Online platforms like Twitter, Facebook and Tiktok will be required to register and open offices in Nigeria and appoint contact persons with the government, draft regulations from the information technology development agency show.
Twitter's board has armed itself against a possible hostile takeover - a day after billionaire Elon Musk made a $43bn (£33bn) offer to buy the platform.
The US has linked North Korea-backed hackers to a massive cryptocurrency heist worth $615m (£469m) from players of the popular online game Axie Infinity in March.
Billionaire Elon Musk has offered to buy Twitter for about $41 billion in cash, saying the social media company he has often criticized needs to go private to see effective changes.
North Korean hackers stole almost $400m (£291m) worth of digital assets in at least seven attacks on cryptocurrency platforms last year, a report claims.
Elon Musk is facing a social media backlash after China complained that its space station was forced to avoid collisions with satellites launched by his Starlink Internet Services project.
Chinese ride-hailing giant Didi Global has announced plans to take its shares off the New York Stock Exchange (NYSE) and move its listing to Hong Kong.
Uber is making its first foray into the marijuana market, as Uber Eats users in Ontario, Canada will soon be able to order cannabis products on the app.
