Daily Archives: February 8, 2021

Cryptocurrencies have become well-suited for conducting many illegal activities – CBN

The Central Bank of Nigeria has explained why it banned cryptocurrency-related transactions in the country. The apex bank in a statement released on Sunday February 7, said cryptocurrencies have become well-suited for conducting many illegal activities including money laundering, terrorism financing, purchase of small arms and light weapons, and tax evasion. Daily Trust reported that…

Petrol price may hit N190

There are speculations of petrol price hitting N190 amid concerns over the non-implementation of the full deregulation of the downstream petroleum sector. Top officials of two major marketers’ associations who spoke to Punch, said the continued increase in oil prices had brought back petrol subsidy as the pump price of petrol should be between N185…

Trump banned from ever rejoining Screen Actors Guild

Former US President, Donald Trump has been banned from ever rejoining the Screen Actors Guild—American Federation of Television and Radio Artists. This came after SAG-AFTRA President Gabrielle Carteris and the national board approved a disciplinary hearing against Trump which was held on Saturday February 6. This resulted in Trump being barred from rejoining the union because of the way he…

506 new cases of Coronavirus recorded in Nigeria

506 new cases of Coronavirus were recorded in Nigeria on Sunday February 7, as announced by the Nigeria Centre for Disease Control. The health agency gave a breakdown of the new cases across states as follows; Ondo-90, Kwara-89, Rivers-53, Borno-45, Gombe-32, FCT-28, Imo-26, Ogun-25, Lagos-22, Kaduna-14, Kano-14, Edo-13, Osun-11, Cross River-10, Yobe-9, Ekiti-7, Kebbi-6, Nasarawa-6, Oyo-5,…

CLO Condemns AMCON’s Disobedience Of Court And Attempt To Sell Company’s Properties Despite Court’s Vacation Order

The Civil Liberties Organization has berated AMCON for failing to obey court orders on an ongoing case involving the agency and Peace Global Satellite Communications Limited. The Human Rights Organization made this disclosure in Lagos today during a press conference. The organization stated below its findings after a thorough investigation of the dispute…