Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has criticized the apex bank’s reason for stopping cryptocurrency transactions in the country, IgbereTV reports. CBN had in a statement released on Sunday February 7, said it banned cryptocurrency transactions because they are largely speculative, anonymous, untraceable and...

Astrazeneca COVID-19 Vaccines For Nigeria - BUA, one of Africa’s largest conglomerates, has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through the AFREXIM Vaccine programme in partnership with CACOVID. These doses of the vaccine which should be delivered by next week, will be the first delivery...

The Lagos State Commissioner of Police, CP Hakeem Odumosu, has again renewed his vow to suppress any act of lawlessness and hooliganism across the length and breadth of Lagos State. The police boss made the assertion today, Monday 8th February, 2021, while addressing and deliberating on security issues with the...

Scarcity of the Premium Motor Spirit (PMS) popularly known as petrol is imminent as depot owners were said to have shut down operations on Monday. Depot owners were shutting down operations with the excuse that they have no products. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN) National...

Nollywood actress, Toyin Abraham has weighed in on rumours surrounding fellow actress, Destiny Etiko’s newly purchased Toyota Land Cruiser while using rapper, Ruggedman’s tweet as a case study. Recall Ruggedman had tweeted in reaction to Destiny Etiko’s new car, “My male actors in nollywood whats going on? Its just the...

The United States government led by Joe Biden and Kamala Harris has endorsed Ngozi Okonjo-Iweala, former minister of finance, for the office of the director-general of the World Trade Organisation (WTO). In a statement by the office of the US Trade Representative said the Biden-Harris admin is pleased to support...

Adamu Garba, a former presidential aspirant, has opined that investing in cows is better any form of cryptocurrency business. Garba was lending his voice to the latest instruction to Deposit Money Banks (DMBs), other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) against having any transactions in crypto or facilitating...

Former vice-president Atiku Abubakar has urged the Buhari administration not to shut down cryptocurrency business, as announced by the Central Bank of Nigeria on Friday. In a statement signed by him on Saturday, Atiku urged government to regulate the sector rather than embarking on an outright shutdown. “This is definitely...