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Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered N15 million cash, furniture and electronic appliances from the past and present lawmaker and executive members in Kwara Central senatorial district of the state in the last few months of its “Operation Track the Constituency Project”.
Speaking with journalists in Ilorin on Wednesday, the team leader ICPC Kwara Constituency and Executive Projects Tracking, Aminu Bala, said the phase two tracking exercise was an initiative of ICPC called “Constituency and Executive Tracking Exercise.”
Bala said that the commission had tracked 240 projects on the road, water and schools out of which about 59 contractors were asked to go back to sites to correct some abnormalities.
Cryptocurrency is not legitimate money, says Nigeria s central bank governor Nigeria’s central bank is doubling down on its anti-cryptocurrency stance. 6223 Total views News
Godwin Emefiele, governor of the Central Bank of Nigeria, has defended the apex bank’s decision to ban banks from servicing cryptocurrency exchanges in the country.
Appearing before a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, Emefiele remarked that the CBN ban was in the best interest of Nigerians.
According to a report by media outlet Punch, while addressing the Senate committee, Emefiele remarked:
“Cryptocurrency is not legitimate money. Cryptocurrency has no place in our monetary system at this time and cryptocurrency transactions should not be carried out through the Nigerian banking system.”
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has insisted the Bank’s decision to prohibit deposit money banks, non-banking institutions and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian. Emefiele made the assertion on Tuesday, while briefing a joint Senate Committee on Banking, […]
The Independent Corrupt Practices and Other Related Commission (ICPC) and Nigerian Financial Intelligence Unit (NFIU) have backed the decision of the Central Bank of Nigeria to ban cryptocurrency use in Nigeria. The chairman of ICPC, Bolaji Owasanoye, said the #EndSARS protest was largely financed by cryptocurrency, indicating that it could be used to fund insurgency. […]
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.