Iran is temporarily banning cryptocurrency mining after some of the country’s major cities experienced repeated blackouts. President Hassan Rouhani said that the ban would last until September 22nd. The country has experienced summer blackouts in years past, and while the current round of outages is mostly being blamed on a drought that’s affecting the country’s ability to generate hydroelectric power, it seems that the Iranian government is eager to cut down on any aggravating factors. Power-hungry cryptocurrency mining operations, for instance. According to the BBC, Iran operates a program where Bitcoin miners must register with with the government, pay extra for electricity, and sell their coins to the central bank. President Rouhani stated that the legal mining operations in the countr...
Former president Olusegun Obasanjo, has advised the Federal Government to invest sufficiently in agriculture as a strategy to curb youth restiveness in the country. Obasanjo, who spoke yesterday in Abuja, at the flagged off of new tractors to boost farm mechanization in the country, said agriculture stands in good stead in boosting the country’s earnings. Represented by the Emir of Keffi, Alhaji Shehu Chindu Yamusa, he said: “investment in Agriculture is key to sustainable economic growth and development. Agriculture is the only way to engage the youth and make them productive.” He hailed the All Farmers Progressive Association for the laudable project of contributing significantly to alleviate the sufferings of Nigerians through sustainable modern agro technology. Meanwhile, President of ...
Governor Abdullahi Umar Ganduje of Kano State has said Nigeria cannot progress with the level of corruption in the country. Speaking on Thursday at the inauguration of an eight-man Anti-Corruption Strategy Steering Committee, Ganduje stressed that all stakeholders must do all that is necessary to ensure a corruption-free state with limitless opportunities. Ganduje, who was represented at the occasion by Alhaji Usman Alhaji, the Secretary to the State Government, noted that there is no sacred lamb in the fight against corruption in the state. “Believe me, we don’t need to say that corruption in this country is killing all of us. The truth of the matter is that we will never develop or progress with this level of corruption in this country,” the governor cautioned. The governor said the miss...
File Photo The National Association of Seadogs (Pyrates Confraternity) has berated the Presidency over its defence of the embattled Minister of Communications and Digital Economy, Isa Pantami. NAS in a statement signed by the NAS Capoon, Mr Abiola Owoaje, titled ‘Isa Pantami Must Go’ stated that that the Presidency’s defence was “an ill-judged action that provides a safe haven for a self-confessed sympathiser of terrorism.” Owoaje who described the Presidency’s defence as hollow pointed out that “it suggests that the Buhari administration is so deeply infected with bigotry that the defence of a Minister is informed by factors more primordial than the integrity of governance.” According to him “President Buhari’s decision to retain Pantami as Minister despite documented evidence of him bein...
Nigeria’s secret police, the Department of State Service (DSS) has disowned reasons adduced for its alleged failure to reveal alleged link of Malam Isa Pantami, the Minister of Communications and Digital Economy to terrorism before his confirmation as minister in 2019 adduced by one of its former officer, Dennis Amachree. Amaechree, a former Assistant Director of DSS had in an online interview on Wednesday said the secret police was aware of alleged link of Pantami to terrorism. But he said the DSS decided not to make the reasons public, thus enabling Pantami to sail through senate screening due to a lot of factors including federal character balancing. Amachree had said, ”There is no information that escapes the DSS, we have all of it, all. When I was working there, we keep a catalogue of...
Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...