Cryptocurrency firm Bitcoin Suisse has withdrawn its application for a banking license, in part because it failed to meet the anti-money laundering requirements of the Swiss financial regulator. “The application process has shown the need for further reviews of the anti-money laundering framework and potential enhancements. Bitcoin Suisse has initiated the respective projects which, however, need more time than anticipated,” the company said in a statement on Wednesday. The Swiss Financial Market Supervisory Authority (FINMA) said there were “various” reasons for telling told Bitcoin Suisse that its license application is currently “ineligible for approval and that the prognosis is unfavourable.…
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Indications emerged on Sunday that the Peoples Democratic Party (PDP) will adopt the report of its committee set up to review why the party lost in the 2019 presidential election and recommend solutions on how the party would return to power in 2023. The 14-member committee, headed by Governor Bala Mohammed of Bauchi State, had recommended that the presidential ticket of the party be thrown open to all regions instead of resorting to a zoning arrangement, a position which has greatly angered Southern stakeholders in the party. But speaking in a chat with Daily Independent, a chieftain of the party who is a member of…
I wish to use this moment to update all citizens and residents in Anambra State with the recent happenings in the State and ongoing efforts by Government and security agencies to handle the situation. Within the past week or so, we have witnessed what obviously is a planned and targeted attack on Security personnel and facilities in the State by armed hoodlums. So far, Police Officers and Navy personnel on official duties at strategic checkpoints in various locations in the State were sporadically attacked, killed and their firearms taken away. Also, prison and police personnel conveying an inmate to court…
Ekiti State Governor, Dr Kayode Fayemi has confirmed arrest of suspected perpetrators of the violence that led to the death of two people in Omuo-Ekiti during Saturday’s Ekiti East Constituency 1 House of Assembly bye-election, with an assurance that they will be brought to book in accordance with the law of the State. The Governor disclosed this when he paid a condolence visit to the palace of Olomuo of Omuo Ekiti, Oba Noah Omonigbehin in Omuo- Ekiti on Sunday. He said the perpetrators would be taken to court on Monday and charged with murder. Dr Fayemi told the Monarch, the…
The Olubadan of Ibadanland, Oba Saliu Adetunji at the weekend, elevated a former Head of Service in Oyo State, Alhaja Kudirat Adeleke and wife of a former governor of the state, Alhaja Mutiat Ladoja. While Alhaja Adeleke was elevated to the position of Abese Iyalode of Ibadanland, wife of a former governor of the state, Alhaja Mutiat Ladoja was also promoted to Agbaakin Iyalode of Ibadanland. Other Chiefs promoted by Olubadan are: Chief Taye Soyege, as the Balogun Iyalode of Ibadanland; Chief Yewande Durosaro, as the Osi Iyalode of Ibadanland; Chief Onikepo Akande, as the Iyalaje Iyalode of Ibadanland; Chief…
Police authorities in Ekiti State on Sunday announced that they have arrested three hoodlums linked to the attack on voters in the Ekiti House of Assembly by-election on Saturday. The News Agency of Nigeria reports that violence erupted in Omuo Ekiti during the Ekiti East constituency 1 polls of Saturday leading to shootings in some polling units and the killing of three persons. The Commissioner of Police in Ekiti State, Babatunde Mobayo, gave an update on the crisis while addressing newsmen saying that the policewoman, who was among eight persons shot, had survived and responding to treatment. Mobayo, who spoke through the Command’s spokesman,…
Nine Nigerian Para-Athletes are in Tunis, Tunisia, to compete at the 2021 World Para Athletics Grand Prix series. The athletes’ participation was posted on the website of the ‘Making of Champions (MoC). The MoC said a 16-man contingent led by the President of Nigeria Para Athletics Federation, Amobi Chikwendu, has arrived in Tunisia for the competition, which holds between March 18 and March 20. MoC noted that following the postponement or cancellation of most international tournaments in 2020 due to the global pandemic, the World Para Athletics Grand Prix series returned in 2021, with six events scheduled to take place…
Senior Advocate of Nigeria, Olisa Agbakoba on Saturday said Nigeria should pay little attention to Dr. Ngozi Okonjo-Iweala’s “liberal and open borders”. While expressing admiration for the Director-General of the World Trade Organisation, Mr Agbakoba, a former President of the Nigeria Bar Association, said Nigeria must, instead, adopt a trade policy that protects its ailing economy. “My admiration for Dr Ngozi Okonjo Iweala is huge but to advice us to continue to be import dependent is not correct policy advise at this time,” Mr. Agbakoba said in a statement. “Nigeria has no current Trade policy and Dr Okonjo Iweala seems…
Senator Bala Ibn Na’Allah (APC, Kebbi South), the Chairman, Senate Committee on Air Force, is a lawyer and pilot. In this interview, Na’Allah laments the deteriorating banditry and mass kidnappings in Nigeria and the seeming inability of security forces to stem the tide. The Senate, particularly the leadership, which you are part of, is seen in many quarters, as a rubber stamp of the executive compared to the House of Reps or even the 8th National Assembly. The ex-service chiefs’ confirmation as ambassadors seems to confirm this position. Your assessment is wrong. I am not part of the leadership. I…
The news of the broad daylight attempt to cut short the life of the Governor of Benue State, Dr Samuel Ortom, is shocking and a rude awakening. The Nigeria Governors’ Forum (NGF) empathizes with the governor and the people of Benue State on this sad, cowardly, and wicked plan and vehemently condemns the act in its entirety. All hands must be on deck to uncover the identities of those involved in this heinous crime. The NGF wishes to state categorically that the attempt to make Benue State ungovernable is unacceptable and will fail woefully. Only recently the brother of one…
