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The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.

Nigerian government partners Crown Flour Mills to boost wheat production

The Federal Government has expressed its readiness to partner with Crown Flour Mills to expand the capacity for wheat production in the country.
Cryptocurrency: “There is need for regulation and not prohibition of Cryptocurrency” - Vice President Yemi Osinbajo speaking at the CBN Bankers’ Forum today, 26th February 2021.

VP Osinbajo advocates regulation of cryptocurrency

The Vice President Yemi Osinbajo has said that the country needs to regulate cryptocurrency, instead of the prohibition put in place by the Central Bank of Nigeria (CBN).
The Chairman, Senate Committee on Niger Delta Affairs, Senator Peter Nwaoboshi, has assured the Niger Delta Development Commission, NDDC, of the support and collaboration of his committee in the task of developing the Niger Delta region.

Senate committee assures NDDC of support, collaboration

The Chairman, Senate Committee on Niger Delta Affairs, Senator Peter Nwaoboshi, has assured the Niger Delta Development Commission, NDDC, of the support and collaboration of his committee in the task of developing the Niger Delta region.
Stanbic IBTC

Stanbic IBTC offers low-interest agric loans

Stanbic IBTC Bank Plc has reaffirmed its commitment to the growth of Nigeria’s agriculture sector by supporting farmers and other players in the agricultural value chain.

ICPC boss says virtual assets, cryptocurrencies risky for Nigeria

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.

Crypto ban: CBN chief honours National Assembly invitation

Emefiele arrived at the National Assembly (NASS) on Tuesday to honour the request by the Senate Joint Committee on Banking Insurance and other financial institutions, (including ICT and cybercrime).
A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.

EFCC: How Lagos Scholarship Board boss diverted N127 million to personal use

A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to always consider its economic policy choices, before taking decision, in order to FastTrack economic growth, its recently launched 2021 Economic Outlook has said.

NESG urges Nigerian government to study, check excesses in crypto-currencies

The Nigeria Economic Summit Group (NESG) has called on the Federal Government to carry out comprehensive study on the workings of cryptocurrencies to check financial excesses.

SEC: Cryptocurrency market worth $2 trillion, it can’t be ignored

The Head of Department, Registration, Exchanges, Market Infrastructure and Innovation Department of SEC, Timi Agama, disclosed this during a virtual lecture organised by the Association of Capital Market Academics of Nigeria (ACMAN) in Abuja on Sunday.

HEDA sues accountant general over details of N173 billion MDAs budget

A Federal high Court in Abuja has been asked to compel the Accountant General of the Federation to release details of the N173 billion released to various Ministries, Departments and parastatals during COVID-19
Cross-border digital payments service, World Remit has described the move by the Central Bank of Nigeria, CBN, mandating commercial banks to open dollar accounts for customers who do not have as timely and apt.

World Remit aligns with CBN on new dollar account opening

Cross-border digital payments service, World Remit has described the move by the Central Bank of Nigeria, CBN, mandating commercial banks to open dollar accounts for customers who do not have as timely and apt.

IMF endorses CBN’s policy on cryptocurrency, seeks FX rates unification

The International Monetary Fund (IMF) has expressed its support for the recent directive of the Central Bank of Nigeria (CBN) to financial institutions to ban transactions with cryptocurrency.
There are about one billion mobile money accounts globally, according to latest report by cybersecurity giants, Kerspersky. These accounts, the report revealed, process more than $1.9 billion daily.

Africa leads global mobile money growth with 46 percent

There are about one billion mobile money accounts globally, according to latest report by cybersecurity giants, Kerspersky. These accounts, the report revealed, process more than $1.9 billion daily.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Operators identify factors discouraging foreign investors from stock market

Foreign investors’ low patronage of the Nigerian stock market has been attributed to scarcity of foreign exchange (FX) as well as concerns about the coronavirus pandemic.
Access Bank Plc has urged its customers and the general public to disregard social media report of its shutting 340 branches nationwide.

Access Bank gives incentives to customers

At the launch of the campaign, the Executive Director, Retail Banking, Access Bank Plc, Victor Etuokwu, said, the Valentine season gave the bank an opportunity to, as reported by Thisday, show love to its customers and reward their loyalty for banking with us.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.33% growth on Seplat, Lafarge Africa gains

Trading in the domestic equities market commenced the week on a positive note, growing by 0.33 per cent due to buying interests in Seplat, Lafarge Africa and Tier-1 banking stocks.

Fidelity Bank Plc issues largest ticket Tier II local bonds in Nigeria

Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031.
Professor Moji Adeyeye, NAFDAC boss

NAFDAC: Influx of psychotropic drugs fuelling terrorism, insecurity

The National Agency for Food and Drug Administration and Control (NAFDAC) has linked the current challenge of internal security within the country to uncontrolled influx and use of psychotropic medicines such as Tramadol and other chemicals.
The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism.

