General

Lagos State Government Releases Full Report of the Judicial Panel that Investigated the Shooting of ENDSARS Protesters At Lekki Toll Gate

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Lagos State Ministry of Justice logo

The Lagos State Government has released the full report of the  Judicial panel that probed the shooting of ENDSARS protesters at the Lekki Tollgate on 20th October, 2021.

Two reports were released; The first one is titled;

Report of Judicial Panel of Inquiry on Lekki incident investigation of 20th October, 2020.

and the second one;

Consolidated Report of the Judicial Panel of Inquiry on general Police brutality cases.

Members of the public can view and download the Certified True Copy (CTC) of the documents on the website of the Lagos State Ministry of Justice at

https://lagosstatemoj.org/official-documents/,%E2%80%9D

Attorney General Moyosore Onigbanjo,the state commissioner  of Justice who gave the news also said that further inquiries should be directed to the Office of the Hon. Attorney-General and Commissioner for Justice through info@lagosstatemoj.org,

List of 36 States in Nigeria

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The 36 states in Nigeria

The 36 States in Nigeria

  1. Abia. Area: 6320 km²
  2. Adamawa. Area: 36917 km²
  3. Akwa Ibom. Area: 7081 km²
  4. Anambra. Area: 4844 km²
  5. Bauchi. Area: 49119 km²
  6. Bayelsa. Area: 10773 km²
  7. Benue. Area: 34059 km²
  8. Borno. Area: 70898 km²
  9. Cross River. Area: 20156 km²
  10. Delta. Area: 17698 km²
  11. Ebonyi. Area: 5533 km²
  12. Edo. Area: 17802 km²
  13. Ekiti. Area: 6353 km²
  14. Enugu: Area: 7161km²
  15. Gombe. Area: 18768 km²
  16. Imo. Area: 5530 km²
  17. Jigawa. Area: 23154 km²
  18. Kaduna: Area: 46053km²
  19. Kano: Area: 23131 km²
  20. Katsina. Area: 24192 km²
  21. Kebbi. Area: 36800 km²
  22. Kogi. Area: 29833 km²
  23. Kwara. Area: 36825 km²
  24. Lagos. Area: 3577 km²
  25. Nasarawa. Area: 27117 km²
  26. Niger. Area: 76363 km²
  27. Ogun. Area: 16980 km²
  28. Ondo. Area: 15500 km²
  29. Osun. Area: 9251 km²
  30. Oyo. Area: 28454 km²
  31. Plateau. Area: 30913 km²
  32. Rivers. Area: 11077 km²
  33. Sokoto. Area: 25972 km²
  34. Taraba. Area: 54473 km²
  35. Yobe. Area: 45502 km²
  36. Zamfara. Area: 39762 km²

10 Fundamental Rights of Crypto Users

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As the clamor for the regulation of Cryptocurrency gets louder, cryptocurrency giant, Binance, has listed 10 fundamental rights of a cryptocurrency trader. The CEO of Binance stated that these rights  will help create a fair regulation of cryptocurrency. 

The 10 fundamental rights of Cryptocurrency users by Changpeng Zhao, CEO of Binance .

  • Every human being should have access to financial tools, like crypto, that allow for greater economic independence.
  • Industry participants have a responsibility to work with regulators and policymakers to shape new standards for crypto assets. Smart regulation encourages innovation and helps keep users safe.
  • Responsible crypto platforms have an obligation to protect users from bad actors and implement Know Your Customer (KYC) processes to prevent financial crimes.
  • Privacy is a human right, and personally identifiable information (PII) data should be subject to strict levels of protection.
  • Crypto users have the right to access exchanges that keep their funds secure, in safe custody with comprehensive deposit insurance.
  • Healthy markets should maintain a robust level of liquidity to ensure a stable and frictionless trading environment.
  • Regulation and innovation are not mutually exclusive. Crypto users deserve safe access to emerging technologies and practices, including NFTs, stablecoins, staking, yield-farming, and more.
  • Closing the knowledge gap is essential when it comes to crypto. Users have the right to accurate information on crypto assets, without fear of falling victim to unfair or deceptive advertising
  • Marketplaces that offer derivative instruments should be subject to the appropriate regulations. This ensures all users meet eligibility requirements and that their transactions are fairly settled.
  • Crypto regulation is inevitable. Users have the right to share their voice on how the industry should evolve with their blockchain platform of choice.

Naira appreciates to around 540 naira to a dollar in the parallel market

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Reports reaching us indicate that the Naira has appreciated in the parallel market. As of today 11th November, 2021. The Naira is exchanging for around 540 to the Dollar or less. Before now the Naira has been exchanging for around 570 to the dollar.

The gain of the Naira has been  attributed  to the efforts of the Central Bank of Nigeria ( CBN). The CBN has injected dollars into the economy, dealt with illegal forex speculators, and introduced eNaira which makes it easier to buy dollars at a cheaper rate anywhere you are in the world. 

Analysts says the intervention by the CBN is short term. The overall value of the Nigerian export must increase for Naira gain to appreciate and stabilize