Ownership
ECB: One in ten households in eurozone population centers now own cryptocurrency
On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said they own digital assets worth more than 30,000 euros. Meanwhile, 37% of respondents said they owned up to 999 euros in crypto. Across all of the countries surveyed, investors in the fifth income quintile (or the wealthiest 20% of the population) consistently had the highest proportion of cryptocurrency ownership relative to other income groups. The Consumer Expectation Survey asked adults aged 18 to 70 if they or anyone in their household owned financial assets in va...
Presidency: Niger Delta Avengers’ threat unnecessary
File Photo The Presidency on Sunday reacted to the threat by the Niger Delta Avengers to bomb oil installations if some demands were not met by federal government, saying the recent threat of force by the Avengers is unnecessary. It, however, said it was curious that the threat was coming barely 48 hours after President Muhammadu Buhari met with the leadership of the Niger Delta and Ijaw National Congress (INC), at the State House, Abuja and the germane issues, especially call for restructuring of the federation, and the inauguration of a Board for the Niger Delta Development Commission (NDDC), had been thrashed out. A release on Sunday by the Media Adviser to the President, Femi Adesina, stressed that the media was Sunday awash with threats and demands by a group, Niger Delta Avengers, to...
NAFDAC tasks stakeholders on drug abuse eradication
The National Agency for Food and Drug Administration and Control (NAFDAC) has stressed the need for all stakeholders to work together towards eradicating the menace of drug abuse in the country. Prof. Moji Adeyeye, NAFDAC Director General, made the call on Tuesday in Abuja, at the 3rd National Youth conference on drug abuse, organised by Centre for Ethical Rebirth among Nigerian Youth (CERANY), an . Represented by the agency’s Director, Narcotics and Controlled Substances, Mr Musa Umar, she said all hands must be on deck to find solutions to the problem of drug abuse, adding that all should be determined to eradicate the scourge. According to her, the problem of drug abuse concerns everybody, saying cooperations must be strengthened to decisively deal with the problem. “Of all the crises f...
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 ...
Lagos governor asks security agencies to crush criminals
Lagos State Government has tightened the noose on criminal elements, as Governor Babajide Sanwo-Olu fortifies the armoury of the State Police Command with new hardware and gadgets. One hundred and fifty units of double cabin vehicles, 30 patrol saloon cars, four high-capacity troop carriers and two anti-riot water cannon vehicles are part of the crime-fighting equipment donated to the police, yesterday, by the Lagos Government to strengthen security responses across the state. President Muhammadu Buhari took inventory and inaugurated the security equipment before Governor Sanwo-Olu handed over the gears to the Inspector-General of Police (IG), Mr. Alkali Usman, for the use of Lagos Police Command. The equipment and gadgets were procured through the Lagos State Security Trust Fund (LSSTF) –...
EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
Bulgaria to set up its own ‘blacklist’ after U.S. graft sanctions
Bulgaria will set up its own “blacklist” of companies and people associated with three Bulgarians and 64 entities that the United States has imposed sanctions on over alleged corruption, preventing state dealings with them, the interim government said late on Friday. The United States this week blocked assets and cut off access to its financial system to former lawmaker and media mogul Delyan Peevski, government official Ilko Zhelyazkov and fugitive gambling tycoon Vassil Bozhkov. The interim government, in office until a July 11 parliamentary election, is setting up a group of financial and interior ministry officials as well as tax and intelligence officers to identify and list people and entities associated with those under U.S. sanctions. State administrations and companies with state ...
Nigerian government mulls deployment of GPS to monitor constituency projects, expenditure
The Federal Government, yesterday, considered the deployment of Global Positioning System (GPS) across the six geopolitical zones, in a bid to monitor constituency projects and expenditure. It also considered a bottom-up approach in the siting and location of zonal/constituency projects to enhance and ensure ownership by the constituents. This was contained in a communiqué issued at a 2-day stakeholders’ interactive forum organized by the Ministry of Special Duties and Intergovernmental Affairs, yesterday in Abuja. The communiqué which was signed by Simon Tyungu, a Special Adviser to the Minister of Special Duties and Intergovernmental Affairs, George Akume, added that ICT platforms should be created for monitoring and evaluation of projects to reduce physical exercise. According to him, “...
LAUTECH: Oyo governor announces 25% reduction in tuition fee of students
Osun Defender Governor ‘Seyi Makinde of Oyo State, yesterday, announced 25 percent reduction in the tuition fee of students of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso. The governor made the promise, while meeting with students of the institution on Tuesday, during his visit to the town to commission the school’s teaching hospital’s High Dependency Unit. He also promised to regularise the school’s academic calendar in a way that fout-year course offered by students would not be extended to eight-year term as a result of strike. The governor maintained that the reduction would cut across the board, adding that he made the move despite the fact that the LAUTECH fee is still the lowest in the entire Southwest. He stressed that he has fulfilled his electioneering campaign, ...
Jose Mourinho: Why I accepted to coach Roma
Jose Mourinho has said he desires to ‘create a winning project’ at Roma and chose the Gialloross for ‘the incredible passion of the fans’. The 58-year-old returns to Serie A ahead of 2021-22 with 25 major trophies in his luggage so far. The former FC Porto, Chelsea, Inter, Real Madrid, Manchester United and Tottenham Hotspur coach has accepted a three-year contract and will succeed Paulo Fonseca after the season. “Thank you to the Friedkin family for choosing me to lead this great club and to be part of their vision,” Mourinho told the club’s official website. “After meetings with the ownership and Tiago Pinto, I immediately understood the full extent of their ambitions for AS Roma. It is the same ambition and drive that has always motivated me and together we want to build a winning proje...
Nigerian journalist: Why I returned missing $3,000 to owner
Mr Abdulkadir Shehu, a journalist with Progress FM, a private radio station in Gombe, said he returned the $3,000 dollars he found along the road to its owner, because it would be wrong for him to claim it. Shehu told newsmen in Gombe on Monday, that as at the time he returned the money, he had less than N2000 on him. “I was really in dire need of money at the time because I had received a call from Kano that my son was sick and needed to be tested for kidney and liver diseases at the hospital. “They couldn’t go ahead with the test because there was no money. “My son is still under medical supervision, but I will try to get the N35,000 for the test on Tuesday,’’ he said. Shehu stressed that poverty should not be an excuse for anyone to do what is wrong, adding that a person’s honesty is be...
Senate president condemns attacks on correctional facilities
President of the Senate Ahmad Lawan has decried recent attacks on Police formations and Correctional facilities in Imo. A statement by Mr Ola Awoniyi, the senate presidents Special Assistant on Media, said Lawan described those responsible for the attacks as enemies of the people and country. Lawan stated this in Owerri on Friday while inaugurating a road project completed by Gov. Hope Uzodinma of Imo. He said that the aim of the attackers was probably to cause a distraction for the Imo government or even the Federal Government. The road which was named after a former Senate President, Late Chief Evan Enwerem, was one of the infrastructural projects inaugurated to mark Uzodinma’s one year in office. Lawan advised the people to take ownership of the projects, utilise them well and protect t...
