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Hollywood Actor Michael B. Jordan, Jay-Z To Produce Limited Series On Muhammad Ali’s Life

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Michael B. Jordan’s Outlier Society and Jay-Z’s Roc Nation are set to collaborate on a limited TV series with Amazon Studios about the life of famed boxer Muhammad Ali.

Jordan’s career took a dramatic upward shift through his lead role in the Creed franchise as Adonis Johnson. According to Forbes, the experience through the two films makes him a great fit for the lead role, but due to his close association with the main protagonist in the boxing movies, he has elected to find another star.

Ali’s estate will also be involved in the production as it will reportedly closely retell key moments of Ali’s life.

Speaking to the media, Jordan said on the series:

It’s a healthy weight to carry, to be able to tell the story of Muhammad Ali. It’s called The Greatest right now and we’re partnered with Roc Nation on the music side of things. It’s a project where we’ve partnered with the estate and we’ll be able to tell this story with no red tape. It’s a limited series that will really dive into the life of Muhammad Ali. I’m not going to be too specific beyond that, but we’ll be able to get to know him in ways we haven’t had a chance to before.

The project follows a line of dramatic interpretations of the civil rights activist including Will Smith, starring Ali in 2001 directed by Michael Mann.

There are some other projects in the pipeline between Jordan and Amazon arriving soon too, including Tom Clancy’s Without Remorse, which sees Jordan star as former Navy SEAL John Clarke from the Jack Ryan universe. The film is scheduled to release on April 30.

Muhammad Ali was an American professional boxer, activist, entertainer, and philanthropist. Nicknamed The Greatest, he is widely regarded as one of the most significant and celebrated figures of the 20th century and as one of the greatest boxers of all time.

Digital Assets: Securities And Exchange Commission Suspends Plans To Regulate Crypto-currencies

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Nigeria’s Securities and Exchange Commission has said it has put on hold plans to regulate crypto-currencies in the country.

A statement issued by SEC on Thursday read in part “For the purpose of admittance into the SEC regulatory incubation framework, the assessment of all persons and products affected by the Central Bank Nigeria circular of February 5, 2021, is hereby put on hold until such persons are able to operate bank accounts within the Nigerian banking system”.

The exchange commission’s statement came days after Nigeria’s apex bank ordered financial institutions in the country to close accounts dealing in crypto-currencies, saying the transactions posed risks to the economy.

SEC said its statement was necessitated due to several comments and inquiries from the public that there is a conflict between the SEC Statement on Digital Assets and their Classification and Treatment of September 11, 2020, and the Central Bank of Nigeria (CBN) Circular of February 5, 2021.

In September, SEC said it viewed crypto-currencies as exchangeable securities and it would regulate them to provide protection for investors and to ensure the transactions are transparent.

SEC said it made the statement at the time, to provide regulatory certainty within the digital asset space, due to the growing volume of reported flows while Central Bank has identified certain risks, which if allowed to persist, will threaten investor protection.

Nigeria has proven to be a hotspot for crypto-currency for apparent reasons ranging from tech adoption, predominant young population, high inflation rates to volatile fiat currency, and an underperforming banking sector.

Nollywood actor, Bolanle Ninalowo says he reminds his daughter everyday God is her Father

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Popular Nollywood actor, Bolanle Ninalowo, has explained why he constantly reminds his daughter, Aliyah, that he is not her father.

Nino B, as he is fondly called, said he only plays the role of a Guardian while God is her only father.

He stated that because of his constant reminder, she keeps God first in everything she does.

Ninalowo, who shared photos of himself and Aliyah on Instagram, wrote: “With Africa’s Next Top Model @myteenandi… I remind her every day that only GOD is her father, I remain her Guardian… So she keeps GOD first and I, behind her back…Maka”

Infrastructure Development: President Buhari Approves Formation Of Finance Entity To Address Deficit

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President Muhammadu Buhari has approved the establishment of a Public-Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion which over time will grow to N15 Trillion in assets and capital.

Infra-Co will be one of the premier infrastructure finance entities in Africa and will be wholly dedicated to Nigeria’s infrastructure development with concept designs developed from the National Economic Council (NEC) and the Central Bank of Nigeria.

The initial seed capital for the entity will come from the Central Bank of Nigeria, the Nigerian Sovereign Investment Authority, NSIA, and the Africa Finance Corporation.

The President had asked Vice President Yemi Osinbajo, to chair a Steering Committee tasked with setting up the company.

