CBEX Not A Registered Organisation – SEC

The Securities and Exchange Commission has declared that Crypto Bridge Exchange, also known as CBEX, is not registered to operate as a digital assets exchange in Nigeria, warning the investing public against transacting with the platform. In a circular released by the commission on Thursday, it stated that CBEX, operating under various aliases such as…

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Lawmaker Asks NBA To Return Rivers’ N300m

A member of the House of Representatives, Solomon Bob, has criticised the Nigerian Bar Association over its claim that the N300m reportedly paid to it by the Rivers State Government was a “gift.” Bob, who represents Akuku-Toru/Asari-Toru Federal Constituency, described the NBA’s position as “unreasonable and unbecoming” of a self-styled ombudsman, accusing the association of…

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Governor Otti Unveils 10MW Power Project For ABSU

Abia State Governor Dr. Alex Otti has approved the establishment of a 10-megawatt Independent Power Plant at Abia State University, Uturu (ABSU), to solve electricity challenges in the university and the surrounding Uturu community. The governor made the announcement during a civic reception in his honour at Isuikwuato High School, Otankpa, hosted by the people…

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Falana Calls for Removal of Rivers Sole Administrator for Disregarding Presidential Order

Prominent human rights lawyer, Femi Falana SAN, has asserted that the Sole Administrator of Rivers State, Ibok-Ete Ibas, has violated constitutional procedures and disregarded directives issued by President Bola Tinubu, warranting his removal. Falana made these remarks in a statement issued on Thursday. Ibas, a former Chief of Naval Staff, was appointed by the President…

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