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.
Michael is a dynamic writer who is still exploring the nuances of life and being human. When I’m not writing, I’m out with friends or spending nice time alone watching movies or TV Shows.
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