The board of Infra-Co will be chaired by the Central Bank Governor and include the Managing Director of the Nigerian Sovereign Investment Authority, President of the Africa Finance Corporation, as well as representatives of the Nigerian Governors Forum, and the Ministry of Finance, Budget, and National Planning.

The Board will also have 3 independent directors from the private sector.

Infra-Co will finance public asset development, rehabilitation, and reconstruction as well as invest in cutting-edge infrastructure projects for Roads, Rail, Power, and other key sectors.

Federal Government Fights Fuel Smuggling With Downstream Remote Monitoring System

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The Federal Government has renewed the fight against smuggling of petroleum products out of the country with a new technology commissioned by the Department of Petroleum Resources (DPR).

the new initiative known as Downstream Remote Monitoring System (DRMS), is aimed at checking illegal activities in the downstream sector of the oil and gas industry, determine illegal petrol stations actors and provide accurate data on the industry.

Earlier, the Nigerian National Petroleum Corporation (NNPC) said the nation’s economy had been losing N2 billion daily to fuel smuggling after the Federal Government closed land borders and fuel stations around border communities.

Director-General of DPR, Auwalu Sarki, said the move represents a digital transformation that would drive transparency, accountability, domestic energy security and availability of products in the country.

He stressed that the initiative would directly reduce smuggling in the country, insisting that the days of illegal operators in the sector were over.

He said the DRMS would reduce smuggling and provide credible information on how the products are being taken out of the borders, adding that the country would also be able to determine its consumption level and actual products required in the country.

He explained that for the downstream operators, DRMS would provide required information to drive value from existing businesses, investments to fund expansion and growth opportunities for new ventures.

Making NIN mandatory for bank accounts is unnecessary and senseless – Nigerians

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Nigerians on social media have described as ‘senseless’, the recent move by the Federal Government to make the National Identity Number mandatory for transactions such as the opening of bank accounts, payment of taxes, and voter registration.

Recall that the Minister of Communications and Digital Economy, Isa Pantami, while hosting the newly elected National Executive Council of the Association Telecommunications Companies of Nigeria in Abuja announced the proposed move of the government.

But many Nigerians have described the proposed policy as unnecessary and ‘senseless’.

@boma_ibim on Twitter wrote, “This is what we get when the government is confused and lacks direction. Stop stressing the masses.”

@joshuaolawales wrote, “What’s the difference between BVN and NIN, both to me are biometrics. Why do we have to start linking NIN to our bank accounts now. What baffles me is: why now? When there is coronavirus, can’t this linking be moved to after these crisis? or they intentionally want an increase in COVID-19 cases? I just don’t understand what exactly is going on right now.”

Another tweep, @iam_Evera, wrote, “This country has never been serious. Do these people realise this whole exercise is stressful? It took me days to link my BVN with my bank accounts, now they have brought NIN to replace the former claiming it was not backed by law.”

“What then is the use of BVN? Because both NIN and BVN carry the same information and data,” @JustAManLikeMe asked.

“Making NIN mandatory for a bank is senseless. Bank users are not Nigerians and it is not every foreigner that is due to have NIN,” Ogunwale Ololade wrote on Facebook.”

But Ray Momoh opined, “NIN would have been effective if the NIMC division is created in all local government offices in the country. There, new babies born can be registered at birth and NIN number got.”

Federal Government, University Unions Meeting Ends In Deadlock

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The meeting between the Federal Government and the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Universities (NASU), has ended in a deadlock.

It is the second meeting that the Minister of Labour and Employment, Chris Ngige is holding with the striking university workers, in an attempt to resolve the issues leading to the labour unrest in the universities.

At the beginning of the meeting, the minister criticised the two unions on their industrial actions which he described as illegal and unknown to labour laws.

Responding on behalf of the unions, General Secretary of NASU, Peter Adeyemi, said that the unions repose their confidence in him adding that the unions have supported the government and they should not be compensated with the denial of the rights of their members.

He asked the minister to explain how a sector could be given N40 billion and N10 billion was given to three unions while expecting them not to react.

The striking university workers said the government had failed to address their critical demands, which included unpaid earned allowances of members, delisting of members from the Integrated Personnel Payroll Information System (IPPIS) and the arrears of the new minimum wage at the first meeting with the Federal Government which held last Tuesday.

The joint action committee of SSANU and NASU had on Friday last week directed all their members to down tools pending when these demands are met.

