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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...

Asiwaju Tinubu: How Lateef Jakande rejected calls to contest for president

National leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu, has recounted how late first civilian Governor of Lagos State, Lateef Jakande rejected calls to contest for the president in Nigeria. Tinubu revealed this on Friday during the eight-day Fidau prayer for Jakande in Ilupeju area of Lagos, Southwest Nigeria. He said Lagos State was luck to have a man like Jakande and that those in government had been extremely lucky to draw from his fountain of knowledge. ”To all of us in Lagos, we have been extremely lucky to have him, extremely lucky to draw from the fountain of his knowledge, Nigeria equally is lucky but when the crisis of military and many other arose, we met him, we said, we want Jakande but he said, he was no longer interested in becoming the president in the mi...

French village rejects Elon Musk’s space-age internet

To realise his dream of satellite-powered internet, tech billionaire, Elon Musk, needs to install antennas around the world. In northern France, a village hopes he’ll decide to keep those antennas far away. Saint-Senier-de-Beuvron, population 350, is none too thrilled to have been picked as a ground station for Musk’s Starlink project for broadband from space. “This project is totally new. We don’t have any idea of the impact of these signals,” said Noemie Brault, a 34-year-old deputy mayor of the village just 20 kilometres (12 miles) from the majestic Mont Saint-Michel abbey on the English Channel. “As a precaution, the municipal council said no,” she explained. Musk, founder of SpaceX and electric carmaker Tesla, plans to deploy thousands of satellites to provide fast internet for remote...

French village rejects Elon Musk’s space-age internet

To realise his dream of satellite-powered internet, tech billionaire, Elon Musk, needs to install antennas around the world. In northern France, a village hopes he’ll decide to keep those antennas far away. Saint-Senier-de-Beuvron, population 350, is none too thrilled to have been picked as a ground station for Musk’s Starlink project for broadband from space. “This project is totally new. We don’t have any idea of the impact of these signals,” said Noemie Brault, a 34-year-old deputy mayor of the village just 20 kilometres (12 miles) from the majestic Mont Saint-Michel abbey on the English Channel. “As a precaution, the municipal council said no,” she explained. Musk, founder of SpaceX and electric carmaker Tesla, plans to deploy thousands of satellites to provide fast internet for remote...

Cross River government demolishes over 200 illegal structures at Calabar market

The Cross River State Governnent on Sunday demolished over 200 illegal structures at the popular Ika Ika Oqua Market (Marian Market) along Marian road, Calabar Municipality Local Government Area of the state. Vanguard learned that most of the illegal structures owned by some traders not only obstruct vehicular movement but also constitutes huge nuisance because drainages have been blocked making the environment unhygienic. Speaking with newsmen on Sunday at the Ika Ika Oqua Market, the Commisioner for Environment, Hon Nfon Bassey, said the general clean up exercise was to make the market clean, hygienically excellent and safe as compared to markets of it’s kind. His words: “We are just doing a general clean up around the Ika Ika Oqua market. As you can see people have come to build shantie...

Fire guts goods worth over N35 million in Aba

A late evening fire outbreak on Thursday gutted a three-storey building at No 74 Jubille Road, Aba, Abia, destroying goods worth more than N35 million. The fire also gutted a makeshift warehouse at the back of the three-storey building with Motorcycle spare parts and also burnt the contents of rooms on three floors at the back of the main building. Newsmen visited the scene of the incident and reports that the three-storey building, other adjoining blocks with their wares were not spared by the inferno. Mr Donatus Ezenwaka, a victim and Motorcycle Spare Parts dealer at the building told newsmen on Friday that he was called back at about 11 pm to his shop by a neighbour because the building was on fire. “I came and it was as told me and there was a crowd around here. “They said the fire beg...

Lagos partners IITA to train 13,548 youths in agribusiness

Lagos State government says it is collaborating with the International Institute of Tropical Agriculture (IITA) and the Africa Projects Development Centre (APDC) to train 13,548 youths in the state in the various agricultural value chains in a five-stage model within the next five years. The State Commissioner for Agriculture, Ms. Abisola Olusanya, disclosed this recently at the opening of the Young Africa Works Agribusiness Internship Orientation Training held at the Lagos State Agricultural Development Authority, Oko-Oba, Agege. She noted that participants of the training programme would be trained to build skills and secure fulfilling work opportunities within the agriculture value chains. Olusanya noted that the Young Africa Works Project of the IITA was a strategic approach to agribus...

