Tag: Nigeria

Full List: US, UK, Canada, Other Countries Where Binance Have Been Banned, Restricted

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Full List: US, UK, Canada, Other Countries Where Binance Have Been Banned, Restricted Recently, some countries implemented measures to block and restrict access to the websites of prominent global cryptocurrency exchanges and virtual digital asset services providers like Binance, Kucoin, OKX, and others. Notably, major economies such as China, India, Turkey, and Nigeria have imposed restrictions on crypto trading. It is worth noting that the authorities have expressed concerns regarding the potential involvement of these exchanges in money laundering activities, aiding tax offenders, or facilitating crypto scams. Over the past…

The ten African nations with the smallest rates of unemployment in 2024

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The ten African nations with the smallest rates of unemployment in 2024 In Africa, unemployment is still a major issue. These are not abstract figures; these are actual individuals with actual problems in their lives. Ten of the African nations with the lowest unemployment rates are highlighted by Business Insider Africa. With a 0.49% unemployment rate, Niger tops the list. Statista is the source of the list. Business Insider Africa said in a previous piece that while African governments have launched some programs to address the problem, their influence has…

Address Insecurity To Increase Food, Oil Production In Nigeria – Peter Obi Tells Tinubu

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Address Insecurity To Increase Food, Oil Production In Nigeria – Peter Obi Tells Tinubu The 2023 presidential candidate of the Labour Party and former Governor of Anambra State, Peter Obi, has expressed the belief that resolving the security challenges in Nigeria will lead to a significant boost in food and oil production. Obi expressed this view in a recent statement posted on social media. In the X (Twitter) thread, Obi criticized the Monetary Policy Committee’s decision to raise the Monetary Policy Rate (MPR) to 22.5% and the Cash Reserve Ratio…

Vandals Destroy Abuja Transmission Line, Worsen Electricity Supply

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Vandals Destroy Abuja Transmission Line, Worsen Electricity Supply The electricity shortage in the Federal Capital Territory (FCT), has been exacerbated by the recent vandalism of Tower 70 along 330kV Gwagwalada -Katampe. It is worth noting that, Abuja, known as Nigeria’s city of power, has been experiencing frequent power outages due to insufficient supply to the Abuja Electricity Distribution Company (AEDC). The root cause of this issue has been attributed to the inadequate electricity generation by power generation companies, who claim that the heavy debts owed by distribution companies prevent them…

President Tinubu Departs Nigeria For Two Days Visit To Qatar

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President Tinubu Departs Nigeria For Two Days Visit To Qatar President Bola Ahmed Tinubu is scheduled to leave Nigeria today and embark on an official visit to the State of Qatar for a duration of two days. This was confirmed in a statement released on Wednesday by Ajuri Ngelale, the media aide to the President. The visit is a result of an invitation extended by the Emir of the State of Qatar, His Highness, Sheikh Tamim bin Hamad Al Thani. The primary objective of this visit is to enhance cooperation…

JUST IN: Philip Shaibu Storms PDP Secretariate To Demand Certificate Of Return

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JUST IN: Philip Shaibu Storms PDP Secretariate To Demand Certificate Of Return The Deputy Governor of Edo State, Philip Shaibu, made a ‘shocking’ appearance at the National Secretariat of the Peoples Democratic Party (PDP) on Wednesday, demanding the party leadership to issue him a certification of return. “Today is the day set aside for the collection of certificate of return for the winner of the primary. I understand someone came yesterday and was given, well, the court will decide,” Vanguard quoted Shaibu saying upon arrival at the party’s secretariat. Recall…

Tinubu Has Rights Under Law To Hire, Fire – Senators React To Removal Of FCCPC Boss

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Tinubu Has Rights Under Law To Hire, Fire – Senators React To Removal Of FCCPC Boss The Senate announced on Wednesday that President Bola Tinubu is within his rights under the Nigeria Labour Law to dismiss any Chief Executive Officer of government agencies, including Barr. Irukera of the Federal Competition and Consumer Protection Commission (FCCPC). This declaration was made following a motion put forward by Senator Michael Bamidele Opeyemi, highlighting violations of the FCCPC’s regulations. Senator Opeyemi, representing Ekiti Central Senatorial District and serving as the Leader of the 10th…

“I Would Have Done The Same’ – Peter Obi Hails Tinubu’s Use Of Oronsaye’s Report

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“I Would Have Done The Same’ – Peter Obi Hails tinubu’s Use Of Oronsaye’s Report The Labour Party’s presidential candidate for the 2023 elections, Peter Obi, has expressed his support for the implementation of the Steve Oronsaye Report if he were to become Nigeria’s president. Recall that President Bola Tinubu had ordered a full implementation of the Oronsanye-led committee’s report, consequently, announcing the merging, subsuming, scraping, and relocation of several agencies of government. ⁣ In response to inquiries about his stance on the report, Obi stated through his official X…

Honoring Bob Marley’s Legacy: ‘One Love’ opens globally on February 14

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Honoring Bob Marley’s Legacy: ‘One Love’ opens globally on February 14 The film guides audiences through the struggles and victories that molded Marley’s groundbreaking music and thought-provoking communication, which takes them on a soul-stirring journey. Few voices carry the pure essence of love, unity, and optimism like Bob Marley’s do in a world where life’s rhythm frequently feels discordant. With the release of “One Love,” audiences around the country may now completely lose themselves in the enthralling path of the reggae great. Under the direction of celebrated director Reinaldo Marcus…

CBN strengthens regulations for BDCs and other foreign exchange participants

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CBN strengthens regulations for BDCs and other foreign exchange participants The agreement forbade holding BDCs in numerous names as well as fraudulently collecting foreign exchange from sources that were either eligible or prohibited. Yemi Cardoso, the governor of the Central Bank of Nigeria, is working to resolve foreign exchange problems. A revised copy of the Regulatory and Supervisory Guidelines has been made available to all Bureau de Change (BDC) operators and other stakeholders in the finance industry by the Central Bank of Nigeria (CBN). A notice of intent dated Friday,…