Herders have no option than to carry AK-47 to protect themselves – Bauchi gov

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The governor of Bauchi state, Bala Mohammed, has said that herders carry weapons because they need to protect themselves.

The governor ascribed the practice to the failure of society and government to guarantee the safety of herders while in the forest.

Commenting on recent developments in the south-west, Mohammed warned against the criminalisation of the entire Fulani tribe.

The governor spoke on Thursday during the press week celebration in Bauchi.

“Because the Fulani man is practising the tradition of pastoralism, he has been exposed to the vagaries of the forest, cattle rustlers who carry guns, kill him and take away his commonwealth, which is the cows,” he said.

“He has no option than to carry AK47 because the society and the government are not protecting him, what is his fault; it’s the fault of the government and the people. You don’t criminalize all of them, because, in every tribe, there are criminals.”

Mohammed also criticised Samuel Ortom, the governor of Benue, whom he accused of fuelling the criminalization of the Fulani tribe.

He said: “The governor that is most wrong is the governor of Benue State, my brother and colleague Governor Samuel Ortom; he started all these.

“If you don’t accommodate other tribes, we are also accommodating your tribes in Bauchi and other places. We have so many Tiv people farming in Alkaleri, in Tafawa Balewa, farming in Bogoro LGAs; has anybody told them to go?

“We have not; because it’s their own inalienable rights to be there. We have Yoruba people in Bauchi, for over 150 years, even before the birth of Nigeria; some of them have risen to become permanent Secretaries in Bauchi, in Gombe and in Borno.

“You can see what our colleagues in the south-west and some from the south-east are doing. If cybercrime is practised by one tribe, you don’t criminalise all the tribe that they are criminals.”

Retaliation: BBC News banned from airing in China

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In an apparent tit-for-tat move, BBC World News has been banned from airing in China, according to a statement from China’s National Radio and Television Administration (NRTA) on Thursday.

The announcement comes one week after Ofcom, the British media regulator, said it had withdrawn a license for China Global Television Network, or CGTN, to broadcast in the United Kingdom.

China’s NRTA claimed in its statement that BBC World News had broadcast reports on China that “infringed the principles of truthfulness and impartiality in journalism.”

On February 4, China’s Foreign Ministry criticized the broadcaster for its coverage of China’s response to the Covid-19 pandemic, and dismissed its reports as “fake news.”

“We are disappointed that the Chinese authorities have decided to take this course of action,” a BBC spokesperson said in a statement to CNN Business. “The BBC is the world’s most trusted international news broadcaster and reports on stories from around the world fairly, impartially and without fear or favor.”

Beijing has also repeatedly expressed frustration with BBC reporting on China’s crackdown on Uyghur and other ethnic Muslim minorities in the western region of Xinjiang.

The BBC has run reports claiming that women have been systematically raped, sexually abused, and tortured at camps in the region, where the US State Department estimates that up to 2 million people have allegedly been put into internment camps.

Beijing — which maintains that the camps are vocational training centers that help to deradicalize citizens — has accused the broadcaster of going on “a spree to spread explicit falsehoods about China’s policy” in the region. The BBC has said it stands by its reporting as fair and accurate.

It is unclear how much impact China’s ban of BBC World News will have in mainland China. The BBC has never been allowed to broadcast in mainland China or into Chinese homes. BBC World News was only ever been available in international hotels.

But the ban has also spread to Hong Kong, where Beijing has increasingly been exerting control. On Friday, public broadcaster Radio Television Hong Kong, or RTHK, announced that it would suspend airing BBC World Service and BBC News Weekly.

“China’s decision to ban BBC World News in mainland China is an unacceptable curtailing of media freedom,” Britain’s Foreign Secretary Dominic Raab said in a statement. “China has some of the most severe restrictions on media and internet freedoms across the globe and this latest step will only damage China’s reputation in the eyes of the world.”

The decision to yank BBC News off Chinese airwaves comes just a week after British media regulators pulled the license of China’s state-owned international news channel CGTN. Ofcom said at the time that the broadcaster’s owner, Star China Media Limited, did not have “editorial responsibility” for the channel’s output, and therefore “does not meet the legal requirement of having control over the licensed service.”

Regulators also rejected a proposal by CGTN to transfer the license to a new entity after finding that it would ultimately still be controlled by the Chinese Communist Party, and therefore disqualified under UK law.

