Singapore and major banks test asset tokenization under Project Guardian By Investing.com
This collaborative effort is part of the broader Project Guardian, which seeks to integrate digital assets into mainstream finance while addressing regulatory compliance, cybersecurity, and equitable access. A key focus of the collaboration is the development of a digital infrastructure named Global Layer One (GL1). GL1 aims to host tokenized assets and applications that could expedite cross-border transactions and enable seamless trading across global liquidity pools. The project involves international regulatory bodies including Japan's Financial Services Agency (FSA), the UK's Financial Conduct Authority (FCA), and Switzerland's Financial Market Supervisory Authority (FINMA), reflecting its global scope. The testing of these tokenization applications is not only a milestone for MAS and its partners but also marks a significant development in the broader context of financial technology.
Source:The Guardian
November 15, 2023 18:39 UTC
Student blames fatigue as OAU lecturer slumps, dies
Sources on the campus said Ojediran was rushed to the institution’s clinic immediately he slumped on Tuesday, but could not make it. According to him, the deceased, whom he described as a father, complained of headache, adding that the lecturer appeared very weak. The school needs to recruit more lecturers most especially that Faculty of Education. “For example, a lecturer that is supposed to be a level adviser will now be doing the work of 6 to 7 lecturers. This is the fourth death that will be recorded this year in that faculty.
Source:Punch
November 15, 2023 18:33 UTC
Ogun student arrested for poisoning girlfriend
A final-year student of the Federal University of Agriculture, Abeokuta, Oladokun Ayomide, has been arrested by the Ogun State Police Command for allegedly poisoning his girlfriend, Ugbokwe Mmasichukwu, and another lady, Odumosu Semilore. PUNCH Metro gathered that while leaving for the suspect’s residence, Mmasichukwu told her schoolmate, Semilore, to accompany her to her boyfriend’s place at Surulere community, Camp, Abeokuta. Contacted, the Public Relations Officer, Omolola Odutola, told our correspondent that the victims were responding to treatment, adding that further investigation was going on to unravel the circumstances behind the incident. “A foil paper pack used for the brownie cake was found when our officers visited the crime scene. The suspect was handed over to the police division by the Chief Security Officer of the school,” Odutola stated on Tuesday.
Source:Punch
November 15, 2023 17:54 UTC
Chinese President arrives US
The President of the People’s Republic of China, Xi Jinping has arrived in San Francisco, U.S., to attend a summit with President Joe Biden. The Summit is also the 30th Asia-Pacific Economic Cooperation Economic Leaders’ Meeting that started on November 14 and will end on November 17. In a statement on Wednesday, Chinese Ambassador to the U.S., Xie Feng, said that Xi arrived on Tuesday afternoon local time. The statement said, “Xi Jinping was warmly greeted by many overseas Chinese, including Chinese students studying abroad, who waved both Chinese and American flags along routes from the airport to welcome the Chinese President. “Cai Qi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, and Chinese Foreign Minister, Wang Yi, also a member of the Political Bureau of the CPC Central Committee, arrived in San Francisco on the same flight.
Source:Punch
November 15, 2023 16:28 UTC
Tata Punch EV spotted testing ahead of imminent launch, reveals new details
The carmaker is busy testing the Punch EV, based on its smallest SUV, on roads ahead of the launch. The latest spy video of the Tata Punch EV has revealed several details about the upcoming electric SUV. Like the Nexon EV, Tata Motors is expected to offer the Punch EV in both mid-range and long-range versions. The size of the battery could be the ones used for Tigor EV or the Nexon EV. Tata Punch EV could offer range of more than 300 kms in a single charge in the long-range version.
Source:Punch
November 15, 2023 15:33 UTC
Universities can’t survive without charging school fees –UNILG ex-VC
Headteachers were respected while the primary school teachers did their work honestly and diligently. Recently the government said universities shouldn’t increase school fees? Parents who are not well fed, where do you want them to get enough to pay school fees? Our schools should not hesitate to increase fees, which means parents would be able to pay the school fees. Therefore, the only way they can survive is to introduce school fees because most students going abroad are paying fees there too.
Source:Punch
November 15, 2023 14:02 UTC
Strike: Organised labour finally shut down National Assembly | The Guardian Nigeria News - Nigeria and World News
The National Assembly complex in Abuja has been finally shut down by organised labour groups in protest of the manhandling of the national president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero. The Guardian observed that the entire gates leading to the National Assembly complex was under lock and key as of 9:00 am today. However, the Presidential villa gate which connects the National Assembly complex remained open for security personnel and other essential workers. As at the time of filling in this report, the management of the National Assembly is yet to speak on the matter. On Tuesday the complex witnessed a partial strike with motorists and staff stranded for several hours.
