students’ representatives and other stakeholders has restored normalcy to the state-owned university. Students of the university had been protesting against the closure of the institution’s portal for payment of school fees and alleged enforcement of compulsory wearing of school uniform by the university authorities. But rising from the last round of meetings directed by Governor Douye Diri which were presided over by his deputy, Senator Lawrence Ewhrudjakpo, at the Government House, Yenagoa, it was agreed that the portal for the payment of school fees be reopened. A statement issued by the Senior Special Assistant on Media, Mr Doubara At...
#EndSARS: Ogun panel recommends payment of over N218 million to victims
Ogun Governor, Prince Dapo Abiodun, has assured that he will implement the report of the State’s Judicial Panel of Investigation on Police Brutality and Extra Judicial Killings. The Governor who gave the assurance while receiving the report said its implementation was necessary towards having a peaceful society and engendering of a more robust relationship between the people and security agencies. Governor Abiodun who spoke on Friday appreciated the Panel members for their selfless efforts and contributions towards the successful completion of the task. “I believe that the implementation of this report will end the gory experience often encountered by residents of the State”, the Governor assured. The State’s helmsman added that it is important for all of us as a people and security agenci...
Cross River: Igbo leaders to partner with police on community policing
President of Igbo Congress Cross River chapter, Prince Raymond Atulomah, has stated that Ndi Igbo would partner with police command in the area of community policing. Speaking during a courtesy call on the Cross River Commissioner for Police, Mr Sikiru Akande, in his office in Calabar on Friday, Atulomah said Igbo leaders crave for a crime-free society and therefore would contribute to ensuring that the police Command succeed in the area of crime fighting. He said Igbo are committed to promoting a peaceful co-existence between them and host communities especially in local security. He said: “We are here to pay solidarity visit to the Commissioner and congratulate him on his appointment. We pledge to collaborate with your office in the area of community policing. We promise to be law abidin...
Mass defection: House member asks PDP national chairman to resign
Rep Rimamnde Shawulu (PDP-Taraba), has urged the National Chairman of the Peoples Democratic Party (PDP), Mr Uche Secondus, to resign following mass defection from the party to the All Progressives Congress (APC). Shawulu said this a letter addressed to the chairman and made available to newsmen in Abuja on Wednesday. He decried the rate at which the party was losing members to the ruling APC in recent times. Shawulu also urged members of the National Working Committee (NWC) of the party to resign. “Today, unexpectedly, four members of the House of Representatives from Zamfara defected from the PDP to APC,” he said. He said unlike before, when leaders of the party at the House usually put up a form of protest, not a whisper was heard or a hand raised in protest against the defection. “Dear...
PDP vice chairman: Electronic transfer of results, a must for free, fair polls
The Peoples Democratic Party (PDP) in the South-south has called on the National Assembly to retain electronic transmission of results in the Electoral Act The National Vice Chairman, South-south of the party, Dan Orbih, made the call on Wednesday in an interview with the News Agency of Nigeria (NAN) in Benin. He was reacting to the purported removal of the provision for the electronic transfer of result provision from the proposed amendment Act currently being debated by the National Assembly. “Nigerians should resist the removal of electronic transmission of election results during elections from the Electoral Act because it is an invitation to unending electoral fraud,” Mr Orbih said. The introduction of electronic transmission of election results from the polling units to collation cen...
South Africa’s Jacob Zuma mounts last-ditch legal fight against jail term
South Africa’s ex-president Jacob Zuma on Friday mounted a last-ditch legal bid to avoid prison after the country’s top court ordered him jailed for failing to appear before graft investigators. In a landmark ruling, the Constitutional Court on Tuesday handed Zuma a 15-month term for contempt after he snubbed a probe into the theft of state assets under his tenure. If the 79-year-old fails to turn himself in by Sunday, police will be given a further three days to arrest him and take him to jail to start the sentence. As the deadline loomed, Zuma pleaded on Friday that the order be “reconsidered and rescinded.” “It will not be futile,” Zuma said in papers filed to the court, “to make one last attempt to invite the Constitutional Court to relook its decision and to merely reassess whether it...
Ondo assembly passes anti-open grazing, judicial autonomy bills into law
In a bid to regulate the activities of herdsmen and the rearing of livestock in the state, the Ondo State House of Assembly has passed into law the anti-open grazing bill. The House also passed into law the bill on the autonomy of the judiciary and the bill on violence against persons prohibition. The bills were passed after the chairmen of three committees submitted their reports on the bill. The plenary session of the Assembly, held on Thursday, was presided over by the Speaker, Mr Bamidele Oloyeloogun. Speaking on the bills at the session, the committee chairmen remarked that the bills were in the best interest of all citizens of Ondo State. On the anti-open grazing bill, Mr Taofik Mohammed of the House Committee on Agriculture explained that the bill was to regulate rearing and grazing...
Ekiti governor urges Nigerians to rise up, defend democracy
The Chairman of the Nigeria Governors’ Forum, and Governor of Ekiti State, Kayode Fayemi, has called on Nigerians to rise to the defence of democracy in Nigeria with a view to advancing the development of the country. Mr Fayemi made the call Tuesday in Abuja when he visited the Canadian Ambassador to Nigeria, Nicolas Simard, at his residence. The visit by the NGF Chairman was part of the Chairman’s shuttle diplomacy to representatives of the diplomatic corps in Nigeria, which is one of the initiatives of the Nigeria Governors’ Forum’s secretariat towards engendering inter-governmental synergy between global governments at the subnational level. Mr Fayemi’s visits on Monday took him to the residence of the Canadian ambassador to Nigeria, and the embassy of the People’s Republic of China and...
House member: Lai Mohammed destabilizing Kwara, destroying APC
The All Progressives Congress (APC) lawmaker representing Offa/Oyun/Ifelodun Federal Constituency of Kwara State at the National Assembly, Hon Tijani Kayode Ismail, has accused the Minister of Information and Culture, Alhaji Lai Mohammed, of destabilizing the state and destroying the party. Ismail spoke at a press conference in Ilorin on Wednesday in reaction to the recent comments by the minister. According to him, “There were crises before the party’s primary election and after the emergence of party candidates, I could remember when Alhaji Lai Mohammed made attempt to replace the names of some candidates. “He personally told me to step down for Gbenga Power which I resisted and he later sponsored Gbenga to challenge my victory in Court. Thank God, I came out victorious. “Alhaji Lai, as ...