That move followed longstanding tensions between British regulators and the Chinese broadcaster. Ofcom had previously ruled that CGTN repeatedly breached impartiality standards with its coverage of protests in Hong Kong.

The damage they have done runs deep – Meghan Markle says as she wins High Court privacy battle against Daily Mail

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The Duchess of Sussex, Meghan Markle, has revealed that she suffered “damage and real sadness” after she won a High Court privacy battle over a letter she sent her dad.

Meghan sued the Mail on Sunday publisher Associated Newspapers Ltd after they published the “heartfelt” handwritten letter to Thomas Markle.

A top judge at the High Court in London has now granted her a “summary judgment”, which would see the case resolved without a trial.

In a statement released after the ruling, Meghan thanked her husband Prince Harry and mum Doria Ragland for their support.

She said: “For me and so many others, it’s real life, real relationships and very real sadness.

“The damage they have done and continue to do runs deep.

“But, for today, with this comprehensive win on both privacy and copyright, we have all won.

“I share this victory with each of you – because we all deserve justice and truth, and we all deserve better.

“I particularly want to thank my husband, mom and legal team, and especially (her solicitor) Jenny Afia for her unrelenting support throughout this process.”

Meghan also launched a stinging attack on the media, saying: “We all lose when misinformation sells more than the truth.”

The judgement found the publication of the letter also infringed Meghan’s copyright but added the issue of whether she was the ‘sole author’ of the letter should be determined at trial.

The Duchess was suing the Mail on Sunday for privacy, copyright and data protection over five articles published in February 2019.

Mr Justice Warby said in his ruling today: “The claimant had a reasonable expectation that the contents of the Letter would remain private.

“The Mail articles interfered with that reasonable expectation.”

He said “the only tenable justification for any such interference was to correct some inaccuracies about the letter” contained in an article in People magazine which featured an interview with five friends of Meghan.

But Mr Justice Warby added: “The inescapable conclusion is that, save to the very limited extent I have identified, the disclosures made were not a necessary or proportionate means of serving that purpose.

“For the most part they did not serve that purpose at all. Taken as a whole the disclosures were manifestly excessive and hence unlawful.”

Mr Justice Warby also found the publication of the letter infringed the duchess’ copyright.

And he said the Mail on Sunday’s articles “copied a large and important proportion of the work’s original literary content”.

But Mr Justice Warby said issues of whether Meghan was “the sole author” – or whether Jason Knauf, formerly communications secretary to the Duke and Duchess of Sussex, was a “co-author” – should be determined at a trial.

He forms part of the Palace Four – Royal aides who worked with Meghan – that could be called up to give evidence.

There will be a further hearing in March to decide “the next steps” in the legal action.

But an ANL spokesman said they were going to appeal the ruling, adding: “We are very surprised by today’s summary judgment and disappointed at being denied the chance to have all the evidence heard and tested in open court at a full trial.”

At a hearing last month, the court was told Meghan sent the letter to her estranged dad, 76, in August 2018.

She was said to have felt forced to write the “painful” letter after they reached “breaking point”.

And her lawyer Justin Rushbrooke QC described the 1,250-word letter as “a heartfelt plea from an anguished daughter to her father”.

But in a sensational witness statement, Thomas Markle claimed the letter was a “criticism” of him.

He also referred to an article five anonymous friends gave to People magazine in which the letter was mentioned.

The article included a quote from a pal, saying: “After the wedding she wrote him a letter.

“She’s like, ‘Dad, I’m so heartbroken. I love you. I have one father. Please stop victimizing me through the media so we can repair our relationship.'”

But Thomas Markle branded this a “total lie” and claims the article was “expressly authorised by Meg or she had at the very least known about and approved of its publication”.

Writing in his witness statement, he said: “[The People quote] suggested to people that Meg had reached out to me with the letter, saying in the letter that she loved me and that she wanted to repair our relationship.

“That suggestion was false. The letter was not an attempt at a reconciliation. It was a criticism of me.

“The letter didn’t say she loved me. It did not even ask how I was. It showed no concern about the fact I had suffered a heart attack and asked no questions about my health.

“It actually signalled the end of our relationship, not a reconciliation.”

Mr Markle also said the article in People magazine wrongly accused him of telling “mistruths” and “contained other inaccuracies about me”.

He said: “It was wrong for People magazine to say I had lied about Meg shutting me out – she had shut me out, as the letter from her showed.”