LAGOS MARCH 6TH (NEWSRANGERS)-Binance, a leading cryptocurrency exchange, has announced its decision to cease operations in Nigeria due to regulatory challenges with the federal government and the Central Bank of Nigeria (CBN) regarding foreign exchange regulations. Customers have been given until March 8, 2024, to withdraw their funds, following the halt of naira deposits starting…
LAGOS FEBRUARY 9TH (NEWSRANGERS)- President Bola Tinubu, on Thursday, at a book launch in Eko Hotel, Lagos, described social media as a menace that must be regulated. Speaking on Thursday at the presentation of “National Public Discourse: the interplay between empirical evidence and hyperbole,” a book by Mr. Babatunde Raji Fashola, SAN, Tinubu said there…
LAGOS AUGUST 20TH (NEWSRANGERS)- Lionel Messi scored early in regulation and converted the first shot in penalty kicks as Inter Miami beat Nashville SC 10-9 on penalties in the Leagues Cup final on Saturday night. Messi scored midway through the first half, his 10th goal in seven games since joining Inter Miami — all in…
LAGOS SEPTEMBER 2ND (NEWSRANGERS)-Amidst the fintech boom in Nigeria and increasingly tight regulations on the industry, African technology giant, SystemSpecs, has called for a balance between innovation and regulation to ensure a healthy financial technology ecosystem that will benefit all stakeholders. According to Ezinne Obikile, the Executive Director in charge of the payment business at…
LAGOS OCTOBER 31ST (NEWSRANGERS)-Popular Nigerian movie star and politician, Desmond Elliot, has come under severe criticism on social media regarding his proposal to regulate the social media. Elliot, who represents Surulere constituency in the Lagos Assembly was seen in a video that went viral championing for his colleagues at the Lagos Assembly to regulate the…
LAGOS OCTOBER 25TH (NEWSRANGERS)-Vice-President Yemi Osinbajo on Thursday said that he did not subscribe to regulation of the social media by the government. He however cautioned Nigerians against the abuse of social media, noting that it can precipitate war and violent conflict if used to misinform. He specifically warned against using social media platforms to…