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Plateau: I remain council chairman says Bar Zulfa Rimven

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Reacting to the vote of no confidence passed on him as well as the alleged impeachment by some legislators in the council, the Executive Chairman of Langtang North local government council of Plateau state Barr Zulfa Rimven, described the action as scandalous, irritating and laughable.

Zulfa in a statement, he personally signed and made available to newsmen in Jos said, he remains the Executive Chairman of the Langtang North local government council of Plateau.

In his words “I was not served any impeachment notice on the 31st August 2022 or any other day by my Honourable legislators come to think of failing to respond to any allegations the councillors raised.”

“I still remain the Executive Chairman of the council as elected by the good people of Langtang North local government and we alongside the hard-working legislators are working out modalities to improve the living condition of the people of the council.”

The statement further reads that “As we approach the 2023 general elections, the APC cannot afford to allow people and some fifth columnist to undermine the success of the party, as any right thinking member of any political party will ensure unity at this crucial time.”

“I have never been served any impeachment notice and currently still carrying out my official duties as council boss.”

Barr Zulfa described the allegations of corruption against him by some of the Councillors as false and lies from the pit of hell, I would always continue to carry all stakeholders along while serving the people of Langtang North.

“I want to make it categorically clear that the public should disregard any information that I have been impeached.”

“I urge party supporters to please remain calm and be law-abiding as we continue to work to provide dividends of democracy to the people of Langtang North,” Barr Zulfa further added.

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NPFL: VAR Is Not A Luxury, Technology Is Taking Over – Avonda Richard

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Avonda Richard, an ardent supporter of the Nigerian Premier Football League (NPFL) based in Ogba, Lagos State, has called for the introduction of Video Assistant Referee (VAR) technology in the domestic league, insisting that Nigeria must embrace modern football technology to improve officiating and strengthen the credibility of its football competitions.

READ ALSO: NPFL: VAR, Improved Referee Officiating Needed To Restore League Integrity – Ezekiel | Sports247 Nigeria

Speaking during Sports247’s Let’s The Fans Talk programme, Richard expressed concerns over the standard of refereeing in Nigerian football, acknowledging the efforts of match officials while pointing out the challenges affecting their performance, particularly inadequate training and facilities.

“To be honest, the Nigerian officiating sometimes is really, really poor. But I must also give it to them; they are trying their best,” Richard said.

He argued that some referees lack the necessary professional training and access to adequate facilities to prepare them for the demands of the game, stressing that officiating should be treated as a serious profession that requires proper development and continuous education.

Richard maintained that introducing VAR into the NPFL would help reduce officiating errors and bring Nigerian football closer to the standards of other competitive leagues.

“VAR is not a luxury because technology is taking over. So VAR is something that Nigeria needs to introduce in the Nigerian Premier League,” he stated.

Beyond the introduction of technology, Richard also called for improved television coverage of the domestic league, noting that Nigerian football deserves greater visibility and should be accessible to supporters in the same way they follow major European competitions.

“We should be having a Nigerian professional league that people can watch, just like when we watch Premier League, Italy and Germany on the screen,” he added.

He believes that increased broadcast coverage would attract more attention to the NPFL, create greater awareness among football supporters and encourage accountability within the league.

Richard’s comments highlight the growing conversation around the need for improved refereeing standards, investment in modern technology and greater visibility for Nigerian football as the NPFL continues to seek stronger recognition within African football.

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CBN issues regulations for non-security virtual assets, effective November 5,

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BY NKECHI NAECHE-ESEZOBOR—The apex regulator, the Central Bank of Nigeria (CBN) on Friday  issued regulations for the Operations of Non-Security Virtual Assets in Nigeria, setting out a framework for licensing, regulating and supervising stablecoins, virtual asset service providers and related activities.

According to a circular to virtual asset service providers and stakeholders in the financial services industry, the apex bank said the regulations are meant to promote responsible innovation, strengthen the integrity of the Nigerian financial system and provide an appropriate framework for emerging digital payment instruments.

The CBN said the regulations are issued under the CBN Act, 2007, the Banks and Other Financial Institutions Act, 2020, and other applicable laws. It described them as a comprehensive, risk-based framework covering the licensing, authorisation, regulation, supervision and oversight of non-security virtual assets in Nigeria.

The framework covers stablecoins, Deposit Money Tokens, virtual asset service providers, virtual asset payment services, platform-facilitated peer-to-peer services, and custody, transfer, remittance, clearing and settlement activities.

The regulations also set requirements on the classification and designation of regulated tokens and activities, and on the licensing of issuers and providers of non-security virtual asset services. Other areas covered include capital, reserve-backing, liquidity and redemption; corporate governance, risk management and internal controls; and technology risk, cybersecurity and operational resilience.

They further address the safeguarding of reserve and customer assets; customer protection, disclosures and complaints management; and anti-money laundering, counter-terrorist financing and counter-proliferation financing obligations. Sanctions screening, transaction monitoring, blockchain analytics, Travel Rule compliance, counterparty due diligence, regulatory reporting, supervisory access, information sharing, enforcement, administrative sanctions and orderly wind-down arrangements are also included.

The CBN said the regulations apply to persons carrying out regulated activities in or from Nigeria, those directing such activities at persons in Nigeria, and those whose activities may materially affect the country’s payments system, financial system, foreign exchange market or financial stability. They may apply whether or not the person has a physical presence in Nigeria.

The apex bank said the regulations do not displace the statutory mandate of the Securities and Exchange Commission or any other competent authority. Activities involving security virtual assets, securities, investment contracts or other capital-market products remain subject to the capital-market regulatory framework. Where an activity involves both non-security virtual assets and matters under another authority’s mandate, approvals must be obtained from each competent authority.

All affected institutions, issuers, service providers, operators, promoters and other stakeholders are required to familiarise themselves with the regulations and comply fully with the applicable requirements.

The regulations take effect from November 5, 2026. The circular was issued by the CBN’s Payments System Policy Department.

The post CBN issues regulations for non-security virtual assets, effective November 5, appeared first on Business Today NG.

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