News Flash

Jun
28
2024
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By Abia ThinkTank
Crypto Is Like Air, Nigerian Government Can’t Cage It – SEC

Crypto Is Like Air, Nigerian Government Can’t Cage It – SEC

Business, Economy, News Flash
Crypto Is Like Air, Nigerian Govt Can’t Cage It – SEC The Securities and Exchange Commission (SEC) says it controls and regulates cryptocurrencies and other digital assets but admits it is impossible to “cage” it, describing it as “air.” SEC director-general Emomotimi Agama said this at the first Annual Conference of the Association of Capital Market Academics of Nigeria (ACMAN) on Thursday in Abuja. Mr Agama described crypto assets as digital or virtual assets utilised by cryptography for security. He said over 15,000 cryptocurrencies were created, with Bitcoin being the most popular. The director-general said the regulatory landscape for cryptocurrency…
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Jun
28
2024
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By Abia ThinkTank
National Assembly Passes Bill To Extend 2023 Appropriation Act Supplementary Budget

National Assembly Passes Bill To Extend 2023 Appropriation Act Supplementary Budget

Economy, National Assembly, News Flash
National Assembly Passes Bill To Extend 2023 Appropriation Act, Supplementary Budget The National Assembly comprising the House of Representatives and the Senate has passed a Bill for an Act to Amend the Appropriation Act 2023, to further extend the implementation of the Capital aspect of the Appropriation Act, 2023 from 30 June 2024 to 31 December. It also passed a Bill for an Act to Amend the Supplementary Appropriation Act, 2023 to further extend its implementation from 30 June 2024 to 31 December 2024. The bill scaled the first reading on Thursday. The leader of the senate, Sen. Opeyemi Bamidele…
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Jun
28
2024
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By Abia ThinkTank
Governor Otti Assures The 300 Beneficiaries Of The State Sponsored Agricultural Training Programme At CSS Farms Nasarawa Of Government’s Support To Set Up Immediately

Governor Otti Assures The 300 Beneficiaries Of The State Sponsored Agricultural Training Programme At CSS Farms Nasarawa Of Government’s Support To Set Up Immediately

Abia State, Agriculture, Economy, Good Governance, News Flash
GOVERNOR OTTI ASSURES THE 300 BENEFICIARIES OF THE STATE-SPONSORED AGRICULTURAL TRAINING PROGRAMME AT CSS FARMS NASARAWA OF GOVERNMENT’S SUPPORT TO SET-UP IMMEDIATELY. The Executive Governor of Abia State Dr. Alex Otti, OFR, has assured the 300 beneficiaries of the State-sponsored Modern Agricultural Skills and Practices Training Programme at CSS Integrated Farms, Nasarawa State, of the State Government’s support to enable them hit the ground running immediately. Dr. Otti gave the assurance during the graduation and passing out ceremony of the Trainees which the Governor personally attended, underscoring the strategic importance of the Agric sector to his Administration. 'For us as…
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Jun
28
2024
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By Abia ThinkTank
‘Love Won’- Davido Writes As He Jets Out Of Nigeria With Chioma

‘Love Won’- Davido Writes As He Jets Out Of Nigeria With Chioma

Love & Life, Marriage And Love, News Flash
‘Love Won’ – Davido Writes As He Jets Out Of Nigeria With Chioma Ace singer, Adeleke David popularly Davido and his wife, Chioma has jet out of Nigeria. The celebrity couple whose wedding remains talk of the town left Nigeria in a private jet this morning. The development is coming nearly 48-hours after their superlative wedding in Lagos. In a post shared on his Instastories, Davido stated that ‘Love Won’ and thanked everyone for making their wedding a ‘magical one.’
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Jun
27
2024
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By Abia ThinkTank
Strike: Details Emerged As ASUU, FG End Closed-Door Meeting

Strike: Details Emerged As ASUU, FG End Closed-Door Meeting

Education, FGN, News Flash
Strike: Details Emerged As ASUU, FG End Closed-door Meeting The Federal Government and the Academic Staff Union of Universities on Wednesday ended their closed-door meeting with an agreement that all contentious issues will be amicably resolved to avert a strike. The parties also agreed to kick-start a communication process to avert the planned industrial actions by the union. The News Agency of Nigeria reports the parties had entered into a close-door meeting which began at about 4.30 pm. at the Ministry’ of Education’s headquarters in Abuja. The meeting which lasted for over two hours, had in attendance the two Ministers…
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Jun
27
2024
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By Abia ThinkTank
Popular Nigerian Senator Is Dead(Photo)

