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By Tochukwu Onyiuke (SAN) and Oge Anene In recent years, cryptocurrency has transformed from a niche digital asset into a significant component of the global financial system. As its use expands, countries like Nigeria have recognized the need for clear regulations to manage risks, protect investors, and foster innovation. However, Nigeria’s journey towards establishing a robust regulatory framework for cryptocurrencies has been challenging. The current regulatory landscape remains fragmented, with overlapping roles between regulatory bodies creating confusion. This article provides an overview of Nigeria’s cryptocurrency regulatory framework, tracing its evolution, examining its strengths and weaknesses, comparing it with global practices,…
By Ekaete Bassey LAGOS, Nigeria (VOICE OF NAIJA) -In the last century, the way couples meet has undergone a dramatic transformation. Data from Statisense, covering 1930-2024, vividly illustrates shifting social norms, with one of the most striking changes being the decline of family involvement in romantic connections. Once pivotal in shaping relationships, family influence has now been relegated to the periphery, supplanted by friends, workplaces, social venues, and, more recently, online platforms. 1930s: The Era of Family and Community In 1930, family was the most common way couples met, accounting for 22.76 percent of romantic connections. This was a time…
6:00pm – Election Result from Wards 12, Oredo LGA APC – 30780APGA – 523LP – 5389PDP – 24938 Registered Voters: 356242Accredited Voters: 64802 Total Valid Votes: 62703Rejected Votes: 1339 Total Votes Cast: 64042 No Cancellation Of Results From Any Polling Unit 3:35pm – APC Leads PDP With 48000 Votes The candidate of the All Progressive Congress (APC), Monday Okpebholo, is leading Asue Ighodalo of the Peoples Democratic Party (PDP) with 48,000 votes from collation of 16 LGAs. The figure was announced during the collation results at the INEC headquarters in Edo State. The commission has taken a break following the…
By Olufemi Soneye (VOICE OF NAIJA)- In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), for everything. Last week, it was Prof. Pat Utomi who railed and fumed at the NNPC Ltd, calling it one of the most opaque and unreliable companies in the world. Before then, The Punch had published an editorial in which it described the NNPC Ltd as a danger to Nigeria. The latest of these vitriolic attacks is…
By Tochukwu Onyiuke (SAN) and Oge Anene (VOICE OF NAIJA)- Nigeria has witnessed explosive growth in cryptocurrency adoption in recent years, driven by factors such as economic instability and the desire for financial independence. Reports indicate that Nigeria’s crypto transaction volume reached a staggering $56.7 billion between July 2022 and June 2023, representing a nine per cent year-over-year growth. This surge has solidified Nigeria’s position as one of the largest cryptocurrency markets in Africa, with an estimated market value of over $400 million. However, this rapid growth has also underscored the need for a robust regulatory framework to protect investors…
By Robert Egbe (VOICE OF NAIJA)- On October 16, 2021, the Executive Board (EB) of the International Olympic Committee (IOC) endorsed the Olympism 365 strategy which aims to strengthen the role of sport as an enabler for the United Nations (UN) Sustainable Development Goals (SDGs). Through Olympism 365, the IOC, working with partners, uses sport to among others, help improve people’s physical and mental health and well-being. But just before the Paris 2024 Olympics kicked off in France, the IOC teamed up with Big Soda to do the reverse: promote products known to damage health and well-being. Big Soda is…
Oyetade Olasunkanmi LAGOS, Nigeria (VOICE OF NAIJA) – It’s no longer news that Nigerian youths have taken to the streets to voice their discontent and display their frustration with the current economic hardship they face daily. The widespread discontent led to the ongoing street protests. The demonstrations, which began on August 1, 2024, are a response to the country’s economic woes, which have hit the poor and middle class the hardest. As the protests entered their third day today, August 3, 2024, demonstrators in Port Harcourt took a bold step, blocking the convoy of Governor Fubara and calling on him to…
Oyetade Sunkanmi LAGOS, Nigeria (VOICE OF NAIJA) – Since President Tinubu took office on May 29, 2023, the country has witnessed a relentless surge in food prices, culminating in a declaration that has sparked widespread controversy and criticism: “subsidy is gone”. This statement has created a highly tense atmosphere, exacerbating the already unbearable hardship faced by Nigerians. According to the National Bureau of Statistics (NBS) report, Nigeria has experienced a staggering rise in inflation, soaring from 22.8% in June 2023 to a staggering 34.2% in June 2024. The devastating impact is evident: the average Nigerian can no longer afford three…
(VOICE OF NAIJA)- The Taiye Olayemi Network For Human Rights, Social Justice, Development and Empowerment (TONHR) has released a list of shortlisted candidates for the positions of Program Officer and Research Data Analyst. After a rigorous selection process, the following candidates have been selected for interviews: Shortlisted Applicant for Program Officer READ ALSO: Vacancy: Programme Officer Wanted At TONHR Oluwakeji OnabajoAlimi QuadriTemitope Ayodele Shortlisted Applicant for Research and Data Analyst Mariam Jaiyeola TONHR, congratulated the shortlisted candidates wishing them best of luck in the next stage of the selection process.
LAGOS, Nigeria (VOICE OF NAIJA) – Jude Bellingham produced a moment of genius to keep England in Euro 2024 as they survived another desperate display and a huge scare to beat Slovakia in dramatic fashion to reach the last eight. England were seconds away from an embarrassing exit in Gelsenkirchen as Slovakia defended a lead they had held since the 25th minute when Ivan Schranz raced into the box to poke a low finish past England keeper Jordan Pickford. It was then that Bellingham, who celebrated his 21st birthday on Saturday, demonstrated the brilliance that has made him England’s new…