Shasha Crisis Update: Akeredolu Warns Against Lawlessness

Local GovernmentNewsNigeriaShasha Crisis Update: Akeredolu Warns Against Lawlessness

Beloved John (Staff Writer)February 16, 2021

The governor of Ondo State, Rotimi Akeredolu has called on citizens residing in Shasha vicinity of Ibadan to maintain peace and remain law abiding in the face of the crisis that recently plunged the area. The governor, while speaking on Channels Television’s Politics Today on Monday evening, said that he is vehemently opposed to citizens taking of laws into one’s hand. Shasha, a town located in Akinyele local government area had been engulfed in a...

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#DefendLagos Group Suspends Counter Protest

Law & JusticeNewsNigeria#DefendLagos Group Suspends Counter Protest

Beloved John (Staff Writer)February 14, 2021

Supporters of the #DefendLagos demonstration have withdrawn from the protest at Lekki tollgate. The group which was formed as a counter against the #OccupyLekkiTollGate rally scheduled for Saturday indicated that its decision to withdraw during a virtual press conference. Alabi Oladimeji, the convener of #DefendLagos said that the government has assured that no protest will be allowed to hold at the toll gate. “No protest from #DefendLagos on Saturday. We are simultaneously respecting the state...

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SEC Suspends Approval of Cryptocurrency-Related Products

BusinessMoneyNewsNigeriaSEC Suspends Approval of Cryptocurrency-Related Products

Beloved John (Staff Writer)February 14, 2021

The Securities and Exchange Commission has suspended the approval of cryptocurrency and related products following the directive of the Central Bank of Nigeria which demanded that banks terminate accounts connected to digital currencies. In a statement released on Friday, SEC, which had earlier disclosed its readiness to accept Bitcoin and other cryptocurrencies as securities, said it would no longer do so until such products are able to operate bank accounts within the Nigerian banking system....

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Mr Macaroni, Others Arrested Over #OccupyLekkiTollGate Protest

Law & JusticeNewsNigeriaMr Macaroni, Others Arrested Over #OccupyLekkiTollGate Protest

Beloved John (Staff Writer)February 13, 2021

Debo Adebayo, Nigerian comedian better known as Mr. Macaroni along with other youths have been arrested by operatives of the Lagos state police command over the ongoing #OccupyLekkiTollGate protest. On Saturday morning, the comedian took to his Instagram page to stream a live video of his arrest at the Lekki tollgate axis alongside other protesters. “I’m being arrested. I’m being arrested ooo Nigerians you can see,” he said in a video clip. In another clip,...

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No Protest Will Be Allowed in Lagos — Police

Law & JusticeNewsNigeriaNo Protest Will Be Allowed in Lagos — Police

Beloved John (Staff Writer)February 11, 2021

The Lagos police command has vowed to avert the #OccupyLekkiTollGate demonstration scheduled for Saturday on the grounds that the force has gathered that some “hidden agents” are secretly planning to incite violence. On Monday, Nigerians on social media planned another protest to express their displeasure over the decision of the Lagos State Judicial Panel to allow Lekki Concession Company to reopen the Lekki tollgate. The tollgate has not been operational since October 20 when armed...

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Why CBN is yet to Unfreeze Accounts Linked to #EndSARS Protesters – Malami

Law & JusticeNewsWhy CBN is yet to Unfreeze Accounts Linked to #EndSARS Protesters – Malami

Beloved John (Staff Writer)February 11, 2021

The Attorney General of the federation, Abubakar Malami, SAN, has divulged the reasons behind FG’s refusal to unfreeze the bank accounts linked to 20 #EndSARS demonstrator as against court order. On Wednesday, the federal high court in Abuja had ordered the CBN to unfreeze the account of the protesters targeted by the apex bank following the anti-police brutality demonstration. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has in October 2020 directed banks...

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Nigeria Records 28,876 Deaths Related To Tobacco Smoking – Study

HealthLifestyleNewsNigeriaNigeria Records 28,876 Deaths Related To Tobacco Smoking – Study

Beloved John (Staff Writer)February 9, 2021

A research study has revealed that Nigeria records 28,876 tobacco-related death cases yearly. The research which was conducted by the Centre for the Study of Economies of Africa (CSEA) estimated the deaths represent about 16 percent of deaths from smoking-related diseases and above 5 percent of all death cases. According to a research associate with the CSEA, Marco Castradori, smoking generates a direct annual treatment cost of N526.45 billion, which, was equivalent to 0.36 percent...

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Why We Banned Cryptocurrencies – CBN

BusinessEconomyNewsWhy We Banned Cryptocurrencies – CBN

Beloved John (Staff Writer)February 8, 2021

The Central Bank of Nigeria named terrorism and money laundering as the rationale behind the ban of cryptocurrency-related transactions in Nigeria. In a statement released on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications said the use of cryptocurrencies in Nigeria is a direct contravention of existing law. The decision has sparked outrage from mostly young people in a country that is the world’s second-biggest user of virtual currencies like Bitcoins. “The use of cryptocurrencies in...

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Lagos Judicial Panel Consent to Reopening Lekki Tollgate

InfrastructureNewsLagos Judicial Panel Consent to Reopening Lekki Tollgate

Beloved John (Staff Writer)February 8, 2021

The judicial panel established by the Lagos state government to investigate the brutality and high-handedness of the disbanded special anti-robbery squad (SARS) has approved the reopening of the Lekki tollgate. Five of the nine-member panel voted to return the control of the tollgate to the Lekki Concession Company (LCC), the operators, on Saturday. Doris Okuwobi, a retired judge heading the panel, said insurers can commence assessment of the damage at the facility, renovate and resume...

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Senate Committee Rejects Voting Rights for Married Underage Girls

LifestyleNigeriaPoliticsSenate Committee Rejects Voting Rights for Married Underage Girls

Beloved John (Staff Writer)February 2, 2021

ABUJA —  Senator Kabiru Gaya, chairman of the Senate Committee on the Independent National Electoral Commission (INEC), has said the suggestion that married underage girls should have the right to vote has been rejected. The senator disclosed this while at the NAN Forum in Abuja on Tuesday. The matter had generated widespread criticism when it was brought up in the senate in December 2020. According to Gaya, a memorandum on the matter was “submitted by...

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