Popular Nigerian Senator Is Dead(Photo)

National Assembly, News Flash, Obituary
Popular Nigerian Senator Is Dead (Photo) A second Republic Senator, Otunba Kunle Oyero, has died at the age of 100. Oyero represented Ogun Central at the Senate in the second Republic. A colloquium themed “Legislation in Nigeria: Yesterday, Today and Tomorrow,” was organised by the Abeokuta Grammar School Old Boys’ Association (AGSOBA), in November, 2023, in honour of Oyero during his centenary birthday. The Senator representing Ogun Central Senatorial District, Senator Shuaib Afolabi Salisu, mourned the passing of Oyero, saying his death has diminished ranks of the elder statesmen in the country. In a statement from Head, SAS Media, Adetunji…
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Jun
27
2024
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By Abia ThinkTank
Exposed: Why Davido, Chioma Did Not Hold Wedding In South East

Exposed: Why Davido, Chioma Did Not Hold Wedding In South East

Gossips, Love & Life, Marriage And Love, News Flash, South East
‘Why Davido, Chioma Did Not Hold Wedding In Southeast’ A chieftain of the All Progressives Congress (APC), Joe Igbokwe has revealed that singer Davido could not hold his wedding in the Southeast as tradition demands for the fear of unknown gunmen. In a controversial Facebook post, Igbokwe linked the non-occurrence of Davido’s son’s traditional marriage in the Southeast (SE) to security challenges allegedly posed by groups such as IPOB, ESN, and what he termed “known Gun Men.” He wrote: “Anybody who has Igbo blood running in him or her knows that there are known Gun Men in the SE and…
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Jun
27
2024
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By Abia ThinkTank
Coup Attempt Rocks South American Country, Bolivia

Coup Attempt Rocks South American Country, Bolivia

Crime, Foreign Affairs, News Flash, Security
Coup Attempt Rocks South American Country, Bolivia Armoured vehicles rammed into the doors of Bolivia’s government palace today as a top official warned of a coup attempt, and President Luis Arce said “irregular” deployment of troops was taking place in the capital. Video on Bolivian television showed Arce confronting the general commander of the Army, Juan José Zúñiga, in the palace hallway. “I am your captain, and I order you to withdraw your soldiers, and I will not allow this insubordination,” Arce said. Before entering the government building, Zúñiga told journalists in the plaza: “Surely, soon there will be a…
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Jun
27
2024
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By Abia ThinkTank
CBN Stops FX Price Verification System Portal For Importets

CBN Stops FX Price Verification System Portal For Importets

CBN/Commercial Banking, Economy, News Flash
CBN Stops FX Price Verification System Portal For Importers The Central Bank of Nigeria (CBN) says the foreign exchange (FX) price verification system (PVS) portal used by importers has been discontinued. The CBN disclosed this in a statement on Thursday signed W. J. Kanya, its acting director of trade and exchange department. In August 2023, the CBN had said price verification from the portal was mandatory for all Form M requests. The Form M is a document used to declare the intention to import physical goods into Nigeria. According to the statement, importers would no longer need the portal to…
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Jun
27
2024
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By Abia ThinkTank
‘No Cause For Alarm’ – Dangote Refinery Reacts To Fire Outbreak

‘No Cause For Alarm’ – Dangote Refinery Reacts To Fire Outbreak

Business, Economy, Mishap, News Flash, Oil & Gas
‘No Cause For Alarm’ – Dangote Refinery Reacts To Fire Outbreak A “minor fire” incident was recorded at the effluent treatment plant of the Dangote Refinery in Lagos on Wednesday. The fire was immediately put out as fire fighters and first responders swiftly rose to the occasion. In a statement, a spokesman for the company, Anthony Chiejina, said operations at the refinery was not affected in anyway. “There is no cause for alarm as the refinery is operating and there is no recorded injury or body harm to all our staff on duty,” he said. The $20bn facility sited in…
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