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Gary Gensler finds new audience for his crypto skepticism: the US Army

United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11, the U.S. Army hosted its first Twitter Spaces event of 2023, with Gensler and SEC commissioner Caroline Crenshaw joining the discussion to provide financial advice on how and where U.S. soldiers should invest their money. https://t.co/oRjE3pDc8C — U.S. Army (@USArmy) January 11, 2023 Sergeant Lawrence Holmes noted “there are soldiers that look for those alternative investments [such as] crypto assets,” asking the pair what risks there were to crypto investing. “It’s the Wild West,” Gensler answered, adding that “most of these 10,000 or 15,000 tokens will fail.” “History tells us there’s not much room for micro currencies...

Imo governor presents cheques to families of deceased soldiers

Gov. Hope Uzodinma has presented undisclosed amount of money in cheques to six families of deceased soldiers who lost their lives recently while on duty in Imo. Uzodinma presented the cheques on Thursday during condolence visits to the 34th Artillery Brigade, Obinze, the 211 Regiment of the Nigerian Airforce Base, Naze, and families of deceased soldiers. Speaking during the visits, the governor pledged continuous support and commitment to the families to boost their morale and bring lasting solution to the security crisis in the state. Uzodinma, while presenting the cheques to the families and next of kin of the fallen soldiers, prayed to God to grant them fortitude to bear the loss. Earlier, the Brigade Commander, Brig.-Gen. Raymond Utsaha, expressed gratitude to Uzodinma for identifying ...

Nigerian army chief charges troops to be decisive against terrorists

The Chief of Army Staff, Major General Faruk Yahaya, has charged troops of Operation Hadin Kai to be decisive and alert in the fight against the Islamic State West Africa Province and Boko Haram terrorists in North East Nigeria. The COAS, according to a statement by the Director Army Public Relations, Onyema Nwachukwu, on Sunday stated this while addressing troops of Sector 3 Operation Hadin Kai/Multinational Joint Task Force, Monguno. He was said to have embarked on his maiden operational tour of the sector on Saturday. The statement was titled ‘Be decisive and alert in countering insurgency – COAS tells Sector 3 OPHK/MNJTF troops.’ It read, “General Faruk Yahaya lauded the level of discipline and commitment to duty exhibited by troops of the Sector. He, however, admonished them to be apo...

Chad accuses CAR of killing six of its soldiers

The Chad government on Monday accused the Central African Republic (CAR) of killing six of its soldiers in an attack on an outpost in the south of the country. “The Central African armed forces attacked the outpost of Sourou in Chad on Sunday morning … killed a Chad soldier, injured five and kidnapped five others who were then executed in Mbang on the Central African Republic side,” Chad’s Foreign Minister Cherif Mahamat Zene said in a statement. The CAR regularly accuses its northern neighbour of supporting armed rebel groups from inside Chad. The identity of the alleged CAR rebels is yet to be confirmed but a senior Chad security official told AFP news agency, speaking on condition of anonymity, that the rebels were members of Unity for Peace in Central Africa (UPC). The UPC is one of CA...

Rivals say Boko Haram chief dead as jihadists battle for control

When Nigeria’s military claimed Boko Haram leader Abubakar Shekau had been badly wounded in an air strike 2016, the jihadist chief soon appeared in a video to deny another of the many reports of his impending death. Over the weekend, it was an audio from a rival jihadist group finally claiming Shekau had died, detonating explosives to kill himself rather than surrender after a raid on his forest stronghold by his Islamic State-allied enemies. The Boko Haram warlord’s death marks a major shift in Nigeria’s conflict, potentially allowing ISIS jihadists to consolidate and further challenge an already stretched army in their long war. In the audio obtained by AFP, a voice apparently of Islamic State West Africa Province (ISWAP) commander Abu Musab Al-Barnawi confirmed Shekau killed himself whi...

