ADVERTISEMENT
Apples Bite Int'l Magazine
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

    Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
  • News Bite
    • All
    • Arts
    • Events
    • International
    • National
    • Politics
    • Press Release
    • Security
    • Show Biz
    • Sports
    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

    Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    • Politics
    • International
    • National
    • Show Biz
    • Events
    • Security
    • Sports
    • Press Release
  • Lifestyle Bite
    • Fitness
    • Nutrition
    • Personal Growth
    • Travel
  • Health Bite
    • Doctor’s Diagnosis
  • Brand & Business Bite
    • Energy
  • Fashion Bite
  • Opinion Bite
    • Featured Story
    • Fiction & Poetry
    • Career
    • Teachings
    • ABM Staff Blog
    • ABM True Stories
    • Research
    • Tech
  • More
    • Latest Magazine Issue
    • Leadership 360°
    • Religion
    • Education
    • Law
    • Metro
    • Romance
      • Love
      • Sex and Relationship
      • ABM TV
      • Interviews
      • Movies
      • Red Carpets
  • Contact Us
No Result
View All Result
Apples Bite Int'l Magazine
No Result
View All Result
Adron Homes Lemon Friday
Home Brand & Business Bite

Aare Adetola Emmanuelking Reaffirms Commitment to Yoruba Culture at Ooni of Ife’s 50th Birthday

Seunmanuel Faleye by Seunmanuel Faleye
October 23, 2024 - Updated on July 15, 2025
in Brand & Business Bite
Reading Time: 2 mins read
0
Aare Adetola Emmanuelking Reaffirms Commitment to Yoruba Culture at Ooni of Ife's 50th Birthday

Aare Adetola Emmanuelking Reaffirms Commitment to Yoruba Culture at Ooni of Ife's 50th Birthday

0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Aare Adetola Emmanuelking, Chairman/CEO of Adron Group, accompanied by the Managing Director of Adron Group, Mrs. Adenike Ajobo, and other management team, in a gesture that underscores his unwavering commitment to promoting and preserving the rich Yoruba culture and traditions, paid a royal visit to His Imperial Majesty, Oba Ogunwusi Eniitan, Ojaja II, the Ooni of Ife, on Sunday, October 20, 2024, in celebration of the monarch’s 50th birthday.
 
The visit took place at the Ooni’s historic palace in Ile-Ife, a city revered as the cradle of Yoruba civilization. Aare Emmanuelking, a staunch advocate for cultural heritage, expressed his deep admiration for the Ooni’s pivotal role in uniting and uplifting the Yoruba people. This significant visit exemplifies the strong relationship between Adron Group and traditional rulers across the country, and it reflects the company’s commitment to community development and the preservation of Nigeria’s diverse cultural values.
 
Speaking at the event, Aare Emmanuelking emphasized the importance of maintaining and promoting the customs and traditions that define the Yoruba people while fostering relationships with traditional rulers and the broader community. He noted that these relationships are essential not only for cultural preservation but also for supporting sustainable development that benefits local communities and strengthens national unity.
 
“A nation’s growth is deeply tied to its cultural roots. The Yoruba culture and all Nigerian traditions form the bedrock of our values and identity. We at Adron Homes are proud to be associated with these values and are committed to ensuring that they are passed down to future generations,” Aare Emmanuelking stated during the visit.

RelatedPosts

Investors at UBA Business Series Identify Africa's Next Billion-Dollar Opportunities

Investors at UBA Business Series Identify Africa’s Next Billion-Dollar Opportunities

July 16, 2026
NESCAFÉ Rewards Over 41,000 Nigerians, Empowers Four Entrepreneurs in Next Level Promo

NESCAFÉ Rewards Over 41,000 Nigerians, Empowers Four Entrepreneurs in Next Level Promo

July 16, 2026
Air Peace Suffers Flight Disruptions After Ground Equipment Damages Aircraft

Air Peace Suffers Flight Disruptions After Ground Equipment Damages Aircraft

July 15, 2026

In closing, Aare Adetola Emmanuelking offered his heartfelt prayers to the Ooni of Ife, saying: “May His Imperial Majesty, Oba Ogunwusi Eniitan, continue to reign in wisdom, peace, and prosperity. As the custodian of our cherished traditions and a beacon of hope for our people, we pray for long life, good health, and enduring success for His Majesty. Long live the King, long live the Ooni of Ife.”
 
