The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) fined Kardashian $1.26 million on Oct. 3, for “touting on social media” about the EMAX without disclosing she was paid $250,000 to post about it. Kardashian has neither admitted to nor denied the SEC’s allegations, but settled the charges and agreed to not promote any cryptocurrency assets until 2025. SEC chairman Gary Gensler tweeted the fine was a reminder that celebrity endorsement of investment opportunities doesn’t “mean those investment products are right for all investors.” Today @SECGov, we charged Kim Kardashian for unlawfully touting a crypto securi...
Some members of the People’s Democratic Party (PDP) in Nnewi South Local Government Area of Anambra State, Tuesday, decamped to the Labour Party. The former PDP members were received at Ezinifite, Nnewi by the Labour Party’s governorship candidate, Mr. Obiora Agbasimalo, ahead of this year’s election on November 6. The Chairman of the decampees from the LGAs and wards, Chief Alphonsus Ofoke, said their decision to identify with Labour Party was as a result of the outstanding attributes of the governorship candidate. According to Ofoke, Agbasimalo is a man who has exhibited a great sense of humility and a clear vision of how to move the state forward. In his reaction, Agbasimalo congratulated them for such bold steps while assuring them that the party is home to all. He said: “There is no d...
Some residents of Bauchi metropolis have expressed concerned over the erratic power supply in the area. Some of the residents who spoke with newsmen in seperate interviews, said the situation had made life unbearable for them. Newsmen report that Gwallameji area of Bauchi and other parts of the metropolis are leaving in darkness in the past months following vandalisation of electrical facilities in the affected communitie. They urged the Jos Electricity Distribution Company (JEDCO) to address the problem and adopt proactive to protect its facilities against acts of vandalisim. Mr Paul Ugochukwu, a resident of Rafin Zurfi area of the metropolis, said they had been experiencing erratic power supply for the past three months sequel to the alleged destruction of the power transformer in the ar...
President Muhammadu Buhari has described Zambia’s first President and liberation hero, Kenneth Kaunda, as one of the greatest African and world leaders of all time who loved his country and people profoundly. The President’s Spokesman, Malam Garba Shehu, in a statement, quoted Buhari as stating this in his reaction to Kaunda’s death. Newsmen report that Kaunda, who died at the age of 97, ruled Zambia from 1964, when the Southern African country won its independence from Britain, to 1991. Thereafter, the late nationalist became one of the most committed activists against HIV/AIDS in Africa. The President said: “I have received his (Kaunda’s) passing with great shock because I knew his contributions to the development of not only Zambia but also, Africa at large. “We can’t forget in a hurry ...
Ole Gunnar Solskjaer believes the return of fans will give Manchester United an “extra lift” in their final few games of the season. Supporters will be inside Old Trafford for the first time since March 2020 for United’s final home league game of the season, against Fulham, and after two defeats on the spin at home the United manager is hoping their support will give them a boost. After recent protests, Solskjaer is also hoping the supporters will get behind the team and hopes the game won’t be “marred by violence.” Solskjaer said: “Of course you hope that the game against Fulham will not be marred by any violence or over the top things. “I know our fans, I know the Manchester United fans, they’re the best fans I’ve had and I’ve got such a great relationship with them and they know how to ...
House member: Lai Mohammed destabilizing Kwara, destroying APC
The All Progressives Congress (APC) lawmaker representing Offa/Oyun/Ifelodun Federal Constituency of Kwara State at the National Assembly, Hon Tijani Kayode Ismail, has accused the Minister of Information and Culture, Alhaji Lai Mohammed, of destabilizing the state and destroying the party. Ismail spoke at a press conference in Ilorin on Wednesday in reaction to the recent comments by the minister. According to him, “There were crises before the party’s primary election and after the emergence of party candidates, I could remember when Alhaji Lai Mohammed made attempt to replace the names of some candidates. “He personally told me to step down for Gbenga Power which I resisted and he later sponsored Gbenga to challenge my victory in Court. Thank God, I came out victorious. “Alhaji Lai, as ...