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Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report

The Taliban’s takeover of Afghanistan has had a “massive chilling effect” on the local cryptocurrency market, bringing it to an effective “standstill,” according to a recent report. Blockchain analytics firm Chainalysis in an Oct. 5 report stated the Middle East and North Africa (MENA) region saw the largest crypto market growth in 2022 but noted that Afghani crypto dealers had three options: “flee the country, cease operations, or risk arrest.” The report states after the Taliban seized power in August 2021, crypto value received in August and September that year spiked to a peak of over $150 million, then fell sharply the following month.  Before the takeover, Afghani citizens would on average receive $68 million per month in crypto value mainly used for remittances. That ...

MTN in Talks to Sell its Afghanistan Business

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Taliban Bans Public Music In Afghanistan

In the wake of the United States’ ongoing withdrawal from Afghanistan and the impending takeover of the nation by the Taliban, the country is experiencing a concerted cultural shock impacting nearly all aspects of daily life. One Taliban spokesperson, Zabihullah Mujahid, who Newsweek notes is a likely figure for the nation’s Minister of Information and Culture, has already indicated the public presence of music is going to be banned.  “Music is forbidden in Islam,” Mujahid bluntly stated. “But we’re hoping that we can persuade people not to do such things, instead of pressuring them.” The regressive position was similarly held by the Taliban when they last ruled the country from 1996 to 2001. Such proclamations have already resu...

Sheikh Gumi: Nigerians’ll regret it if Isa Pantami is removed

Renowned Islamic Scholar, Sheikh Ahmad Gumi, says Nigerians will regret it if embattled Minister of Communications and Digital Economy, Isa Pantami, is removed from office. Gumi, who recently met with former President Olusegun Obasanjo and recommended special courts to try bandits and kidnappers, also said the country needed more people like Pantami in government. The controversial cleric spoke on Monday in an interview with Roots TV monitored by newsmen. He said, “All his (Pantami’s) actions, one hundred percent, shows he is not a terrorist. Those who are terrorists are after his life. The minister should continue. His presence there is fighting the terrorist ideology. “Show me one person he has killed. He has not killed anybody. He has not ordered the killing of anybody. The man is stabi...

CAN: Isa Pantami serving President Buhari’s interest

File Photo The Christian Association of Nigeria, CAN, says President Muhammadu Buhari appointed Isa Pantami as Nigeria’s communications minister to serve a predetermined purpose, noting the government will not cast him away no matter how loud the call for his removal becomes. CAN’s position was relayed by its General Secretary Joseph Daramola in an interview with Punch. The comments come less than 24 hours after the presidency defended Mr Pantami of his alleged support for terrorist groups. Mr Daramola said the Christian body is not surprised that the presidency swiftly came out to exonerate Pantami, saying those who tapped him for the job were quite aware of his antecedents and must have given him specific instructions to carry out in government. “Government studies the characters they pu...

Isa Pantami: PDP lambasts APC for ‘supporting terrorism through silence’

The Peoples Democratic Party has accused the All Progressives Congress and its leaders of a “conspiratorial silence in the face of the worrisome revelation in which a member of the Federal Executive Council and Minister of Communications and Digital Economy, Isa Pantami, has been accused of affiliation with terrorist groups.” Pantami has been under fire of late over sermons he delivered in the past that allegedly had him sympathising with terrorist organisations – Al-Qaeda and the Taliban – a thing he says he has repented of. He has, however, received the backing of the Presidency which declared that calls for his resignation or sacking are tantamount to cancel culture. The ruling All Progressives Congress is yet to issue a statement on the comments made by the Minister concerning the terr...

Russia hopes for progress as U.S. joins Afghan peace talks in Moscow

Russia said it hoped international talks in Moscow on Thursday would breathe new life into the Afghan peace process, after a high-level U.S. official joined the Russian-hosted talks for the first time. The talks, which also include representatives of Pakistan and China, are designed to give a boost to negotiations between the Afghan government and the Taliban in Qatar’s capital Doha, stalled lately by government accusations that the insurgents have done too little to halt violence. “We regret that so far the efforts to launch a political process in Doha have yet to yield a positive result,” Foreign Minister Sergei Lavrov said in his opening remarks at the talks. “We hope today’s talks will facilitate the creation of conditions to achieve progress in intra-Afghan negotiations.” U.S. envoy Z...

New US Lawsuit Alleges MTN Paid off Terrorist Groups in the Middle-East

Sourced from Business Tech A lawsuit filed in the United States that claims that telecom giant MTN paid protection money to terrorist groups al-Qaeda and the Taliban have been expanded to include new claims. The Wall Street Journal reported that the newly expanded lawsuit now also claims that two US contractors – which ran aid projects in Afghanistan – paid protection money to the Taliban. The suit in question was filed by certain families of US soldiers who were killed or wounded in Iran and Afghanistan between 2009 and 2017. Initially launched last year, the case is now hearing new allegations at the United States District Court. The suit, which also includes claims against seven other international companies including the security company G4S, alleges that MTN violated the US Anti-Terro...

Roadside bomb kills seven in Afghanistan

Seven civilians were killed by a roadside bomb linked to the Taliban in northern Afghanistan, officials said Tuesday, even as authorities pressed for peace talks with the militants. The blast struck a small truck carrying a group of labourers late Monday in the volatile district of Khan Abad, in the province of Kunduz. No group claimed responsibility, but Kunduz provincial spokesman Esmatullah Muradi pointed the finger at the Taliban. “The Taliban usually plant roadside bombs to target security forces, but their bombs usually kill civilians,” he told AFP. Two of six others wounded in the blast were in critical condition, said district chief Hayatullah Amiri. Earlier this year, a United Nations report said more than 10,000 people were killed or wounded in the war in 2019 alone. Overall viol...

Gunmen attack Afghan hospital, kill two babies, 11 others

Thirteen people, including two babies, were killed on Tuesday when gunmen stormed a maternity hospital in the Afghan capital Kabul, an interior ministry spokesman said. “The fatalities also include mothers and nurses,” spokesman Tareq Arian said. Three gunmen held siege the Barchi National Hospital in Kabul for hours after the early-morning attack before security forces killed them in a clearance operation, the interior ministry said. Heavily armed security forces were seen carrying infants away from the scene — at least one wrapped in a blood-soaked blanket. “The fatalities also include mothers and nurses,” interior ministry spokesman Tareq Arian said. Some 15 people were wounded and more than 100 — including three foreign nationals — were rescued, he said. The hospital is located in the ...