Cryptocurrency: How 270 addresses got $1.3 billion illicit payments

Amidst the furore generated by the Central Bank of Nigeria’s crackdown on the activities of cryptocurrency traders, research has revealed that criminals are using a small group of crypto brokers to launder hundreds of millions of dollars around the world.
Twitter CEO Jack Dorsey and musician Jay-Z have pledged 500 bitcoin (around $23.3 million) toward ₿trust, an endowment to fund bitcoin development, Dorsey announced on Twitter today.

Twitter chief partners with Jay-Z on $23 million bitcoin development fund

Twitter CEO Jack Dorsey and musician Jay-Z have pledged 500 bitcoin (around $23.3 million) toward ₿trust, an endowment to fund bitcoin development, Dorsey announced on Twitter today.

Jigawa governor: Hajj savings scheme will boost MSMEs, financial discipline

The newly introduced Hajj Savings Scheme by the National Hajj Commission of Nigeria (NAHCON) in collaboration with State Muslim Pilgrims Welfare Boards and Jaiz Bank Plc will boost access to finance Micro, Small and Medium Enterprises (MSMEs), the Jigawa State Governor, Muhammad Abubakar, has said.

SEC suspends approval of cryptocurrency-related products

The Securities and Exchange Commission says it has suspended the approval of cryptocurrency and related products after the Central Bank of Nigeria ordered banks to terminate accounts connected to digital currencies.

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Nine dead, 14 seriously injured as 3 vehicles clash in Kano

FRSC Sector Commander, Zubairu Mato, while confirming the accident in a statement issued on Sunday, said that 41 others were injured in the Sunday evening accident.
Preliminary data by Statistics Korea, on Monday, revealed that the portion of male births of the total newborns in South Korea declined to a record low in 2020.

South Korean births of male newborns decline in 2020 – data

Preliminary data by Statistics Korea, on Monday, revealed that the portion of male births of the total newborns in South Korea declined to a record low in 2020.
Hon Justice Monica Bolna’an Dongban-Mensem is currently the Presiding Justice of the Court of Appeal, Enugu Division, Nigeria and Life Member of Body of Benchers.

PCA: Appeal court justices appointment followed due process

The appointment of justices to the Court of Appeal followed due process, says President of the Court of Appeal, Monica Dongban-Mensem.

NBA sets up 20 committees on judiciary, human rights, anti-corruption, others

The Nigerian Bar Association (NBA) has set up standing committees on 20 thematic areas including the judiciary, human rights, anti-corruption, among others.
The Non-Interest Financial Institutions Association of Nigeria (NIFIAN), on Friday in Abuja elected the Managing Director of Jaiz Bank Plc, Hassan Usman, as its pioneer president.

NIFAN elects Jaiz Bank chief as pioneer president

The Non-Interest Financial Institutions Association of Nigeria (NIFIAN), on Friday in Abuja elected the Managing Director of Jaiz Bank Plc, Hassan Usman, as its pioneer president.

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Overview of the session of Human Rights Council during the speech of U.N. High Commissioner for Human Rights Michelle Bachelet at the United Nations in Geneva, Switzerland, February 27, 2020. Picture taken with a fisheye lens. REUTERS-Denis Balibouse

U.S. seeks to return to U.N. human rights body

The United States will seek election to the U.N. Human Rights Council later this year, U.S. Secretary of State Antony Blinken said on Wednesday, marking the Biden administration’s latest international re-engagement.

WHO pledges to support Kebbi toward elimination of cervical cancer

The World Health Organisation (WHO) is strengthening collaboration with the office of Kebbi State Governor’s wife to champion early cancer detection to eliminate the disease in the country.
Borno State Governor, Professor Babagana Umara Zulum, on Sunday, admitted that the dreaded Islamic sect, Boko Haram exists in many parts of the state and are threat to over six million people in the state.

Borno governor orders special medicals for nine wounded CJTFs

Borno State Governor, Professor Babagana Umara Zulum, spent Thursday in Dikwa, supervising distribution of social protect cash and food varieties to 34,000 vulnerable women and male households.
Abuja- Federal government has disclosed it plan to sell Geregu, Omotosho and Calabar power plants at N434 billion in 2021.

NDPHC to export 70MW of electricity to Togo

The management of the Niger Delta Power Holding Company, NDPHC, has disclosed that the company has entered a bilateral agreement with the Republic of Togo to supply the country with 70 Megawatt, MW, of electricity under the Power Purchase Agreement, PPA.
According to a statement signed by the commissioner of homeland affairs, Samuel Aruwan, the order comes into effect on April 9.

18 killed as dozens of bandits neutralised in Kaduna

Kaduna state government has said security agencies have reported a sequence of attacks by armed bandits on soft targets in Igabi and Chikun local government areas killing 18 residents.