Cryptocurrency ban is in the best interest of every well meaning Nigerian – Emefiele

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank’s directive to financial institutions on cryptocurrency transactions, is in the best interest of Nigerians. Emefiele said this on Tuesday, while briefing a joint senate committee on banking, insurance and other financial institutions; ICT and cybercrime; and capital market. Recall that […]

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U.S. DHS explains why visa restriction was imposed on Nigerians, states way forward

The United States has explained that immigrant visa restriction was imposed on Nigeria as a result of the country’s failure to comply with its established identity-management and information-sharing criteria. In a statement, the US Department of Homeland Security (DHS) said the restriction became necessary due to America’s inability to verify a traveller’s identity and “assess whether […]

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Indonesia resolves to remove all cigarette adverts from the internet

Indonesia’s communications ministry on Thursday said it would remove all cigarette advertisements from the internet, following a request from the health ministry. A cigarette, also known colloquially as a fag in British English, is a narrow cylinder containing psychoactive material, usually tobacco, that is rolled into thin paper for smoking. The health ministry cited existing […]

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Facebook bans organization using fake accounts to post ‘news’ about Nigeria, other countries

Israeli firm, Archimedes Group, has been banned by Facebook. The company received the ban for using fake accounts and pages to post political news about Nigeria. Archimedes Group is a political consulting and lobbying firm that boasts of its ability of wining elections worldwide. In a post, Nathaniel Gleicher, Facebook’s head of cybersecurity policy,  explained that […]

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Blanket ban on CODEINE can cause loss of 23,000 jobs

Workers in the chemical and non-metallic sector on Thursday appealed to the Federal Government against blanket ban of codeine to save the nation about 23,000 jobs. Mr Babatunde Olatunji, the President of the National Union of Chemical, Footwear, Rubber, Leather and Non-Metallic Products Employees (NUCFRLAMPE) made the plea while answering questions from journalists in Lagos. […]

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