Nigerian fintech founders jailed in US over $167million money laundering
The senior executives of Ping Express, a fintech business in the United States, were sentenced to 27 months in jail for violating money laundering regulations. Anslem Oshionebo and Opeyemi Odeyale, Nigerian fintech leaders, pled guilty to violating money laundering regulations after moving $167 million to Africa unnoticed in less than three years. While Oshionebo is […]
Breaking: ECOWAS Court declares Buhari’s twitter ban unlawful
Following a challenge filed by the Socio-Economic Rights and Accountability Project (SERAP) and 176 concerned Nigerians, the ECOWAS Court “found unconstitutional the suspension of Twitter by President Muhammadu Buhari’s government, and ordered the administration never to repeat it again.” SERAP deputy director Kolawole Oluwadare announced the news today. Following the deletion of President Muhammadu Buhari’s […]
Expect 5G network in August, NCC tells Nigerians
The Nigerian Communications Commission (NCC) has said that Fifth Generation (5G) technology would be rolled out in Nigeria by August. This was disclosed by the Executive Vice Chairman, NCC, Prof. Umar Danbatta, at the 90th Edition of Telecom Consumer Parliament (TCP) held on Thursday in Lagos, with the theme ‘5G Technology: Opportunities and Challenges’. According to […]
Twitter, Instagram violate FG’s directive to delete porn posts in 24 hours
United States-based social networking sites, Twitter and Instagram, have defied the order given by the Nigerian government to delete porn posts within 24 hours, findings have revealed. On Monday, June 13, the Nigerian government issued a code of practice for all online platforms operating in Nigeria including social media interactive platforms such as Twitter, Facebook, […]
Remove all non-consensual content within 24 hours, FG orders Twitter, Facebook, others
Within 24 hours of users posting non-consensual content that parades partial or full nudity, sexual acts, deep fake, or revenge porn, the Federal Government has issued a directive to social media interactive platforms such as Twitter, Facebook, Instagram, WhatsApp, and TikTok to remove, disable, or block access to it. The order was included in the […]
FG issues fresh operating guidelines to Twitter, Facebook, Instagram, others
The Federal Government has issued fresh operating guidelines to Twitter, Facebook, Instagram and other other online platforms operating in Nigeria. This came as the FG on Monday, in a statement issued by Hadiza Umar, head of corporate affairs and external relations, National Information Technology Development Agency (NITDA), issued a code of practice for all the […]
CBN speaks on alleged sack of Emefiele
The Nigerian Central Bank, CBN, has denied that its Governor, Godwin Emefiele, was fired. President Muhammadu Buhari removed the governor of the Central Bank of Nigeria, according to many internet media outlets, notably blogs. While some social media users feel the president should wait for parliamentary approval before dismissing the governor, others have continued to […]
New National Numbering Plan for telecos approved by NCC
For the Nigerian telephone network, the Nigerian Communications Commission (NCC) has authorized a new National Numbering Plan (both fixed and wireless). The Commission adopted a new strategy for 296 telecoms operators to ensure that each user connected to their network receives a unique national number. Following the Commission’s permission, MTN Nigeria, Globacom, Airtel Nigeria, and […]
Why I sold Twitter to Elon Musk for $44billion – Jack Dorsey
Twitter founder, Jack Dorsey, has given the reason why the microblogging app was sold to United States’ billionaire, Elon Musk. Musk on Monday night reached an agreement to buy Twitter for approximately $44 billion. The 50-year-old acquired the company at $54.20 a share, the same price named in his initial offer on April 14. Giving […]
World richest man, Elon Musk agrees to buy Twitter at $44billion
Elon Musk bid to buy Twitter has become a closed deal as the board of Twitter Inc. on Monday accepted Musk’s $44 billion offer for the company. When finalized, the deal will be one of the biggest acquisitions in tech history. Some analysts believe that the purchase of Twitter by the world’s richest man will […]