The Securities and Exchange Commission (SEC) says it is working with the Central Bank of Nigeria (CBN) for better understanding and regulation of cryptocurencies in the country. The Director-General, SEC, Lamido Yuguda, said this at the 2021 first post-Capital Market Committee (CMC) virtual news conference. Yuguda said that the commission was in discussion with the CBN for better understanding and regulation of the crytoassets market. He said that the commission had suspended the implementation of crytoassets guidelines due to lack of access to Nigerian bank accounts. “We are in discussion with CBN for both understanding and better regulating of this…
Author: Abdallah el-Kurebe
A coalition of Civil Society Organisations has threatened to occupy the National Assembly after Ramadan fasting, if the lawmakers fail to pass the Bill for an amendment of the Electoral Act. The CSOs which include Center For Liberty, Concerned Nigeria, The Electoral Hub, and Raising New Voices Initiative, issued the threat at a joint news conference on Thursday in Abuja. The Co-convener, Centre for Liberty, Mr Dare Ariyo-Atoye, who read the joint speech of the CSOs, said they were worried that the 9th National Assembly was yet to pass the bill. According to him the passage of the bill could…
President Muhammadu Buhari has returned to Abuja after successful medical check-up in the United Kingdom. The presidential aircraft conveying the president and some presidential aides landed at the Presidential Wing of the Nnamdi Azikiwe International Airport Abuja at about 4.45 p.m. Those at the airport to welcome the president included the Chief of Staff to the President, Prof. Ibrahim Gambari, the Minister of the Federal Capital Territory (FCT), Malam Muhammed Bello, and the National Security Adviser to the President, Babagana Monguno. Others were the service chiefs, acting Inspector General of Police, Usman Alkali, the Director-General, National Intelligence Agency (NIA), Ahmed…
Godwin Obaseki of Edo has insisted that while he is not ready to join issues with the federal government over his revelation that it printed N60 billion to ugument states allocation, he stands by his claim. The governor had claimed over the weekend, while speaking at the transition committee stakeholders engagement, the federal government printed additional money to bridge FAAC allocation gap. “When we got FAAC allocation for March, the federal government printed additional N50-N60 billion to top-up for us to share,” Obaseki had said. However, the minister of finance, budget and national planning, Zainab Ahmed on Wednesday, faulted Obaseki’s…
Olalekan Akinbo1*, Silas Obukosia2*, Jeremy Ouedraogo3, Woldeyesus Sinebo2, Moussa Savadogo1, Samuel Timpo3, Ruth Mbabazi4, Karim Maredia4, Diran Makinde5 and Aggrey Ambali5 1Centre of Excellence for Rural Resources and Food Systems, Diran Makinde Center, African Union Development Agency-NEPAD, Ouagadougou, Burkina Faso 2Centre of Excellence for Human Capital Institutions Development, African Union Development Agency-NEPAD, Nairobi, Kenya 3Centre of Excellence for Rural Resources and Food Systems, African Union Development Agency-NEPAD, Dakar, Senegal 4College of Agriculture & Natural Resources, Michigan State University, East Lansing, MI, United States 5African Union Development Agency-NEPAD, Midrand, South Africa African countries face key challenges in the deployment of GM crops due to incongruities in the processes for effective and…
The Coalition of Northern Groups, CNG has frowned at reports that the Department of State Security Services (DSS), has invited the national president of the Nigeria Youth Union (NYU), Chinonso Obasi, alongside other youth leaders, including the CNG in connection with a plan to disrupt official activities at Nnamdi Azikiwe International Airport, Abuja. Categorically repudiating that it has been part of any such plans, the CNG in a statement signed by its spokesperson Abdul-Azeez Suleiman also said none of its officials has been invited by the DSS as reported. A report by the Guardian newspaper on Tuesday said Youth groups,…
Niger has once again demarcated itself in the region by overseeing yet another peaceful and democratic transition of power. This transition, which was unanimously acclaimed globally and largely accepted by all political forces in the country, sets a strong foundation for the long-awaited inflow of investments into Niger’s promising energy sector and overall economic revival. Newly elected President, H. E Mohamed Bazoum who took office on 02 April, has wasted no time in naming a new cabinet which is already at work. The petroleum portfolio, which is expected to become the driving force for growth in the coming decades, has…
By Zainab Oyekan The Project Coordinator of Plateau Potato Value Chain Support Project, Mr Thomas Muopshin says the project has provided training and equipment to 220 farmers to boost potato farming in the state. He disclosed in an interview in Jos on Thursday, that farmers were also linked with financial institutions, to access funds through their cooperatives. Muopshin said that most of the farmers had gone through some training and had accessed financial intervention to aid their production. While disclosing that the farmers were specifically trained in marketing and processing, he added that wash pumps were also provided to help…
A pair of New York congressmen was among a group of Democrats who planned to introduce a bill that would add four seats to the Supreme Court. It was the opening salvo in what promises to be a brutal legislative fight with conservatives over the high bench’s political balance. Representative Jerry Nadler, who chairs the powerful House Judiciary Committee and Representative Mondaire Jones, would announce the bill at a press conference outside the Supreme Court on Thursday, according to their offices. Nadler and Jones will be joined by Georgia Representative Hank Jones, the chairman of the Judiciary Committee’s subpanel on…
The Commandant, Armed Forces Command and Staff Collage (AFCSC), AVM Ebenezer Alade, has disclosed that the college had initiated plans to begin a masters degree in security studies programme. Alade disclosed this when he paid a courtesy call on the Chief of Army Staff, Lt.-Gen. Ibrahim Attahiru, on Wednesday, in Abuja. He said that the college had continued to review its curriculum, which had broadened its scope to be able to award Masters degrees. According to him, the college had requested approval for the masters programme because what they do for the armed forces was sufficient to earn them Masters…