The Ooni of Ife, Oba Ogunwusi, expressed his gratitude for the visit and lauded Adron Group’s efforts in supporting traditional institutions and fostering development. The Ooni’s 50th birthday celebrations have drawn dignitaries and well-wishers from across the country, all paying tribute to his reign and visionary leadership.
 
Adron Homes and Properties, a leading real estate company, remains committed to its mission of making affordable housing accessible to all Nigerians. Under Aare Emmanuelking’s leadership, the company continues to engage with traditional rulers, recognizing their vital role in community cohesion and the preservation of cultural identity.

Seunmanuel Faleye
Seunmanuel Faleye

Seunmanuel Faleye is a brand and communications strategist. He is a covert writer and an overt creative head. He publishes Apple’s Bite International Magazine.

Tags: Aare Adetola Emmanuelking Reaffirms Commitment to Yoruba Culture at Ooni of Ife's 50th Birthday

Related Posts

Stanbic IBTC, Abia Government Strengthen Partnership to Boost MSME Growth
Brand & Business Bite

Stanbic IBTC, Abia Government Strengthen Partnership to Boost MSME Growth

July 15, 2026
UBA Business Series Enlists M.I Abaga, Chowdeck CEO, Egunjobi to Speak on Innovation, African Startups
Brand & Business Bite

UBA Business Series Enlists M.I Abaga, Chowdeck CEO, Egunjobi to Speak on Innovation, African Startups

July 15, 2026
Dangote Announces N500,000 Reward for Reporting Illegal Use of Company Trucks
Brand & Business Bite

Dangote Announces N500,000 Reward for Reporting Illegal Use of Company Trucks

July 13, 2026
Banks Reduce Lending by N5.45tn to Eight Key Sectors Amid CBN Loan Clean-Up
Brand & Business Bite

Banks Reduce Lending by N5.45tn to Eight Key Sectors Amid CBN Loan Clean-Up

July 13, 2026
Elumelu Steps Down as UBA Chairman After 12 Years, Nnorom Takes Over
Brand & Business Bite

Elumelu Steps Down as UBA Chairman After 12 Years, Nnorom Takes Over

July 6, 2026
NGX Records ₦154.39bn Weekly Turnover as Market Index Slips 1.21%
Brand & Business Bite

NGX Records ₦154.39bn Weekly Turnover as Market Index Slips 1.21%

July 6, 2026
Load More
No Result
View All Result

Recent Posts

  • Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government
  • Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy
  • Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline
  • Tinubu Wanted Young Female Deputy Governor, Says Hamzat
  • Bode George Blames Excessive Land Reclamation for Lagos Flooding

Recent Comments

    Apples Bite Int'l Magazine

    Apples Bite Magazine is your premier destination for updates in business, daily news, and entertainment. At Apples Bite, we serve insightful stories and in-depth analysis, curated to empower professionals, entrepreneurs, and forward-thinking individuals who thrive on staying ahead of the curve.

    © 2026. All Rights Reserved. ApplesBite International Magazine.

    No Result
    View All Result
    • News Bite
      • Politics
      • International
      • National
      • Show Biz
      • Events
      • Security
      • Sports
      • Press Release
    • Lifestyle Bite
      • Fitness
      • Nutrition
      • Personal Growth
      • Travel
    • Health Bite
      • Doctor’s Diagnosis
    • Brand & Business Bite
      • Energy
    • Fashion Bite
    • Opinion Bite
      • Featured Story
      • Fiction & Poetry
      • Career
      • Teachings
      • ABM Staff Blog
      • ABM True Stories
      • Research
      • Tech
    • More
      • Latest Magazine Issue
      • Leadership 360°
      • Religion
      • Education
      • Law
      • Metro
      • Romance
        • Love
        • Sex and Relationship
        • ABM TV
        • Interviews
        • Movies
        • Red Carpets
    • Contact Us

    © 2026. All Rights Reserved. ApplesBite International Magazine.