The Securities and Exchange Commission (SEC) of Nigeria has declared the activities of Binance in Nigeria illegal. According to a statement published on its website, any Nigerian trading on Binance Nigeria Limited, a subsidiary of the well-known global cryptocurrency exchange Binance, is doing so at his or her own risk. SEC noted that the company’s activities are in violation of Nigerian law urging Nigerians to exercise caution when dealing with unregistered and unregulated platforms such as Binance Nigeria. The statement from SEC reads, “The attention of the Securities and Exchange Commission (the Commission) has been drawn to the website…
Author: Prince Ade ADe
The Zamfara State government has ordered a raid on the residence of the immediate-past governor of the State, Muhammad Bello Matawalle, and impounded some vehicles believed to belong to government. Some Sport Utility Vehicles (SUVs) were impounded on Friday during a raid of Matawalle’s residence in Gusau. Recall that, speaking on a local radio station, incumbent Governor Dauda Lawal had said, “Former Governor Bello Matawalle had gone away with 17 vehicles from his office and those in the deputy governor’s office claiming that the vehicles are his personal belongings. In fact, not even office equipment were spared.” According to a…
Mr. Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN). Who is Folashodun Adebisi Shonubi? Mr. Folashodun Adebisi was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. He further obtained a Master of Science in Mechanical Engineering in 1985 with bias in Production Engineering from the same University. From 1988-1989 he shifted grounds to Finance and obtained a Masters’ in Business Administration specializing in Finance. He began his working experience as a Consultant Engineer at Mek-ind Associates…
A popular Fresh FM presenter has decided to follow the path of his boss and chairman, Yinka Ayefele as he plans to flip career from broadcasting to the music industry. The Ace Broadcaster, Dr. Samuel Gbesabi, popularly know as ‘Ijo Olote’ on radio is set to Ignite the Music Scene with “Ogo mi Sorosoke” Album Release, Spectacular Live Concert. Ibadan, Nigeria – Get ready to groove to the sensational beats of Dr. Samuel Gbesabi, the renowned Fresh FM popular broadcaster and music maestro, as he gears up for the highly anticipated release of his groundbreaking album, “Ogo mi Sorosoke.” In…
A Nigeria socio-political group under the aegis of Nigerian Citizen Action Group (NCAG) has stated that the group chief executive officer (GCEO) of Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari should be relieved of his office. According to a statement signed on behalf of the group by Comrade Salahudeen A. Lukman, the NNPC’s immediate implementation of of newly reviewed pump price was a deliberate move to incite Nigerians against the new government. “This is nothing but a delibrate move to provoke, incite and destroy goodwill of president Bola Ahmed Tinubu among Nigeria Citizens, which must be rejected.…
The Department of State Services (DSS) has arrested Godwin Emefiele, the suspended governor of the Central Bank of Nigeria. Emefiele’s arrest is coming same day the President, Bola Ahmed Tinubu, suspended him from office with immediate effect. SaharaReporters had earlier reported that Emefiele was suspended “sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy” according to a release by Willie Bassey, the Director, Information, for the Secretary to the Government of the Federation, George Akume. “Mr Emefiele has been directed to immediately hand over the affairs of…
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms.
ur armed men have been paraded by the police in Ogun State over an alleged attempt to disrupt the second term inauguration ceremony of Governor Dapo Abiodun. Abiodun was on May 29 sworn in for his second term at the MKO Abiola Stadium, Kuto, Abeokuta. The Ogun State Commissioner of Police, Olanrewaju Oladimeji said the suspects planning to disrupt the ceremony identified themselves as Adedapo Taiwo, Arogundade Idowu, Noah Jogunomi and James Abiodun. The Police Commissioner disclosed that the four suspects were arrested at Kobape area of Abeokuta “for planning to disrupt the inauguration ceremony of…
Prof. Adegboyega Fawole of the Department of Obstetrics and Gynecology, University of Ilorin, has said that the belief that Female Genital Mutilation (FGM) will reduce sexual libido in women is erroneous. Fawole stated this on Friday in Ilorin during the 231st Inaugural Lecture of the university entitled: “Reversing Nigerian Women’s Poor Health indices: Challenges and Prospects”. The don, who teaches in the Faculty of Clinical Sciences, College of Health Sciences, submitted that there was no scientific claim to the belief. According to him, a lot of education and counselling has gone into this, aimed to reverse the…
A chef identified as Damilola Adeparusi has begun a 120-hour cooking marathon in Oye Local Government Area in Ekiti State. This is coming barely after chef Hilda Baci broke the Guinness World Record for the longest cooking marathon by an individual with a 100-hour record time Adeparusi has hit 15 hours of the 120 hours earmarked for cooking.