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E-COMMERCE GURU RAKUTEN PLANS TO BUY LOCAL BTC EXCHANGE

Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange. The company said in an  announcement  that it has inked a share transfer agreement for 100 percent of an exchange called Everybody's Bitcoin on Friday. The acquisition appears to be costing the firm 265 million yen, or $2.4 million, when it goes through on Oct. 1. Explaining the move, Rakuten said it believes "the role of cryptocurrency-based payments in e-commerce, offline retail and in P2P payments will grow in the future," adding: "In order to provide cryptocurrency payment methods smoothly, we believe it is necessary for us to provide a cryptocurrency exchange function." Further, the firm indicated that the acquisition is in response to demands from a growing number of foreign exchange customers on its securities business arm, who have been calling for the offering of a cryptocurrency exchange service. Launched in Ma...

APC RELEASES THE AUTHENTIC TIME TABLE FOR ITS PRIMARIES NATIONWIDE

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NEWS UPDADE: APC Releases Timetable For Primaries. The  National Working Committee (NWC)  of the  All Progressive Congress, (APC)  have released the timetable for its primaries. The Spokesman of the party  Yekini Nabena  took to twitter to share the details. Sagemskyinfo recalls vividly that the National Executive Committee, NEC of the party had last week, concluded that it will adopt Direct Primaries to elect its candidates across board. Meanwhile the party said it has nipped in the bud, plans by some governors who wanted and plotted indirect primaries. See Timetable Below: View image on Twitter Yekini Nabena @ynabena 01:18 - 5 Sep 2018  ·  Abuja, Nigeria 15 15 people are talking about this Twitter Ads information and privacy

NEWS:

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DSS PLEADS WITH  THE MEDIA TO REPORT SECURITY MATTERS WITH CAUTION TO AVOID THWARTING NATIONAL PEACE The Department of State Services (DSS) has cautioned media practitioners in Nigeria over the reportage of National Security Issues. The call is coming on the heels of what the service described as speculative reporting in the media concerning the internal affairs of the DSS. A statement signed by Peter Afunanya of the Public Relations Department and made available to Sagemskyinfo reads: “The attention of the DSS has been drawn to several speculations making the rounds in the media on some internal affairs of the Service. These speculations, to say the least, are unhealthy for the Service and indeed, Nigeria.“ The DSS has undoubtedly remained a committed Service with focus on the stability and security of the nation.“ “Over the years, the Service has been known to be both a strategic stabilizer and a unifying factor in the Nigerian project. It therefore deserves and desir...

FG DEMANDS FRESH $2BN TAX FROM MTN

  FG demands fresh $2bn tax                    Arrears from MTN The Federal Government has ordered Africa’s leading mobile operator MTN to pay back taxes of $2 billion just days after the government ordered it to repatriate $8.13 billion, the company said on Tuesday. MTN gave a brief statement to the market in which it confirmed that Nigeria’s attorney general gave “notice of an intention to recover the $2 billion (1.73 billion euros) from MTN Nigeria”. “Based on the detailed review performed, MTN Nigeria believes it has fully settled all amounts owing under the taxes in question,” said the company. Nigeria’s central bank said on Wednesday that it had ordered South Africa-based MTN to refund $8.13 billion that it allegedly illegally repatriated and fined four banks involved in the transfer. News of the unexpected tax bill sent MTN shares tumbling by as much as 7.5 percent to ...

ISSUE OF THE MOMENT

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RESTRUCTURING PALAVA:VP OSIBANJO SPEAKS OUT ON FG POSITIONS AND WHY RESTRUCTURING IS NOT OUR MAIN PROBLEM : Yemi Osinbajo Explains What He Means By The Statement; Nigeria’s Problem Is Not Restructuring. Vice President,  Yemi Osinbajo  has taken pain to explain what he means by the statement that  Nigeria’s problem goes beyond restructuring”. The Vice president who spoke in the  United States , said   “The problem with our country is not a matter of restructuring and we must not allow ourselves to be drawn into the argument that our problems stem from some geographical restructuring. It is about managing resources properly and providing for the people properly, that is what it is all about. “It is about managing resources properly and providing for the people properly, that is what it is all about,”  the vice president said. This statement which was made has attracted criticisms from likes of  Alhaji Atiku Abubakar , the  Peoples Democratic Pa...

PROF. OSIBANJO VISITS SMALL TRADERS AT IWO

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THE GENTLEMAN:VICE-PRESIDENT VISITS SMALL -SCALE TRADERS AT IWO, OSUN STATE Yemi Osinbajo Visits Odo-Oro Market In Iwo Osun State. Vice president, Prof.  Yemi Osinbajo  yesterday, visited Odo-Ori market and Abattoir in Iwo town,  Osun State , to launch the programme where 30,000 petty traders in the state will benefit from the N10, 000  Tradermoni scheme. The scheme which is part of the National Social Investment Programme of the Federal Government is in collaboration with the Bank of Industry. He was accompanied by Osun state Governor  Rauf Aregbesola  and Dep. Governor Osun State, Mrs.  Titilayo Laoye-Tomori  flanked by Oluwo of Iwo, Oba ,  Oba Adewale Akanb i and other FG & State government officials. See Photos:   © SAGEM 2018

POLITICS: IBRAHIM SHEKARAU MOVES TO APC

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THE FORMER GOVERNOR OF KANO STATE  IBRAHIM SHEKARAU HAS DEFECTED TO APC A former Kano State Governor,  Malam Ibrahim Shekarau  has finally defected from the  People’s Democratic Party (PDP)  to  All Progressive Congress  (APC). ADEJUWON OSUNNUYI @MEGACROWN A former Kano State Governor, Malam Ibrahim Shekarau has finally defected from the People’s Democratic Party (PDP) to All Progressive Congress (APC). Shekarau’s media aide, Sule... https:// dailybellsngonline.wordpress.com/2018/09/04/bre aking-shekarau-dumps-pdp-returns-to-apc/  … 09:45 - 4 Sep 2018 BREAKING: Shekarau Dumps PDP, Returns to APC A former Kano State Governor, Malam Ibrahim Shekarau has finally defected from the People’s Democratic Party (PDP) to All Progressive Congress (APC). Shekarau’s media aide, Sule Ya’u Sule said the … dailybellsngonline.wordpress.com 1 See ADEJUWON OSUNNUYI's other Tweets ...