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COMMAND YOUR DAY PRAYER POINTS FOR TODAY MONDAY 17TH JUNE, 2024 (+YORUBA EDITION)

COMMAND YOUR DAY PRAYER POINTS FOR TODAY MONDAY 17TH JUNE, 2024 (+YORUBA EDITION)


BY OLUSEGUN TIMOTHY O.

READ: PSALM 68



1)  Powers that have vowed to cut short my life before my time die by fire

2)  Powers that have vowed that I will not see the good of  the Land die by fire

3) Powers that have vowed to make my day of celebration a day of mourning die by fire

4) Powers that have a covenant with the grave to swallow me and my destiny die by fire

5) Every evil hands postponing my day of joy wither and be burnt off in Jesus name

                YORUBA EDITION 

1) Agbara to pinu lati pami siwaju ogo mi egbina loruko Jesu

2) Gbogbo agbara to pinu people mi no je ere Ile ayo mi eku pelu ina loruko Jesu

3)  Gbogbo agbara to fe so ojo Ayo mi di ojo ibanuje esegbe danu

4)  Gbogbo agbara to ti ba Isa oku mule nitori mi ati ayanmo mi esegbe danu loruko Jesu

5) Gbogbo agbara to n sun ojo Ayo mi siwaju esegbe danu loruko Jesu

 JESUS IS LORD NO CONTROVERSY.

BY OLUSEGUN TIMOTHY O.

READ: PSALM 68



1)  Powers that have vowed to cut short my life before my time die by fire

2)  Powers that have vowed that I will not see the good of  the Land die by fire

3) Powers that have vowed to make my day of celebration a day of mourning die by fire

4) Powers that have a covenant with the grave to swallow me and my destiny die by fire

5) Every evil hands postponing my day of joy wither and be burnt off in Jesus name

                YORUBA EDITION 

1) Agbara to pinu lati pami siwaju ogo mi egbina loruko Jesu

2) Gbogbo agbara to pinu people mi no je ere Ile ayo mi eku pelu ina loruko Jesu

3)  Gbogbo agbara to fe so ojo Ayo mi di ojo ibanuje esegbe danu

4)  Gbogbo agbara to ti ba Isa oku mule nitori mi ati ayanmo mi esegbe danu loruko Jesu

5) Gbogbo agbara to n sun ojo Ayo mi siwaju esegbe danu loruko Jesu

 JESUS IS LORD NO CONTROVERSY.

Donald Trump says he will end the funding to Ukraine if he becomes President

Donald Trump says he will end the funding to Ukraine if he becomes President

 


Former US President Donald Trump has said he will end the funding to Ukraine if he becomes President in 2024.


The US led NATO under president Joe Biden in a resolution has viewed to continue funding the war in Ukraine until the Russia is defeated and Putin is removed from office.


The G7 in a resolution in Italy was seeking to even finance Ukraine with Russia sized money and assets in Europe and America.


 


Former US President Donald Trump has said he will end the funding to Ukraine if he becomes President in 2024.


The US led NATO under president Joe Biden in a resolution has viewed to continue funding the war in Ukraine until the Russia is defeated and Putin is removed from office.


The G7 in a resolution in Italy was seeking to even finance Ukraine with Russia sized money and assets in Europe and America.


NDLEA bursts Lagos warehouse, seizes N4.7billion cocaine, meth, arrests siblings in Aba

NDLEA bursts Lagos warehouse, seizes N4.7billion cocaine, meth, arrests siblings in Aba


The National Drug Law Enforcement Agency (NDLEA) announced that its special operation unit has taken down a cartel controlled by a drug baron, 49-year-old Kelechi Monday Nwaobasi, and his 50-year-old elder sister, Ms. Chinwe Rose Nwaobasi.

The NDLEA said the development followed the arrest of the suspects’ siblings and the seizure of cocaine and methamphetamine consignments worth over N4.1 billion in street value from their hideout in Aba, Abia State.

The National Drug Law Enforcement Agency (NDLEA) announced that its special operation unit has taken down a cartel controlled by a drug baron, 49-year-old Kelechi Monday Nwaobasi, and his 50-year-old elder sister, Ms. Chinwe Rose Nwaobasi.

The NDLEA said the development followed the arrest of the suspects’ siblings and the seizure of cocaine and methamphetamine consignments worth over N4.1 billion in street value from their hideout in Aba, Abia State.

EFCC Charges Casino, Gaming Operators on Compliance With AML/ CFT Regulations

EFCC Charges Casino, Gaming Operators on Compliance With AML/ CFT Regulations


The Economic and Financial Crimes Commission, EFCC, has charged operators in both the casino and gaming sectors in the country to comply with  Anti-Money Laundering and Counter Terrorism Financing (AML/CFT) laws in their operations.


This call was made in Lagos on Thursday, June 13, 2024 at a workshop tagged “Promoting Implementation of Customer Due Diligence and Targeted Financial Sanctions (TFS) Requirements in Casinos and Gaming Sector" organized by the Special Control Unit against Money Laundering (SCUML), a Department in the EFCC.


Speaking at the occasion, Michael T. Wetkas,  acting Lagos Zonal Director of the EFCC,  who declared the workshop open, said: “ We acknowledge and appreciate your significant contributions to the nation's economic growth.  However, we urge you to ensure that your operations align with the provisions of the law”.


Wetkas, who was represented by Richard  Adejumo, Head, Foreign Exchange Malpractices Section, EFCC, Lagos Zonal Command, added that “Our goal is to support Nigeria's efforts to exit the FATF (Financial Action Task Force) list. A key area of focus is enhancing Know Your Customer (KYC) practices, which will help prevent Politically Exposed Persons (PEPs) from using your platforms for money laundering and embezzlement."