Saudi Arabia: Nigerian to evacuate 420 nationals

The Federal Government, has concluded plans to evacuate another set of 420 Nigerians from the Kingdom of Saudi Arabia. An official of the Crises Monitoring and Public Communications Division, Ministry of Foreign Affairs, disclosed the planned evacuation to newsmen in Abuja. The 420 Nigerians, the third batch to be returned to the country in a space of one week, are expected to arrive the Nnamdi Azikiwe International Airport, Abuja, at 10:30am today (Wednesday) from Jeddah, Saudi Arabia. Recall that 802 Nigerians were received between Wednesday and Friday last week from Saudi Arabia by the Federal Government. The deportees said to be illegal migrants, have been held in detention camps in Saudi Arabia while awaiting deportation to the country. “Kindly be informed that another batch of four h...

Bishop Kaigama: It’s time to give youths chance in governance

The Archbishop of the Catholic Archdiocese of Abuja, His Grace Ignatius Kaigama, has said time has come for youths to take active part in governance. Kaigama, who insisted that “it is the right time now to give our youths a chance to express their leadership skills”, tasked authorities to expand the political space to allow more youths involved in decision making. Kaigama particularly advised Nigerian youths to seize the opportunity to bring to an end, decades of recycling political leaders by taking up leadership positions in the country. Speaking Saturday, during the 9th convocation lecture of Veritas University, Abuja,where he is the Chancellor, Kaigama said:”Recent events in our country show that there is the urgent need to expand the political space and allow our youths to be more inv...

Nigerian government urged to lift restrictions on SIM card registration

A telecommunications expert in Owerri, the Imo capital, Mr Charles Okeke, has advised the Federal Government to remove the restrictions placed on SIM card registration. Okeke gave the advice at a news briefing in Owerri on Tuesday, while speaking on the effects of the federal government’s SIM Card-National Identification Number (NIN) linkage policy. He urged the government to embrace a more robust system that would encourage healthy partnership between the National Identity Management Commission (NIMC) and service providers to ensure a seamless linkage. He said that the partnership would fast-track the process and alleviate the “unnecessary hardship” faced by Nigerians due to tight deadlines for the exercise. He further said that large crowds of people struggling for attention at NIMC offi...

Senior Republican lawmaker says will vote to impeach Donald Trump

<img width="696" height="464" class="entry-thumb" src="https://www.today.ng/wp-content/uploads/2021/01/13125818-696×464.jpg" srcset="https://www.today.ng/wp-content/uploads/2021/01/13125818-696×464.jpg 696w, https://www.today.ng/wp-content/uploads/2021/01/13125818-300×200.jpg 300w, https://www.today.ng/wp-content/uploads/2021/01/13125818-630×420.jpg 630w, https://www.today.ng/wp-content/uploads/2021/01/13125818.jpg 699w" sizes="(max-width: 696px) 100vw, 696px" alt="(FILES) In this file photo taken on November 14, 2018 Wyoming US Representative Liz Cheney speaks following the House Republican leadership vote at the Longworth House Office Building on Capitol Hill in Washington, DC. – Senior Republican Con...

Coronavirus: Concern grows over potential superspreader event during US Capitol riot

Concerns are mounting about the health of lawmakers and other people in the Capitol last week, after the first member to test positive for the Coronavirus (COVID-19) since Wednesday’s chaos, said she believed she was exposed in a crowded hiding place with hundreds of other legislators. Rep. Bonnie Watson Coleman, D-N.J., tested positive on Monday while experiencing mild symptoms, and said in a statement that she believes she caught the virus from her fellow lawmakers while hunkering down as Capitol Police struggled for hours to contain a Trump-inspired mob attack on the Capitol. Lawmakers were trapped in a room near the Capitol with hundreds of others, in some cases for hours, where at least one person who later tested positive for the coronavirus was present. The Office of the Attending P...