The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has proposed a new law aimed at combating the issue of crypto influencers using their influence to promote dubious crypto projects. The new law requires every crypto platform or Virtual Assets Service Provider (VASP) to be registered with a license from the Nigerian SEC before…
Social media apps such as Facebook, Instagram and WhatsApp are down amid a widespread Meta outage. Website Downdetector, which monitors where there are issues with websites and apps, showed large spikes for Facebook and other Meta apps with people saying they had been affected by the outage. According to Downdetector, Facebook outages were first reported…
Google has unveiled the findings of its 2024 Year in Search for Nigeria, showcasing the most popular searches, notable individuals, actors, musicians, topics, questions, and other subjects that captured Nigerians’ attention during the course of the year. Released on Tuesday, Google’s Year in Search is an annual analysis that reveals the top trending lists and…
Campaign posters featuring former President Goodluck Jonathan have flooded major locations in Kano state, sparking speculation about a potential bid for the presidency in 2027. The posters, strategically displayed at high-traffic areas such as the Gyadi-Gyadi/Zoo Road flyover, Kofar Nasarawa, and State Road, bear the slogan “Team New Nigeria 2027: The Goodluck Nigeria Needs—Dr. Goodluck…
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…
