BLORD IS OUT FROM KUJE PRISON AFTER PERFECTING ALL HIS BAIL CONDITIONS.(PHOTO).

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 So Linus Williams (Blord) has been released from Kuje prison after fulfilling his bail conditions, finally, freedom after a few weeks in custody. However, here’s the current position of his case:  He is still expected to show up and stand his trial.  If he fails to appear in court even for one day, his bail can be revoked and a bench warrant may be issued against him, meaning a return to Kuje. If the prosecution cannot prove the charges against him, he will be discharged and acquitted. If the prosecution proves the charges, he may be sentenced and sent back to Kuje. I think he should seek a peaceful resolution to the case. Congrats to him on his freedom for now.

CBN BANS CRYTO-CURRENCIES IN NIGERIA.{PHOTO}.#PRESS RELEASE.

 

CENTRAL BANK OF NIGERIA
Barking Subpoena Department Centa use Strict PM 0107 Gan Ab
BSOD ORIGINLAB 14/001
February 5, 2021
LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS
The Central of Bank of Nigorta's (CBN) circular of January 12, 2017 ref FPRDIR/GENOIR 08/010 which cautioned Deposit Money Banks (DMBA). Non Bank Financial Institutions (NBFI. Other Financial Institutions (OFis) and members of the pubic on the risk associated with transactions in cryptocurrency refers.
Further to earlier regulatory directives on the subject the Bank hereby wishes to remind regulated Institutions that dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges in prohibited.
Accordingly, all DBMS. NBFCS and OFis ar directed to identity persons and/or entities transacting in or operating cryptocurrency changes within their systems and ensure that such accounts are closed immediately.
Plande note that breaches of this directive will attract severe regulatory sanctions.
This letter is with immediate effect.
Yours faithfully
BELLO HASSAN
DIRECTOR OF BANKING SUPERVISION
MUSALOH

DİRECTOR PAYMENTS SYSTEM MANAGEMENT DEPARTMENT.

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