Earlier, Pascal Samu, acting Deputy Director, SCUML, EFCC Headquarters, said: “This event must be seen as part of the continued partnership between SCUML and  stakeholders in the gaming industry towards the development of an effective, sustainable and mutually beneficial AML/CFT supervision of the sector in Nigeria.”


He further explained that as industry operators, they must continue to promote the adoption of measures, such as customers’ due diligence, detection and filing of suspicious transaction reports, implementation of targeted financial sanction and beneficial ownership verification, among others.


According to him, “This will strengthen your compliance and build a common formidable response against terrorist financiers and other criminal elements seeking to abuse the sector.”


He also stated that the workshop, in addition to building individual operator’s capacity, would also enable a cross-fertilization of ideas and experience-sharing across the industry.”


In his remarks,  Bashiru Are, Executive Director of Lagos State Lotteries Board, LSLB, urged the participants to take the issue of compliance seriously.


In her presentation titled “Overview of Typology Studies( Corruption and Money Laundering)”,  Ibinabo Mary Amachree, Head, SCUML Lagos, exposed  participants to the  various methods, patterns, and techniques that criminals use in exploiting casinos operators and how to avoid falling prey to them.


She also encouraged participants to support the EFCC in its efforts to combat money laundering and terrorism financing.


Folashade Oluwasanya, a senior Compliance Officer with SCUML, Lagos, delivered a lecture on “ Implementing Targeted Financial  Sanctions in the Casino Sector”, while  Sylvester Akpan, also an officer in SCUML, Lagos, spoke on “ The Importance  of Know Your Customers,KYC,/ Customer Due Diligence”.

 


Source: EFCC 


The Economic and Financial Crimes Commission, EFCC, has charged operators in both the casino and gaming sectors in the country to comply with  Anti-Money Laundering and Counter Terrorism Financing (AML/CFT) laws in their operations.


This call was made in Lagos on Thursday, June 13, 2024 at a workshop tagged “Promoting Implementation of Customer Due Diligence and Targeted Financial Sanctions (TFS) Requirements in Casinos and Gaming Sector" organized by the Special Control Unit against Money Laundering (SCUML), a Department in the EFCC.


Speaking at the occasion, Michael T. Wetkas,  acting Lagos Zonal Director of the EFCC,  who declared the workshop open, said: “ We acknowledge and appreciate your significant contributions to the nation's economic growth.  However, we urge you to ensure that your operations align with the provisions of the law”.


Wetkas, who was represented by Richard  Adejumo, Head, Foreign Exchange Malpractices Section, EFCC, Lagos Zonal Command, added that “Our goal is to support Nigeria's efforts to exit the FATF (Financial Action Task Force) list. A key area of focus is enhancing Know Your Customer (KYC) practices, which will help prevent Politically Exposed Persons (PEPs) from using your platforms for money laundering and embezzlement."


Earlier, Pascal Samu, acting Deputy Director, SCUML, EFCC Headquarters, said: “This event must be seen as part of the continued partnership between SCUML and  stakeholders in the gaming industry towards the development of an effective, sustainable and mutually beneficial AML/CFT supervision of the sector in Nigeria.”


He further explained that as industry operators, they must continue to promote the adoption of measures, such as customers’ due diligence, detection and filing of suspicious transaction reports, implementation of targeted financial sanction and beneficial ownership verification, among others.


According to him, “This will strengthen your compliance and build a common formidable response against terrorist financiers and other criminal elements seeking to abuse the sector.”


He also stated that the workshop, in addition to building individual operator’s capacity, would also enable a cross-fertilization of ideas and experience-sharing across the industry.”


In his remarks,  Bashiru Are, Executive Director of Lagos State Lotteries Board, LSLB, urged the participants to take the issue of compliance seriously.


In her presentation titled “Overview of Typology Studies( Corruption and Money Laundering)”,  Ibinabo Mary Amachree, Head, SCUML Lagos, exposed  participants to the  various methods, patterns, and techniques that criminals use in exploiting casinos operators and how to avoid falling prey to them.


She also encouraged participants to support the EFCC in its efforts to combat money laundering and terrorism financing.


Folashade Oluwasanya, a senior Compliance Officer with SCUML, Lagos, delivered a lecture on “ Implementing Targeted Financial  Sanctions in the Casino Sector”, while  Sylvester Akpan, also an officer in SCUML, Lagos, spoke on “ The Importance  of Know Your Customers,KYC,/ Customer Due Diligence”.

 


Source: EFCC 

NAF bombards bandit kingpin’s camp, kills 25 terrorists in Katsina

NAF bombards bandit kingpin’s camp, kills 25 terrorists in Katsina


In an operation conducted yesterday, the Air Component of Operation Hadarin Daji successfully hit the camp of a notorious bandit kingpin, Alhaji Dutsi, in Katsina State.


The Nigerian Air Force airstrikes resulted in the elimination of over 25 terrorists, disrupting criminal activities in the area.


In an operation conducted yesterday, the Air Component of Operation Hadarin Daji successfully hit the camp of a notorious bandit kingpin, Alhaji Dutsi, in Katsina State.


The Nigerian Air Force airstrikes resulted in the elimination of over 25 terrorists, disrupting criminal activities in the area.

BIS Survey: 94% of Central Banks Exploring Digital Currency

BIS Survey: 94% of Central Banks Exploring Digital Currency


The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs).  Bitcoin.com reportd 


There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.


BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.


According to the report:


Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.


The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.


“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report

 notes.

Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.


Regarding cryptocurrencies, the report states:


On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.


The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs).  Bitcoin.com reportd 


There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.


BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.


According to the report:


Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.


The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.


“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report

 notes.

Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.


Regarding cryptocurrencies, the report states:


On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.

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