Soldiers ‘kill’ DSS operative inside hotel in Ekiti

File Photo Tragedy struck in Ado Ekiti on Friday evening as soldiers numbering three allegedly killed an operative of the Department of State Services (DSS) inside a hotel. The incident occurred at about 7.30pm at a hotel located along NTA road in Ado Ekiti where one of the soldiers was alleged to have stabbed the DSS operative. The dead victim was said to have been stabbed on the neck and bled profusely, leading to his death. It was gathered that the incident happened as a result of a hot argument between the soldiers and the DSS staff, after they arrested a man suspected to be an ICT fraudster inside the hostel. The source said: “As the soldiers who were inside the hotel had stopped the young man they suspected to be a ‘yahoo boy’ and interrogating him, the young man saw the DSS operativ...

IPOB sit-at-home records success in Onitsha

The sit-at-home protest ordered by the Indigenous People of Biafra, IPOB, and the Movement for the Actualization of the Sovereign State of Biafra, MASSOB, recorded total compliance and success with all the residents of Onitsha and Nnewi and business outfits complying with the directive. All business activities were shot down, all markets were under lock and key public and private Secondary and Primary Schools were shot down, government offices and banks were also not opened for business as they were under lock and key, Petrol and Gas filling stations were also not opened for business as streets and roads shops and artisans in both Onitsha and Nnewi shut for the day business when Vanguard moved round the cities. All the roads leading into and exit of Onitsha, the commercial city, and those ...

UN secretary-general calls for release of civilian leaders in Mali

United Nations Secretary-General Antonio Guterres on Monday called for civilian leaders in Mali to be released, after military officers upset with a government reshuffle detained the president and prime minister at an army camp. “I am deeply concerned by news of detention of civilian leaders of the Malian transition,” Guterres said on Twitter. He continued: “I call for calm & their unconditional release.” President Bah Ndaw and Prime Minister Moctar Ouane lead an interim government, installed under the threat of regional sanctions following a putsch in August, and the detentions on Monday raised fears of a second coup. Two senior officials, who declined to be named, told AFP that soldiers had taken Ndaw and Ouane to the Kati military camp on the outskirts of Bamako. Their detentions fo...

Two ‘Bandits’ burnt to death in Niger

Few hours after 11 persons were kidnapped at Gauraka in the Tafa Local Government Area of Niger State, two suspected kidnappers were allegedly burnt alive by a mob in Madalla area of Suleja LGA of the state. Madalla is a few kilometers from Gauraka. The angry mob allegedly set the two suspected bandits on fire at about 10 a.m. yesterday. An eyewitnesses told newsmen that the suspected bandits were about to escape when the people in the area rounded them up and set them on fire with petrol and used tyres. It could not be confirmed if there was any link between the Gauraka kidnap incident and the burnt suspected kidnappers. In an early morning raid, bandits stormed Gauraka town in the Tafa LGA and kidnapped not less than 12 residents. The figure has now risen to 15, according to a credible g...

House mourns army chief, others

Members of the House of Representatives have expressed sadness over the death of Chief of Army Staff, Lt. Gen. Ibrahim Attahiru and his entourage in an air crash in Kaduna. Attahiru, along with six senior officers and four crew members were onboard Nigerian Air Force Kingair 350 from Abuja to Kaduna, ahead of today’s passing out parade of soldiers from the Nigerian Army Depot in Zaria, when the crash happened amid torrential rainfall, on Friday evening. The Speaker of the House, Hon. Femi Gbajabiamila, in a statement issued on Saturday described as shocking and sad the death Attahiru and others involved in the plane crash. Gbajabiamila said the death of the Army Chief was unfortunate coming at a time that the Nigerian military was finding solutions to the security challenges in the country...

African Union mission urges return to ‘constitutional order’ in Chad

An African Union mission recommended on Wednesday that Chad’s military share power with a civilian president, as one of three options towards restoring constitutional order following last month’s killing of president Idriss Deby. A military council led by Deby’s son Mahamat Idriss Deby seized power in April after his father was killed while visiting troops opposing a rebel insurgency. The African Union, which could suspend Chad over the military takeover, sent a fact-finding mission to develop strategies for a return to constitutional order and democratic governance. In a report, the mission recommended the AU’s security council could support the military transition as it stands, while appointing a special envoy to ensure the military keep their promise to organise elections with 18 months...

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