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SEC sets deadline for crowdfunding platforms registration
File Photo The Securities and Exchange Commission has directed all existing investment crowdfunding portals/digital commodities investment platforms to note the requirements and eligibility criteria for raising funds through and/or operating a Crowdfunding Portal and comply with the registration requirements or cease operations by the 30th of June, 2021. This was contained in a notice released by the Commission on Wednesday. According to the SEC, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021, which was part of efforts by the Commission to ensure investor protection while encouraging innovation in the conduct of securities business. “In line with the transitional provisions of the Rules, all persons/entities operating an investment cr...
Max Allegri set to replace Andrea Pirlo as Juventus boss
Massimiliano Allegri is set to replace Andrea Pirlo as manager of Juventus, according to a report. An agreement has been reached for Allegri to return to Turin, with the 53-year-old having departed the club in 2019 to make way for Maurizio Sarri. Indeed, discussions between Juve chairman Andrea Agnelli and Allegri have reached a positive conclusion, with Pirlo set to leave his position as head coach following a disappointing 2020-21 campaign at the helm. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair ...
Zinedine Zidane leaves Real Madrid for second time in three years
Zinedine Zidane has left Real Madrid after the club failed to win a trophy in 2020/21. The Frenchman departed as Madrid boss back in 2018, only to return 10 months later. He led the club to the 2019/20 LaLiga title in his second spell but has decided to leave the club after they missed out on retaining the title on the final day of the season. Zidane won the Champions League in three consecutive seasons in his first spell but could only lead the club to the last 16 in 2020 and the semi-finals in 2021. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photo...
‘Patriots rule Hong Kong’ as sweeping pro-Beijing electoral rules passed
Hong Kong’s legislature approved the biggest overhaul of its political system in the quarter century since British rule on Thursday, in a decisive step to assert Beijing’s authority over the autonomous city. The changes will reduce the proportion of seats in the legislature that are filled by direct elections from half to less than a quarter. A new body will be empowered to vet candidates and bar those deemed insufficiently patriotic towards China from standing. “These 600-or-so pages of the legislation come down to just a few words: patriots ruling Hong Kong,” said Peter Shiu, a pro-Beijing lawmaker. Most of the changes were announced by China in March, though Hong Kong authorities later contributed further details, such as redrawing constituency boundaries and criminalising calls for bal...
Biden administration backs Alaska oil project approved under Trump
The Willow project, consisting of five wells that collectively could produce up to 160,000 barrels of oil a day, would be one of the first major new oil projects in Alaska in years. The development would include a new gravel mine, airstrip, more than 570 miles of ice roads and nearly 320 miles of pipeline to the Alaskan landscape. The Justice Department, in a court filing with the U.S. District Court of Alaska, defended the Trump-era decision to allow the project against environmental advocacy groups’ allegations that Interior had failed to adequately assess the project’s environmental impacts. Both Alaska Republican Sens. Dan Sullivan and Murkowski discussed the project during an Oval Office meeting with Biden on Monday. Sullivan said he left behind information on the project ...
Motion Picture Academy Seeks to Slow Rapid Rate of Membership Growth
The move follows five consecutive years in which the Academy invited 600 or more new members to join its ranks each year. In a surprise move, the Academy of Motion Picture Arts and Sciences announced Wednesday (May 26) that it is seeking to slow the rate of growth of its new members. “To ensure the necessary infrastructure, staff resources and environment to support all Academy members, this year’s growth in membership will be limited to roughly half that of recent years,” the Academy said in a statement. “This modification will enable steady future growth and allow the Academy to continue serving its membership in a more personal manner.” Last year, the Academy invited 819 people to join its ranks — 45% of them women, 36% underrepresented ethnic/racial minorities, and 49% from outsi...
Ex-Super Eagles midfielder Seyi Olofinjana appointed GC Zurich technical director
Switzerland side Grasshopper Club Zurich have appointed former Super Eagles midfielder Seyi Olofinjana as the new technical director. The 40-year-old was most recently a loan manager at Wolverhampton Wanderers. Olofinjana will take over the position of Technical Director at the Grasshopper Club Zurich with immediate effect and will be responsible for sports. He is taking over the position of interim sports director from Jimmy Berisha, who is stepping back into his role as Managing Director. ”Olofinjana was active in his career as a player for Stoke City, Hull City and the Wolverhampton Wanderers, among others. After his active career, he worked for the Wolverhampton Wanderers in various positions. Most recently, he worked as a loan manager,” reads a statement on the club website. “Olofinja...
Iran bans cryptocurrency mining for four months
Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...
House summon AGF over ‘blockage’ of $60 billion repatriation
The House of Representatives has again summoned the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN) for allegedly halting the repatriation of $60 billion loot from Texas, United States of America. The Chairman of the Ad hoc Committee on Assessment and Status of All Recovered Loots – Movable and Immovable Assets from 2002 to 2020 by Agencies of the federal government for Effective Efficient Management and Utilisation, Rep. Adejoro Adeogun, summoned Malami on Wednesday in Abuja when a former Special Prosecutor to the Special Presidential Investigation Panel (SPIP), Mr Tosin Ojaomo, appeared before it. He also revealed that before the panel which was headed by Okoi Obono-Obla was disbanded, it investigated the Auditor General of the Federation for the withdra...
Edo election: Appeal Court upholds Governor Obaseki’s victory
The Court of Appeal, sitting in Benin, yesterday, upheld the ruling of the Edo State Governorship Election Petition Tribunal against the Action Democratic Party (ADP), and reaffirmed the victory of Governor Godwin Obaseki at the 2020 governorship election. Delivering the judgement in the case marked CA/B/EPT/GOV/01 & 1A/2021 Action Democratic Party & Anor v. INEC & 2Ors, the court held that Obaseki did not forge his certificates with which he contested the 2020 governorship election and dismissed the appeal filed by the ADP and its candidate. In another case marked /B/EPT/GOV/02/2021 Action Peoples Party (APP) Vs Godwin N. Obaseki & 2Ors., the Court unanimously upheld the Judgment of the Tribunal and dismissed the Appeal with costs assessed at N600,000 each, on two differe...
Jennifer Granholm sells holdings in electric bus maker after Republican criticisms
Secretary Jennifer Granholm had been a board member for Proterra, but resigned before being confirmed to head the Department of Energy. | Evan Vucci/AP Photo Energy Secretary Jennifer Granholm sold her holdings in electric bus maker Proterra this week, DOE confirmed to POLITICO on Wednesday, following criticism from Republicans that she might be profiting from the administration’s push for electric vehicles. The details: Granholm cleared all of her Proterra holdings in the sales on Monday, providing her with net capital gains of $1.6 million, DOE said. The move fulfills the last of her obligations under her ethics agreement three months before an August deadline. She had been a board member for the company, but resigned before becoming secretary. Granholm’s holdings in the comp...
Taiwan says request to drop word ‘country’ preceded BioNTech vaccine deal collapse
Germany’s BioNTech asked Taiwan to remove the word “country” from an announcement they planned to make on a COVID-19 vaccine sale to the island, its health minister said on Thursday, giving details of the deal whose axing was blamed on China by Taipei. Taiwan and China are engaged in an escalating war of words after Beijing offered the shots to the Chinese-claimed island via Shanghai Fosun Pharmaceutical Group Co Ltd, which has a contract to sell them in Greater China. Taiwan Health Minister Chen Shih-chung told a daily news briefing the government had signed and sent back a “final contract” agreed with BioNTech after months of negotiations, and the two sides were on the verge of issuing a press release on Jan. 8. But four hours later “BioNTech suddenly sent a letter, saying they strongly ...