The federal government has said that due processes are being applied in all stages in the prosecution of Binance executives. TheHintsNews reports that the federal government is prosecuting Binance and one of its Chief Executives, who illegally trade in cryptocurrency in Nigeria. Checks revealed that Binance had a turnover in Nigeria of over US$20 billion in 2023 alone, far above the federal budget for health and education, fueling currency speculation and the cost-of-living crisis. Also, the crypto platform was not registered in Nigeria and neither has it ever paid any taxes within the Nigerian jurisdiction, while operating without oversight or…
Author: Hints News
Save the Children International (SCI) has called for sustained financial arrangements from federal and state governments to confront desertification and build resilience for drought. Its Country Director, Duncan Harvey in a statement issued Wednesday to commemorate 2024 World Environment said the world is at a crossroad, adding that climate change is aggravating the state of the environment in myriad ways and impacting negatively on human society, including children. He said according to the UN Convention to Combat Desertification, the number and duration of droughts has increased by 29 per cent since 2000 – without urgent action, droughts might affect over…
The Children’s Parliament has called for more concerted efforts to reduce deforestation, promote reforestation and afforestation, and implement sustainable agricultural practices to enhance carbon sequestration and improve soil health. It also called for he integration of climate change education into school curricula and community programs to raise awareness about sustainable practices and climate impacts. The Parliament made the call on Wednesday in Abuja at the Climate Action Grand Finale with National Child Parliament Mock Council organised by Save the Children’s Generation Hope Campaign in partnership with Abuja Environmental Protection Board (AEPB) to celebrate 2024 World Environment Day. It also called…
The National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Ganduje, has said that the process of digitalising the membership of the party has commenced. Ganduje disclosed this on Wednesday in Abuja at the opening ceremony of the e-membership registration train-the-trainer workshop . He said the e-membership registration the party was embarking on is to have a graphic idea of the total members of the party, their geographical spread and demographic divisions. Ganduje stated: “Therefore today, we are gathered here by the grace of God in fulfillment and accomplishment of our promise to start the process of digitalising the…
The Independent National Electoral Commission (INEC) has extended Continuous Voter Registration (CVR) in Edo and Ondo States ahead of the governorship elections in both states. INEC National Commissioner and Chairman, Information and Voter Education Committee, Sam Olumekun in a statement issued Tuesday following a review of the exercise at a meeting held on Tuesday in Abuja. He said: “The Commission met today Tuesday 4th June 2024. Among other matters, the meeting reviewed the ongoing Continuous Voter Registration (CVR) in Edo and Ondo States scheduled to end tomorrow Wednesday 5th June 2024. “However, following appeals by stakeholders, the Commission has approved the…
The House of Representatives has called for the prosecution of labour leaders responsible for shutting down critical infrastructure during the industrial action. The labour leaders had embarked on a nationwide strike on Monday to press home its demand for new minimum wage. To achieve its aim however, the leadership of organised labour shut down the country’s national grid and all the nation’s airports, before it subsequently suspended the strike on Tuesday. However, the Spokesman of the House, Akin Rotimi, in a statement issued Tuesday expressed concern about the direction of the strike action before its suspension, and what it portends…
The organised labour has suspended its nationwide strike for one week while negotiations continue with the federal government for new minimum wage. The organised labour had embarked on the industrial action on Monday grounding economic activities in the country. Against this background, the federal government summoned the labour leaders to an emergency meeting Monday evening where it was agreed that the minimum wage will be more than N60, 000.
The Economic and Financial Crimes Commission (EFCC) has arrested 35 suspects for alleged cybercrimes in Plateau State. The suspects comprise 32 males and three females were arrested by the Kaduna Zonal Command of the agency. A statement issued Monday by the agency revealed that the suspects were rounded up along Bauchi road bye pass in Jos, Plateau State capital. It said: “Their arrest followed actionable intelligence on their fraudulent activities.” The agency added that items found in their possession upon arrest included; 47 phones, five laptops, two Macbooks, one black 406 Peugeot saloon car with registration number JJN 140 BX, one black Mercedes Benz car with registration number BSA 331 AG and one blue 2007 Model Toyota Camry without number plate. It…
Former Presidential aide, Reno Omokri has alleged that the President of Nigeria Labour Congress (NLC), Joe Ajaero was frustrating negotiations for new minimum wage to please the presidential candidate of Labour Party in the 2023 elections, Peter Obi. In a post on his verified X account on Monday, Omokri said Ajaero’s national strike would only cause national strife. He explained that this was the eighth time Ajaero is calling this year. Omokri added: “He has called more strikes than the last three NLC Presidents combined! If he wants to be a striker, let him go and become a footballer. He…
The federal government has called on the organised labour to consider the reality in negotiating new minimum wage. The Minister of Information, Mohammed Idris in a statement issued Monday appealed to the Labour Unions to continue along the path of negotiations with the Federal and State Governments, under the auspices of the Tripartite Committee. He noted that government was desirous of a peaceful outcome, and assured that they would do everything to make this happen. Idris added: “Yesterday (Sunday), the leadership of the National Assembly met with the Unions. Today, we have offered another invitation to the Unions, to meet…