The Securities and Exchange Commission (SEC) has cautioned the public against conducting business with Marino FX Ltd., saying the company is not registered or licensed to operate in Nigeria’s capital market. The commision gave the warning in a notice on Wednesday in Lagos. “We hereby notify the public that Marino FX Ltd., who has been parading itself as a SEC licensed cryptocurrency exchange is NOT registered or licensed by SEC to operate in any capacity in the Nigerian capital market, including cryptocurrency exchanges. “Any claim to the public by the company of its registration or license by SEC is false…
Author: Ayo Oye
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The Benue State House of Assembly, presided over by its Speaker, Hyacinth Dajoh, has summoned the Commissioner for Finance to appear before the lawmakers on Tuesday. The commissioner, who is to appear alongside the ministry’s permanent secretary, is to explain why the accounts of Ministries, Departments, and Agencies (MDAs) were still frozen. The lawmakers took the decision sequel to a motion of urgent public importance moved by the Deputy Minority Whip, Mr Blessed Onah (PDP/Oju State Constituency) during Wednesday plenary. Onah told his colleagues that on March 21, 2024, the House unanimously passed four resolutions calling on Gov. Hyacinth Alia…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has unveiled service charter to help track, monitor and hold the commission accountable. Dr Musa Aliyu, the Chairman of ICPC, who said this at the inauguration of the charter in Abuja on Tuesday, said that itwas in a bid to ensure excellent service delivery to the nation. Represented by the commission’s Secretary, Mr Clifford Oparaodu, Aliyu said that with the charter in place, the ICPC was being repositioned to serve the nation better. According to him, the charter will help the commission to monitor its performance rigorously, seek feedback from…
Gov. Ahmadu Fintiri of Adamawa on Wednesday inaugurated the remodeled Taraba State House of Assembly Complex in Jalingo.While inaugurating the complex, Fintiri eulogised Gov. Agbu Kefas of Taraba for making development of Taraba a culture.He said that the provision of a good working environment for the legislature was a step to the right direction.He thanked Kefas for bestowing on him the opportunity of inaugurating the remodeled edifice for the state legislature.Fintiri also recalled that Taraba and Adamawa had a common sociocultural bond that could only be differentiated by the political demarcation.Earlier, Mr Kizito Bonzena, Speaker of the Taraba State House…
Vice-President Kashim Shettima says Nigeria-China trade value has hit N7.38 trillion as at June. Shettima said this at the China-Africa Interbank Association Forum (CAIBA) 2024 in Abuja on Wednesday organised by First Bank Plc. The vice-president, represented by Dr Aliyu Modibbo, the Special Adviser to the President, General Duty, said that China remained the country’s number one trading partner. According to him, this underscores the importance of deepening our bilateral relationship with China, especially within the realm of financial and banking systems. ”Nigeria remains committed to its alliances with those who have our best interests at heart and are willing…
The Katsina State House of Assembly has approved the creation of eight new districts across Katsina and Daura Emirates of the state. The assembly approved the creation of the districts during its plenary on Wednesday presided by the Speaker, Alhaji Nasir Yahaya-Daura. The bill sent by Gov. Dikko Radda was approved after scaling both the second and third reading during the house plenary. According to Radda, the creation of the districts would enhance administration reach by bringing government closer to the people as well as empower traditional institutions to play a more significant role in local administration and cultural preservation.…
Yobe State Governor, Mai Mala Buni, has presented the sum of N2,936,000,000.00 to 25,500 flood victims and vulnerable persons in the state that might have suffered devastation of the national disasters. The Governor, who presented the cash to the beneficiaries at Government House Banquet Hall Damaturu, also supported 15,000 Small Business Owners and Starters with a cash support of N100,000.00 each to boost their income as part of his recovery and empowerment initiatives. “Today’s occasion marks the launch of two transformative initiatives: (1) Support for 25,500 Flood Victims and Vulnerable Groups with an investment of ₦1.43 billion. We are providing…
The police authorities have dismissed an inspector, Edith Uduma, for gross misconduct regarding the alleged rape of a 17-year-old female suspect by one Abraham Uzuobo. Uduma’s dismissal came after a viral video that she captured in October showing one Sergeant Abraham, another officer, in a compromising position with a 17-year-old girl at the police station in the South Ibie area of Edo State. In the video, the officer is seen hurriedly wearing his trousers and querying why Uduma was making a video recording. The girl is seen lying on a chair in the room during this. Force spokesman, Muyiwa Adejobi,…
Australian lawmakers moved closer to banning under 16s from social media platforms Wednesday, threatening companies that fail to comply with multimillion-dollar fines. The landmark legislation passed parliament’s lower chamber Wednesday and is now set to be debated by the Senate. The new rules would require Facebook, Instagram, TikTok, and Snapchat to take “reasonable steps” to prevent young teens from having accounts. Social media firms — who could face fines of up to Aus$50 million (US$32.5 million) for failing to impose the ban — have described the laws as “vague”, “problematic” and “rushed”. Centre-left Prime Minister Anthony Albanese, who is eyeing…
Kwara Government has discouraged the culture of branding materials donated to public school children with subtle or obvious political messages and indoctrination. The Commissioner for Education and Human Capital Development, Hajia Sa’adatu Moddibo-Kawu, said this in a statement on Wednesday in Ilorin. She says the practice, which includes emblazoning the picture of the donor on such books or school materials, should stop. “While every support for public school is welcome and appreciated, the government has a standing policy that such materials do not come with political branding of any kind. “It is on record that education materials that the state…