The Central Bank of Nigeria (CBN) has reversed its earlier decision to ban banks and financial institutions from transacting in cryptocurrencies, acknowledging the global trend towards regulating digital assets. The bank issued a new circular on December 22, outlining the rules and requirements for firms dealing in crypto assets. The CBN imposed a ban on Read More…
Tag: Nigeria
Imperative of Loot Recovery
If there is no chicken for the celebration of Christmas this year, it won’t be because people have suddenly lost their appetite for chicken. It will be an indication of the state of the economy and the privation many Nigerians are going through. As you and I know, the fact that many people now trek Read More…
NDLEA seizes narcotics worth millions in multiple interdictions across Nigeria
In a series of successful operations, the National Drug Law Enforcement Agency (NDLEA) seized substantial quantities of illicit drugs across Nigeria, culminating in multiple arrests. The agency’s efforts led to the recovery of Tramadol and Rohypnol pills bound for South Africa at the Murtala Muhammed International Airport in Ikeja, leading to the apprehension of suspects Read More…
Kokori: An Examined Life
“The unexamined life is not worth living,” argued Socrates as he bravely faced trial for ungodliness and corrupting youth. He chose death rather than exile, opting to continue seeking the truth to his question in the afterlife rather than live a life without identifying the answer on earth. He believed that philosophy—the love of wisdom—was Read More…
Nigeria mulls power utility stake transfer to states amid chronic shortages
Nigeria’s government is exploring a strategic shift, considering relinquishing its 40% stake in 11 power distribution companies (DISCOs) to state governments in a bid to enhance oversight and combat the nation’s longstanding power deficits. Adebayo Adelabu, Nigeria’s Minister of Power, revealed plans to potentially exchange federal shares in the DISCOs for stakes in the Niger Read More…
Revitalising Nigeria through Reading Promotions
Let me begin by thanking Olatoun Gabi-Williams, initiator of the African Perspectives Series, Founder, Borders Literature for All Nations, UN SDG Book Club African Chapter Publicist and Management Committee Member, for availing us this much-needed platform that enables us to share details about the Network of Book Clubs and Reading Culture Promoters (NBRP) in Nigeria. This Read More…
Dry Season Must-Haves and Dos
The Harmattan season, which is unique to the Western part of Africa, just debuted a few days ago and there’s been lots of excitement in the air. This period is a personal favourite as I’m not so much of a fan of the rainy season. One of the things it reminds us of is our Read More…
Let’s forge patriotism in Nigeria
It’s quite easy to be misunderstood once any bloke talks about forging something in this country called Nigeria. There are so many accusations of forgeries all over the place that even arguing for the forging of national unity may be read as a pun. It’s my incumbent duty to play the patriot today, even if Read More…
Nigeria U17 female volleyball triumphs over Cameroon in African Nations clash
In Abuja on December 5, 2023, Nigeria’s under-17 female volleyball team secured a significant victory against Cameroon, triumphing 3-1 in the ongoing 2023 Girls’ U17 African Nations Volleyball tournament. The match, held at the Moshood Abiola Stadium’s Package B, marked a spirited comeback for the Nigerian girls after their initial loss to Egypt, showcasing a Read More…
Nigeria launches Long-Term Low Emission Development Strategy (LT-LEDS) at COP28
Nigeria reached a significant milestone in its sustainability drive, unveiling the Long-Term Low Emission Development Strategy (LT-LEDS) during the ongoing COP28 in Dubai. The event, held at the esteemed African Pavilion in the Blue Zone, witnessed dignitaries and global delegates marking this groundbreaking launch. Professor Chukwumerije Okereke, Director of the Centre for Climate Change and Read More…