• About Us
  • Contact Us
  • Privacy & Policy
Tuesday, October 14, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Senate Considers Cryptocurrency Operation Rundown

Vincent Amadi by Vincent Amadi
April 1, 2025
in Economy, News
Reading Time: 2 mins read
A A
0
Senate Considers Cryptocurrency Operation Rundown
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

By: Amadi Vincent Uzoma

The Senate Committee on Capital Markets has called for the regulation of cryptocurrency to ensure accountability and protect investors’ funds. The Committee’s Chairman, Sen. Osita Izunaso, made this statement after the committee screened the newly appointed Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, and three executive commissioners behind closed doors.


Izunaso emphasized that since Nigerians are already trading in cryptocurrencies, the government needs to regulate this activity to understand where the money is going. He stated that while it is impossible to stop Nigerians from engaging in crypto trading, the government has a responsibility to regulate the crypto market.
The Chairman also highlighted that investing in the stock exchange and capital market would help boost Nigeria’s economy. He noted that President Bola Tinubu has set a target of a N1 trillion economy, which can only be achieved through the development of the stock exchange, capital market, commodities exchange, and crypto market. Izunaso believes that these areas will inject more liquidity into the system, which is crucial to addressing the problem of a weak naira.

In response, Agama promised to accelerate the development of the capital market in a way that would promote wealth creation, attract investments, and generate jobs for Nigerians. He assured that the commission would introduce innovative programs to create world-class companies and ensure the redistribution of wealth. Agama stated that the commission is committed to changing the narrative of the Nigerian capital market and helping to achieve the President’s goal of a N1 trillion economy in the shortest possible time.

Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

3 days ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

1 week ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

2 weeks ago
Kwara govt denies claims DSS disarmed vigilantes before Oke-Ode attack
National

Kwara govt denies claims DSS disarmed vigilantes before Oke-Ode attack

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Makinde to party members: Have faith, PDP will rise again
National

Makinde to party members: Have faith, PDP will rise again

6 hours ago
Ohanaeze youths back Gov Mbah’s defection to APC
National

Ohanaeze youths back Gov Mbah’s defection to APC

6 hours ago
Seven Akwa Ibom Lawmakers Defect to APC, Citing Party Divisions
National

Enugu APC chairman commend dissolution of Ward, LG excos

7 hours ago
Suspended Rivers Governor Returns From Vacation Amidst Speculation Of Reinstatement
National

Fubara swears in SSG, warns against power abuse

7 hours ago
FG warns ASUU against disrupting academic calendar with strike
National

FG warns ASUU against disrupting academic calendar with strike

1 day ago
No plans of replacing Edun – Presidency clarifies
National

No plans of replacing Edun – Presidency clarifies

1 day ago

POLITICS

Despite Herdsmen attack, Enugu is the safest State in Nigeria-Governor Peter Mbah

Mbah’s APC defection move rips Enugu PDP apart

3 days ago
PDP Governors Hold Crucial Caucus Ahead NEC Meeting

PDP to Senate: Don’t hurry Amupitan confirmation, Nigerians deserve credible INEC chair

3 days ago
2027: Defections can’t stop us – PDP declares

2027: Defections can’t stop us – PDP declares

4 days ago
Seven Akwa Ibom Lawmakers Defect to APC, Citing Party Divisions

2027: ADC’s hope of victory just hallucination – APC

5 days ago
Akpabio, Moro in heated argument over senators’ defections

Akpabio, Moro in heated argument over senators’ defections

5 days ago
Court Orders INEC to Prosecute 2023 Election Offenders

Fix INEC before 2027 elections – Political leaders urge Tinubu

1 week ago

YOUR ECONOMY

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

3 days ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

1 week ago
BREAKING NEWS: PENGASSAN Declares Nationwide Strike.
Economy

BREAKING NEWS: PENGASSAN calls off strike

2 weeks ago
You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery
Economy

You’re scaring off investors – Senator Karimi warns PENGASSAN over feud with Dangote Refinery

2 weeks ago
BUA Chairman: Naira Will Settle at N1,300/$ by December 2025
Economy

BUA Chairman: Naira Will Settle at N1,300/$ by December 2025

3 weeks ago
IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana
Economy

IMF, World Bank, puppeteers behind Nigeria’s full fuel subsidy removal – Falana

4 weeks ago

E & P

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd
Sports

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

by Steven Atogi
6 days ago
0

Manchester United legend, Paul Scholes has predicted the Premier League match between the Red Devils and Liverpool. Liverpool will host...

EPL: Amorim should use Mbeumo as striker over Sesko — Owen

EPL: Amorim should use Mbeumo as striker over Sesko — Owen

2 weeks ago
Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

Xavi Hernandez hinted to replace Ruben Amorim at Old Trafford

2 weeks ago
Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

Dembele wins 2025 Ballon d’Or ahead of Yamal [Full list]

3 weeks ago
Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

Paul Scholes Defends Amorim’s System, Slams Manchester United Recruitment System

4 weeks ago
Lookman Wins Atalanta Player of the Month of September 2024

Siasia to Chelle: Rely on Lookman, Arokodare

1 month ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
1 week ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
2 weeks ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
1 month ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
1 month ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Makinde to party members: Have faith, PDP will rise again

Makinde to party members: Have faith, PDP will rise again

October 14, 2025
Ohanaeze youths back Gov Mbah’s defection to APC

Ohanaeze youths back Gov Mbah’s defection to APC

October 14, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address