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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...

Appeal Court strikes out Facebook’s appeal against trademark judgment

The Court of Appeal sitting in Lagos, Tuesday, dismissed Facebook’s appeal challenging the judgment of a Federal High Court, Lagos, which awarded N10 million against it (Facebook) in favour of a Nigerian firm, Double Paws Enterprise, as damages for unlawfully interfering with the use of the firm’s trademark. The appellate court justices that decided the matter were Justices Haruna Tsammani, Oluwayemisi Williams-Dawodu, and Abdullahi Bayero. Justice Bayero read the lead judgment. Facebook had appealed the lower court judgment through its counsel, Jackson Etti. However, counsel to the respondent, Double Paws Enterprise, was Mr Gideon Okebu. Facebook challenged the competence of the appeal and urged the Appeal Court to dismiss the same for being fundamentally flawed. Justice Bayero in the lea...

Gombe governor suspends Mai Tangale selection process

Gombe State governor, Muhammadu Inuwa Yahaya, has suspended all proceedings leading to the selection of a new traditional ruler of Tangale Chiefdom until peace is fully restored to the troubled area which has seen days of violent protests. This follows confirmation by the state’s commissioner of Police, Maikudi Shehu confirmed that three persons have been killed during the crises. The police commissioner who spoke when the governor led some members of the government on assessment tour of the destruction of lives and property in Billiri local council area said: “So far we have arrested 10 suspects and we are still counting. About three people died during the cause of incident.” Meanwhile, governor Inuwa Yahaya during statewide broadcast yesterday shortly after returning from Billiri that th...

Edo government warns worship, events centres against violating coronavirus protocols

The Edo State Government has warned owners of event centres, eateries, restaurants, pubs, shopping malls and other places hosting social events in the state against violating the state’s COVID-19 prevention protocols. In a statement signed on Saturday by the Secretary to the State Government, Osarodion Ogie, the government said event centres or business premises that violate regulations on social gatherings would be shut and owners or operators would be prosecuted at designated mobile courts. Ogie noted that the state COVID-19 compliance team had been mandated to ensure strict enforcement of the directives at the weekend, starting from Friday, February 19, 2021, with instructions to ensure full compliance with the protocols. “The Edo State Government hereby warns all event centres, eaterie...

Senator threatens to join kinsmen in self defence against Fulani herdsmen

Facebook Worried by the seeming helplessness of security agencies to stem the tide of incessant attacks of communities in Yewaland in Ogun State allegedly by Fulani herdsmen, Senator Solomon Adeola (APC-Lagos West) has threatened to join his kinsmen in self defence. The Senator, who made the threat in a statement in Abuja on Sunday, said his action in that direction is being fuelled by the inaction of both the Federal and Ogun State Governments to stop incessant attacks of communities in Yewaland by Fulani herdsmen. Adeola, in the statement signed by his Special Adviser on Media, Kayode Odunaro, said the latest of such attacks were the ones brazenly carried out in Yewa North, Imeko, Afon, Ipokia and Yewa South Local Government Areas two weeks ago, occasioning several deaths and destruction...

Hundreds of thousands protest in Myanmar as army faces crippling mass strike

Hundreds of thousands of protesters took to the streets in Myanmar for a ninth day of anti-coup demonstrations on Sunday, as the new army rulers grappled to contain a strike by government workers that could cripple their ability to run the country. People surround a police vehicle as they protest against the military coup, in Yangon, Myanmar February 12, 2021 in this still grab obtained by Reuters from a video on February 13, 2021. Trains in parts of the country stopped running after staff refused to go to work, local media reported, while the military deployed soldiers to power plants only to be confronted by angry crowds. A civil disobedience movement to protest against the Feb. 1 coup that deposed the civilian government led by Aung San Suu Kyi started with doctors. It now affects a swa...

Police charge Lekki tollgate protesters with ‘breaching public peace, coronavirus protocol’

The police in Lagos have charged 40 protesters arrested at the Lekki tollgate on Saturday to court, for breaching public peace. The arrested protesters include, Debo Adebayo, popularly known as Mr Macaroni, Dabiraoluwa Adeyinka, Damilare Adenola, Anjorin Joseph, Paul Terkuma and Anisere Sodiq. The protesters were charged at the Magistrate Court of Lagos State, Yaba. In the charge sheet obtained by newsmen, they were charged on three counts including failing to comply with the “Quarantine Law which prohibit any social gathering to avoid spreading and contacting of Coronavirus Disease”. The other charges are “breach of public peace, harassment, and causing unnecessary alarm to the public”. Newsmen earlier reported the arrest of the protesters and how they were manhandled by police officers. ...

Police warn against unlawful gathering in Osun

The Police in Osun has warned against unlawful gathering or blocking of free-flow of traffic in the state. In a statement by the police spokesperson in the state, Yemisi Opalola, the police said it had information that some unscrupulous elements were planning to start an #EndSARS solidarity protest in the state. “The intelligence availed the command revealed that some unscrupulous elements are planning to embark on unlawful gathering, in solidarity with #EndSARS protesters elsewhere. “The commissioner of police has advised that this unlawful plan should be jettisoned. “He has warned that the command will not condone any act that will jeopardise the peace and tranquillity presently enjoyed in the state. “Note also that gathering of any sort now is unlawful and a violation of COVID-19 laws. ...

Senate asked to probe public hearing on medical council bill

The Joint Health Sector Unions (JOHESU), the umbrella body of health workers in the country, has demanded that Senate probe the recent public hearing of the Medical and Dental Council of Nigeria (MDCN) Bill as it accused Chairman of the Senate Committee on Health, Dr. Ibrahim Oloriegbe, of disenfranchising its members. JOHESU Chairman, Comrade Joy Bio Josiah flayed what he called “vindictive and discriminatory” attitude of Dr. Oloriegbe against other medical professional bodies as he gave his constituency, MDC and NMA more time to canvass their views on the contentious bill. “We challenge Oloriegbe and the NMA to produce video and audio evidence contrary to this. The point here is Oloriegbe does not understand the philosophy and basics of running Public Hearings because he pointedly domina...

President Buhari writes Senate, seeks confirmation of service chiefs

President Muhammadu Buhari has written formally to the Senate for the confirmation of the appointment of the newly appointed Chief of Defence Staff (CDS) and service chiefs. He has also sought the consent of the upper legislative chamber for the appointment of the former Chief of Defence Staff (CDS), General Gabriel Olonisakin (rtd) and erstwhile service chiefs as non-career Ambassadors. The two separate confirmation request letters were read on Tuesday at the resumption of Senate plenary after the Christmas break by the President of the Senate, Dr Ahmad Lawan. The first letter dated January 27, 2021 read in part: “In compliance with the provisions of Section 18(1) of the Armed Forces Act. Cap A20 Laws the Federation of Nigeria 2004, I hereby forward for confirmation by the Senate, the app...