Cryptocurrencies breed illegal activities – CBN | 5 Things That Should Matter Today

Cryptocurrency ban

Cryptocurrencies breed illegal activities – CBN

The Central Bank of Nigeria has said cryptocurrencies promote illegal activities and raise risks, among other reasons – The Punch reports

The apex bank made this known in a statement on Sunday, 7 February in response to various comments and reactions that trailed its recent ban on financial institutions from transacting with entities dealing in cryptocurrencies.

Alleged N7.1billion Fraud: Court suspends Orji Kalu’s re-trial

The Federal High Court, Abuja, has ordered the suspension of the re-trial of a former Abia governor, Orji Kalu, for N7.1bn fraud charges – Premium Times reports

Inyang Ekwo, The Judge who gave the order, ruled against granting permission to Kalu for a motion to challenge the re-trial.

Bandits attack community in Kaduna, kill 18

A group of suspected armed bandits have laid an attack on Birnin Gwari community of Kaduna killing eighteen people – Premium Times reports

According to the publication, the attack happened around 5:30 pm on Saturday, 6th February, when the bandits stormed the community killing some residents and robbing others.

AU will become stale if it’s not result-oriented – Buhari

President Muhammadu Buhari has warned that the African Union (AU) could become stale if it’s not result-oriented – Daily Trust reports

The president made this known during an intervention at the ongoing two-day 34th Virtual Summit of the organisation. He also called for a comprehensive reform of the structures and operations of the organisation to make it more functional in meeting its targets.

COVID-19 Updates

Leave a reply

Your email address will not be published.

cool good eh love2 cute confused notgood numb disgusting fail