Source:The Guardian
November 15, 2023 11:29 UTC
Over 100 secondary school girls participate in YEF Goal Project quiz competition
The quiz competition which had various secondary schools from across Ibadan participating, featured topics which bordered on current affairs, child rights and protection, education and health. So girls under this scheme are peer leaders that reach out to other girls on all they have learnt. The main purpose of this quiz competition is for the girls to meet themselves, interact with other girls from other schools going through the goal program and share lessons and we also use the quiz competition to have an idea of what they have learnt during the program. We use it as a tool to monitor and ensure that the girls can share what they already learnt,” she stated. Stylised as…Helen Paul and other bastardy storiesEveryone has a history; how you act and tell your story defines you.
Source:Nigerian Tribune
November 15, 2023 05:40 UTC
The Pickwick Papers as today’s reflection of yesterday | The Guardian Nigeria News - Nigeria and World News
But truly, we are not too distant in spatio-temporal terms from the 1650s political and social alchemy. A man who has great affinities with Machiavelli and Musolini, he is much like the proverbial cat with nine lives. Many people have an excessively-exaggerated view of his ability to weather any situation or to turn stone to bread. This class today can defend any wrong so long as they are positioned to benefit the class or its leading lights. It is such that those who condemned what was wrong yesterday are up in arms to defend that self-same wrong today.
Source:The Guardian
November 15, 2023 03:34 UTC
BREAKING: Old naira notes remain legal tender indefinitely – CBN
The Central Bank of Nigeria has extended the validity of the old N200, N500 and N1,000 notes indefinitely . “Thus, all banknotes issued by the Central Bank of Nigeria, in accordance with Section 20(5) of the CBN Act 2007, will continue to remain legal tender, ad infinitum. “The Central Bank of Nigeria is working with the relevant authorities to vacate the subsisting court ruling on the same subject. “Accordingly, all CBN branches across the country will continue to issue and accept all denominations of Nigerian banknotes, old and redesigned, to and from deposit money banks. “The general public is enjoined to continue to accept all Naira banknotes (old or redesigned) for day-to-day transactions and handle these banknotes with utmost care, to safeguard and protect the lifecycle of the banknotes.
Source:Punch
November 15, 2023 00:54 UTC
TCN says national grid is intact, supplying electricity to distribution load centres nationwide
Ndidi Mbah, TCN’S General Manager Public Affairs, made this known in a statement in Abuja on Tuesday. Mbah said that TCN did not make any statement through her office that there would be a national blackout as claimed in some quarters. She said, "The statement is mischievous and baseless as TCN, through the Public Affairs Head, did not make such. "We hereby note that the nation’s grid is intact and supplying bulk electricity to distribution load centers nationwide. ADVERTISEMENT"As at when issuing this statement, the TCN National Control Centre Osogbo which controls bulk power transmission nationwide, is actively operational.
Source:The Guardian
November 15, 2023 00:38 UTC
Tata Punch EV Spotted With Nexon.ev Headlights; Check Interior And Powertrain Details Here
Tata Motors is one of the largest automobile manufacturers in India, recently launched the Tata Nexon.ev for the Indian market. It is known that Tata is also planning to launch the EV iteration of its popular compact SUV, Tata Punch soon. ALSO READ: Tata Punch EV Spotted With Fake Exhaust, Front Bumper Mounted Charging Port And Harrier-Inspired Front Fascia; DeetsPunch EV - DesignRecent spy pictures of the Tata Punch EV have revealed that it will get new LED headlights that look similar to those on the Nexon EV. Punch EV - InteriorThe interior details of the Punch EV aren’t visible but it is expected that the Punch EV will get a new two-spoke steering wheel with an illuminated Tata logo, similar to the one in the new Nexon. Punch EV - LaunchPost its launch, the Tata Punch EV will be the fourth EV from the manufacturer after the Tigor.ev, Tiago.ev and Nexon.ev.
Source:Punch
November 14, 2023 20:31 UTC
BREAKING: Driver surrenders to police after crushing LAWMA offic
The state Police Public Relations Officer, SP Benjamin Hundeyin, confirmed the development to our correspondent on Tuesday. He said, “The owner of the Honda Saloon car turned himself in yesterday (Monday) night and he will be taken to court today for manslaughter. “It was not murder, it was an accident and was not deliberate, so he will be charged with manslaughter.”It was earlier reported that the driver after crushing the two LAWMA sweepers took off leaving his car. He was reported to have rammed into the sweepers while allegedly trying to escape from officials of the Lagos State Traffic Management Authority. The statement partly read, “Immediate investigation revealed that no LASTMA officer was involved in the unfortunate incident.
Source:Punch
November 14, 2023 17:55 UTC
Shipping company records 94% revenue drop
French shipping company, CMA CGM, has reported a 94.5 per cent drop in net income in the third quarter of 2023. The shipping company in its recent report on Monday, titled, ‘Third quarter 2023 financial report’, sighted by The PUNCH, said that it revenue within the period under review, stood at $11.4bn. CMA CGM is the third largest container shipping company in the world, and it also brings goods to Nigeria. The company recorded a net income of $7,039bn while in the same period in 2023; the company had $388m. CMA CGM said it is undergoing a gradual rebalancing of contributions from the group’s maritime shipping and logistics businesses.
Source:Punch
November 14, 2023 15:31 UTC