Featured post

Diphtheria Scare in Edo State: Calls for School Closure Amid Rising Cases

-
Image
  Edo State is currently battling a public health scare as diphtheria cases emerge, raising concern among residents, health professionals, and civil society. With six confirmed cases and three reported fatalities, the outbreak has prompted urgent calls for preventive measures to contain further spread. Diphtheria is a highly contagious bacterial infection affecting the nose and throat, often fatal if left untreated. The Edo State Ministry of Health has confirmed the detection of both diphtheria and dengue fever, adding complexity to the state’s health response. So far, over 15 suspected diphtheria cases have been identified, with health officials moving swiftly to activate surveillance teams and conduct community sensitization. In a proactive appeal, the Concerned Edo Citizens Forum submitted an open letter to Governor Godwin Obaseki, urging the temporary closure of schools to protect children, who are among the most vulnerable to the disease. The group also recommended limitin...
Post a Comment
-

Naira rescue: Nigeria govt detains Binance executives amid crackdown






Nigerian Government has supposedly kept two senior chiefs at Binance as the most crowded African nation supports clampdown on cryptographic money stages understanding Naira at the unfamiliar trade market.

It was assembled that the leaders of Binance traveled to Nigeria following the country's choice to limit a few digital money exchanging sites last week, yet they were confined by the workplace of the country's public safety consultant and their identifications seized, as per individuals acquainted with the matter.

A consultant to the workplace didn't promptly answer a solicitation for input. Binance declined to remark.

Nigerian specialists have zeroed in on digital money sites after a quick debasement of the Naira that aided drive expansion to a very nearly three-decade high of 29.9 percent.

The improvement comes seven days after Bayo Onanuga, the Unique Counsel on Data and Methodology to President Bola Tinubu, had charged the National Bank of Nigeria, CBN, and the Monetary and Monetary Wrongdoings Commission, EFCC, to clampdown on Binance and other digital currency stages subverting Naira at the unfamiliar trade market.

Subsequently, the Naira saw three days of appreciation until Tuesday, when it devalued against the US Dollar.

As per a sources Binance had eliminated Naira exchanges from its USDT exchanging because of the clampdown.

The improvement set off a mass auction of Binance as USD collided with N1,463.098 on Wednesday.

Also, FMDQ information showed that the Naira valued N1,609.51 per USD on Wednesday from 1,618.94 on Tuesday.

Review that on Tuesday, the legislative head of the National Bank of Nigeria, Olayemi Cardoso, while talking at the 293rd Financial Strategy Council meeting, said, "We are worried that specific practices go on that show unlawful streams going through some of these substances [crypto platforms] and dubious streams, best case scenario.

"On account of Binance… $26 billion has gone through Binance Nigeria from sources and clients who we can't sufficiently distinguish", he said.

As per Cardoso, Nigeria's enemy of defilement organization, police, and public safety guide were co-ordinating an examination concerning cryptographic money trades. The specialists were requesting a rundown of Binance's Nigerian clients since its commencement, an individual acquainted with the matter said.

Onanuga had affirmed that Binance was confined last week when the Nigerian telecom controller requested telecom organizations to obstruct access.

Review that in December last year, the National Bank of Nigeria lifted its prohibition on Cryptographic money.

Comments

Post a Comment

Popular posts from this blog

Anambra Boutique Owner Sues NAFDAC Over Claimed Theft of Merchandise During Onitsha Drug Market Operation

-
Image
  Sophia Eberechukwu Okoye, a young entrepreneur from Anambra State, who owns a boutique in Onitsha, has taken legal action against the National Agency for Food, Drug Administration and Control (NAFDAC). She claims that soldiers allegedly deployed by the agency looted her store during a raid at the Onitsha drug market, popularly known as Ogbo Ogwu. In a notice of legal action issued by her legal representative, Barrister Ifeanyi Ejiofor of I. C. Ejiofor & Co. law firm, Ms. Okoye is seeking N22 million in compensation, which she asserts is the verified value of the goods taken from her shop. Reports indicate that Ms. Okoye expressed her distress after losing goods valued at over N15 million due to the purported looting by the soldiers. Her boutique, which had opened just a few months prior, was one of many shops that were reportedly broken into and ransacked during the operation. Sources reveal that the thieves stole clothes, shoes, and other valuable items from the boutique, le...
Read more

"Kano girls, having been married off from an orphanage, face abandonment by their husbands and endure abuse, as they are now forced to seek assistance to survive."

-
Image
The Nassarawa orphanage home in Kano is a refuge for abandoned children, many of whom have been found on the streets, lost due to the tragic loss of their parents or left behind after accidents. For years, the Kano State Government has played a crucial role in supporting the orphanage by providing food, clothing, and education until these children reach adulthood. As they grow up, the boys often find work in government positions or venture into entrepreneurship, while the girls are generally married off to suitors interested in them. Since the orphanage’s inception, hundreds of girls have entered into marriage, but some women have shared their struggles with DAILY POST, expressing feelings of abandonment after their husbands divorced them. They often endure abuse and mistreatment, facing significant challenges in seeking help or reporting their situations. Hadiza Muhammad, 40, and Halima Muhammad, 45, are among those who have suffered through domestic abuse for over twenty years of mar...
Read more

Benin Republic, Niger enjoy smuggled fuel as Nigerians keep vigil at petrol stations

-
Image
While numerous Nigerians are keeping vigil at filling stations to fuel their vehicles, drivers in the adjoining nations of Benin Republic and Niger are getting a charge out of fuel snuck from Nigeria, a Saturday PUNCH examination has shown. Our journalists, who visited the two nations found that the snuck petroleum was being sold by dark advertisers, whose rates were less expensive than those working in filling stations. Discoveries show that drivers frequently belittle the dark advertisers on the grounds that their rates are less expensive than the people who purchase from the filling stations. Saturday PUNCH accumulated the higher worth of cefas (CFA) to naira made the Nigerian snuck fuel alluring to residents of the two nations. Nigeria is seeing the fifth significant fuel emergency since President Bola Tinubu accepted office on May 29, 2023, following his expulsion of the fuel appropriation. The evacuation prompted a sharp ascent in fuel costs, causing alarm purchasing, far and wid...
Read more