President Bola Tinubu says Nigeria will launch four satellites within the timeline of his administration’s Renewed Hope Agenda. Mr Tinubu said this on Monday at the opening ceremony of the 25th anniversary of Nigeria in space in Abuja. The anniversary celebration was organised by the National Space Research and Development Agency (NASRDA) in collaboration with…
Donald Trump’s US election victory – and billionaire Elon Musk’s role in helping to get him elected – has sent many users of Mr Musk’s social networking service X, formerly known as Twitter, leaving for alternatives. One of the key beneficiaries of the exodus has been Bluesky, which rocketed to the No. 1 spot on…
The Nigerian telecommunication regulator, NCC, has disqualified Nigerians below the age of 18 from getting a Subscriber Identity Module (SIM) card. Sources at the commission told PREMIUM TIMES that this policy is aimed to “protect minors” from the liabilities that arise from the usage of such SIMs. One source, a senior official of the commission,…
A cryptocurrency trader has joined the long list of traders who lost a significant amount of money trading memecoins. The trader in question lost a whopping $450,000 trading on a newly created memecoin in about 40 minutes. The memecoin in question here is a newly created ANT by Claude (ANT) meme coin and the transaction…
The first patient to undergo recently approved gene therapy for sickle cell disease, Kendric Cromer, has left the hospital. The 12-year-old has been receiving treatment at the Children’s National Hospital in Washington, D.C., United States of America, for the past 44 days, but left the facility on Monday, reports the New York Times. Sickle cell…
MTN Nigeria, the country’s largest telecom operator, has stressed the urgent need for the telecommunications sector to return to profitability to sustain its operations. The Chief Executive Officer of MTN, Karl Toriola, made this known on Monday during a tour of MTN’s facilities by Fellows of the Media Innovation Programme in Ibeju-Lekki, Lagos. The MTN…
Meta, the parent company of WhatsApp, Facebook, and Instagram, says it has deleted another 1,600 groups linked to ‘Yahoo Boy’ from its platform. The development comes three months after the company removed 63,000 accounts in Nigeria linked to sextortion scams. In a statement on Thursday, Meta also announced that Instagram is taking measures to further…
In a major privacy change, Telegram is opening the door to sharing user data, including IP addresses and phone numbers, with law enforcement. On Monday, Telegram CEO Pavel Durov announced the change after vowing to crack down on illegal activities on the messaging platform following his arrest in France. In a post, Durov said Telegram…
The cryptocurrency trading platform Binance has outlined two conditions that must be met before it can consider registering under Nigeria’s Securities and Exchange Commission’s (SEC) special framework program for onboarding Virtual Assets Service Providers (VASPs), including crypto platforms. Binance’s position is in response to the regulatory frameworks set out for cryptocurrency platforms by Nigeria’s regulatory…
The Nigerian Communications Commission (NCC) has introduced the Device Management System (NCC-DMS), a comprehensive Central Equipment Identity Register (CEIR) aimed at managing and regulating mobile devices accessing the country’s communication networks. The Commission in a new ‘Type Approval Business Rule 2024’ has, therefore, mandated all Mobile Network Operators (MNOs) in the country to connect to…