SEC warns crypto investors against unapproved exchanges

The Securities and Exchange Commission has reiterated that only approved digital exchanges and platforms were legally authorised to carry out the business of crypto trading in any form in Nigeria. In a statement obtained from its website on Monday, the SEC warned the public against dealing with illegal operators who have not applied to and…

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70-year-old Adamawa woman freed after 10 years in detention

The Adamawa State Chief Judge, Justice Hasfat Abdulrahaman, has released a sexagenarian, Saraya Silma, who had spent 10 years awaiting trial at the Yolde-pate Correctional Centre in Yola, the state capital. Silma, who looked visibly weak, explained that she was accused of witchcraft, an allegation that was unfounded by the complainant. The Chief Judge, after…

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Plateau gov sacks 17 transition LG chairmen

Plateau State Governor, Barr. Caleb Manasseh Mutfwang, has announced the dissolution of the 17 Local Government Transition Implementation Committee Chairmen, effective 6th September 2024. The Governor disclosed this in a statement issued on Friday night. The committees were constituted on 9th June 2023 and were initially scheduled to last six months, but their tenures were…

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Flood hits Anambra market, destroys multimillion naira goods

It was all crying and wailing on Friday at the Afia Ekwe Building Materials Market, Ogidi/Ogbunike in Idemili North/Oyi Local Government Area of Anambra State, following the destruction of property worth billions of naira by flood. Our correspondent who visited the market gathered that the flood caused by persistent rainfall also submerged large sections of…

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SAN repays N2m 1970 student loan

The Nigerian Education Loan Fund on Friday said it received a N2 million refund from a Senior Advocate of Nigeria and former beneficiary of the defunct Federal Government Student Loan Scheme in the 1970s, Adegboyega Awomolo. According to a statement released by the Fund which was signed by its Directorate of Corporate Communications, Awomolo, who…

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Ede poly reduces 27 students’ expulsion to suspension

The Governing Council of the Federal Polytechnic, Ede, Osun State, has reversed its decision to expel 27 students who were penalised following violent protests on the campus. The council has instead reduced the punishment to a suspension for one academic session. The PUNCH previously reported that the polytechnic management had imposed various sanctions on students…

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DVC debunks allegation of religious intolerance in FUOYE

The Deputy Vice-Chancellor, Administration, Federal University, Oye Ekiti, Prof. Tajudeen Opoola, has said that the institution’s Vice- Chancellor, Prof. Abayomi Fasina, does not run an administration that muzzles the Muslim community on the campus. Opoola, a Muslim, spoke in a statement made available in Ado Ekiti on Friday in reaction to the allegations by the…

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