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Australian senator drafts bill aimed at stablecoin, digital yuan regulation

Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan. In a statement on Sept. 18, Senator Bragg stated that “Australia must keep pace with the global race for regulation on digital assets” as “it is essential that the parliament drives law reform” on the matter. The new draft bill, titled Digital Assets (Market Regulation) Bill 2022, calls for the introduction of licenses for digital asset exchanges, digital asset custody services, stablecoin issuers, as well as disclosure requirements for facilitators of the e-Yuan in Australia. Australia must keep pace in the digital assets race: a bill to protect consumers, promote investment & protect our inter...

Gender Equality Bill Anti-Islam ⁠— Northern Senators

Facebook WhatsApp Reddit Twitter Shares Northern senators on Wednesday kicked against a proposed law for women empowerment in Nigeria, saying its content contradicts Islam and northern cultural values. Senator Abiodun Olujimi of Ekiti has been pushing to get the bill through the parliament since 2016, but some senators have raised different concerns to get the bill shut down or at least returned to the initial stages. .u70befb0acd506fedbe07290e2c94e960 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, ...

Senator Omo-Agege: Nigeria needs prayers to overcome current challenges

The Deputy President of the Senate, Senator Ovie Omo-Agege, has called for fervent prayers for Nigeria to overcome her current challenges. Omo-Agege who made the call Sunday at the First Session of the Fifth Synod of the Diocese of Sapele (Anglican Communion), Okpe Archdeaconry, asked Nigerians not to despair over the challenges confronting the nation. Speaking on the theme, “The Lord is my Strength and Stronghold”, the Deputy Senate President urged the church to continue to pray for the country. According to him: “We need the intervention of the church, we need prayers for this country. We are nothing without God. No matter what we do, if we don’t have the blessings and anointing of God, it is to no avail. “I want to urge the church to continue to pray for Nigeria. There is a lot more tha...

Nigerian airlines list conditions for full refund to passengers after two-hour flight delay

Following the pronouncement of the Federal Government that airline operators must refund the full cost of travel tickets to passengers after a two-hour delay, commercial airlines have listed the conditions for such reimbursement. The airline operators made this known in separate interviews with newsmen. The Minister of Aviation, Hadi Sirika, had, on Thursday at the weekly State House briefing in Aso Villa, Abuja, read out some of the rights of air passengers as enshrined in Part 19 of the Consumer Protection Regulations of the Nigerian Civil Aviation Regulations (2015) and charged them to demand their rights whenever they were being trampled upon by airlines. “On domestic flights, for delay beyond one hour, carrier should provide refreshment, and one telephone call, or one SMS, or one e-ma...

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...

Haiti asks US, UN to send troops after president’s assassination

Haiti has asked Washington and the UN for troops to secure its ports, airport and other strategic sites after the assassination of President Jovenel Moise opened a power vacuum in the crisis-hit Caribbean nation, an official said Friday. The United States has already said it will send FBI and other agents to Port-au-Prince, two days after Moise was shot dead in his home. In the wake of the slaying “we thought that mercenaries could destroy some infrastructure to create chaos … During a conversation with the US secretary of state and the UN we made this request,” elections minister Mathias Pierre told AFP. The US State Department and Pentagon both confirmed receiving a request for “security and investigative assistance” and said officials remain in contact with Port-au-Prince, but did not s...

Senate screens Lauretta Onochie, others for INEC position

The Senate on Thursday started the screening of nominees for appointment as National Commissioners for the Independent National Electoral Commission. The nominees, including one of the aides of President Muhammadu Buhari, Lauretta Onochie, are already in the Senate for the exercise. Onochie arrived at the Senate wing of the National Assembly about 11 am; accompanied by the Special Adviser to the President on National Assembly Matters, Babajide Omoworare. She was immediately ushered into the office of the Chairman of the Senate Committee on INEC, Senator Kabri Gaya. Onochie is currently waiting for her turn to be screened by the Senate panel. The nomination of Onochie, who currently serves as Senior Special Assistant on New Media to President Buhari, has provoked serious public outcry with ...

Nigerian lawmakers approve $2.4 bn funds for security, coronavirus vaccines

Nigerian lawmakers on Wednesday approved some 982.7 billion naira ($2.4 billon) additional budget funds to help the government buy COVID-19 vaccines, and equipment for its security forces. Africa’s top oil producer, Nigeria is struggling with the economic impact of the pandemic and a slump in crude prices as well as surging violence from criminal gangs and its grinding jihadist insurgency. The approved amount is $216.8 million higher than President Muhammadu Buhari’s request made to the lawmakers in June and is expected to be sourced through international and local borrowing. Most of the funds – around 722 billion naira ($1.8 billion) would go towards the procurement of additional equipment for security forces, Senator Barau Jibrin, chair of the senate appropriation committee, said. Around...

Anambra election: Group hails APC panel for confirming Senator Andy Uba as party’s guber candidate

A group, under the umbrella of All Progressive Congress (APC), Concerned House of Assembly 2019 Candidates, has hailed Governor Inuwa Yahaya, of Gombe State, led Anambra APC Primary Election Committee, for confirming Senator Andy Uba, as the standard-bearer of the party, for the November 6th, 2021 Anambra governorship election. Tribune Online gathered that the National Working Committee (NWC) of the party, shortly after the June 26, 2021, APC Primary election, held across the 21 local governments of Anambra State, set up a reconciliatory committee, headed by Governor, Inuwa Yahaya, to address other 11 aspirants that called for the cancellation of the process, including the Minister for Labour and Productivity, Dr Chris Ngige. The group, in a statement, signed and made available to Newsmen ...

Senator Abiru flours PDP, Babatunde Gbadamosi at Supreme Court

The Supreme Court has dismissed the People’s Democratic Party, PDP’s appeal, seeking to disqualify Senator Adetokunbo Abiru of the All Progressives Congress (APC) from continuing to represent the Lagos East Senatorial District. It upheld the argument of Kemi Pinheiro, (SAN) for Abiru and Abiodun Owonikoko (SAN) for APC that the appeal lacked merit. The court also awarded a cost of N1 million against the appellants – PDP and its candidate, Babatunde Gbadamosi, in favour of each of the respondents, Abiru and the APC. Justice Adamu Jauro wrote the lead judgement. Abiru won the last December 5 senatorial bye-election, polling 89,204 votes against Gbadamosi’s 11,257 votes. Recommended Stories You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating sh...

PANDEF cautions Nigerian government over Nnamdi Kanu, Sunday Igboho, others

The Pan Niger Delta Forum (PANDEF) has cautioned the Federal Government over some of its recent actions, warning that the government should consider the consequences of treating with contempt, the 16-Point Agenda it presented to President Muhammadu Buhari in November 2016. The group also condemned the midnight raid on the house of Yoruba Nation agitator, Sunday Adeyemo, popularly called Sunday Igboho and cautioned the Government’s plan to identify the sponsors of the rearrested leader of the Independent People of Biafra (IPOB), Nnamdi Kanu. The socio-cultural organization said the action of the government has caused the Niger Delta youths to declare a vote of no-confidence on PANDEF because it was the leaders of the region that requested them to stay action when they took a decision to cri...