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Today's Headlines: Police Must Be Professional Amid Kano Crises, CPIN Inducts IGP

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Police must be professional amid Kano, Rivers crises

Photo Credit: Punch Newspapers

On June 12, Nigeria celebrated the 25th anniversary of its democracy, marking a significant milestone for the world’s most populous black nation. This achievement underscores Nigeria’s consistent commitment to maintaining a democratic system of government over the past two and a half decades.

The robustness of any democracy is reflected in the stability and functionality of its three major branches of government: the executive, the judiciary, and the legislature. In Nigeria, the interplay between these branches of government has not metamorphosed into the expected maturity of a 25-year-old.

Unfortunately, the administration of President Bola Tinubu has faced numerous challenges, highlighting that Nigeria’s democracy still has considerable progress. The ongoing crises in Kano and Rivers states exemplify the difficulties along this path.

CPIN inducts IGP, Senator, 14 others as fellows

Photo Credit: The Nation Nigeria

The Chartered Pension Institute of Nigeria (CPIN) has inducted the Inspector-General of Police (IGP), Kayode Egbetokun; Chairman, Senate Committee on Establishment and Public Service Matters Senator Cyril Fasuyi and Chairman, House Committee on Pensions, Hussaini Jallo as Fellows at the institute’s investiture/Induction of new Fellows and Associates in Lagos.

Also inducted were Senator Solomon Adeola, Olaide Mohammed; Olufemi Ogunbanwo; Akeem Ige; Lukman Muraina; Babatunde Adefusi-Owate; Abdumalik Sarki; Kashim Fugu; Kucas Durojaite; ACP Adedeji Okemuyiwa; Salami Ozomata; Jimoh Korode and John Kalu.

Photo Credit: Google

President/Chairman of Council, CPIN, Umaru Kwairanga urged them to strive for professionalism, use their competence to help the country achieve her transformation and address the issues of pension problems.

'Binance violated SEC regulations in its operations in Nigeria'

Photo Credit: P.M. News

A prosecution witness Abdulkadir Abbas has told a Federal High Court sitting in Abuja that crypto currency exchange firm, Binance failed to comply with the Security and Exchange Commission, SEC’s extant law as stipulated in its operation in Nigeria.

The witness said activities of any virtual Assets provider or digital assets services not captured by the Security and Exchange Commission’s regulatory Act of 2007 and that any provider that didn’t pay any registration fee to the regulatory body before starting its operation in the country is not under the regulation of the SEC.

Abbas who is the First Prosecution Witness, PW1, told the court that SEC makes provisions for any company wanting to engage in digital assets services to register with the body before it can commence operation in the country.

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