Blog

TikTok reassigns senior executive team
News Tech

Group challenges TikTok ban in Texas

A group filed a lawsuit against the state of Texas on Thursday, claiming that the state’s prohibition on public university personnel using the Chinese-owned short video app TikTok on state-owned devices or networks has jeopardised research and instruction. The Knight First Amendment Institute at Columbia University filed a complaint in the United States District Court […]

Nigeria to end gas flaring by 2030 - NUPRC
Oil and Gas

Crude oil production hits 1.48mbpd in June – NUPRC

Nigeria produced 1.48 million barrels per day of crude oil in June 2023, including 55,088 and 176,030 bpd of blended and unblended condensates, respectively, according to the National Upstream Petroleum Regulatory Commission. This is 3.5% and 5.71% more oil than it produced in May 2023 and June 2022, when it produced 1.43 and 1.40 million barrels […]

Chinese hackers hack US Commerce chief's emails
News Tech

Chinese hackers hack US Commerce chief’s emails

Secretary of the U.S. Department of Commerce, Gina Raimondo, has become one of several high-ranking Americans whose emails were compromised earlier this year by hackers that Microsoft claims is located in China. In a meeting with Wang Yi on Thursday in Jakarta, Secretary of State Antony Blinken made it clear that any action that targets […]

Crypto lender Celsius CEO Alex Mashinsky arrested, sued for fraud
News Tech

Crypto lender Celsius CEO Alex Mashinsky arrested, sued for fraud

Celsius Network’s creator and former CEO, Alex Mashinsky, has been detained and charged with fraud on Thursday, according to a U.S. prosecutor in New York. According to the indictment, which was made public on Thursday, Mashinsky, 57, was accused with seven criminal crimes, including securities fraud, commodities fraud, and wire fraud, while Roni Cohen-Pavon, Celsius’ […]

Nigerian banks involved in 70% of financial crimes - EFCC
News

EFCC investigates over N317bn Lagos investment, forex fraud

The Economic and Financial Crimes Commission has declared that it is presently looking into numerous cases of forex and investment fraud totaling more than N317 billion in Lagos alone. At the same time, it was announced that Lagos, Nigeria’s commercial capital, had turned into the country’s epicentre for all kinds of economic and financial crimes. […]

Uber not sharing 'personal info of users' with Lagos govt
News

Uber launches improved safety features on app

Popular ride-hailing company, Uber has introduced two new features on its app, an emergency button feature, and an audio recording capability. This move is aimed at prioritizing the well-being of both drivers and riders during trips. The emergency button feature allows users to seek immediate assistance in case of incidents such as accidents, health emergencies, […]

FIFA offers 440 global clubs $200M World Cup incentives
News

FIFA offers 440 global clubs $200M World Cup incentives

FIFA, the organization that governs world football, has announced that 440 teams from 51 member associations would receive considerable benefits for releasing players to compete in the Qatar competition finals in 2022. It made this announcement through its FIFA Club Benefits Programme where it revealed the importance of clubs in player development and their support of national […]

Adobe to launch Photoshop for mobile users
News Tech

The British antitrust watchdog revealed on Thursday that it would thoroughly investigate Adobe’s $20 billion offer for the online creative platform Figma. The Competition and Markets Authority reported late last month that it had detected issues in the supply of screen design software, where the companies compete, and found that the acquisition could result in […]

NCAA discovers illegal fuel suppliers at airports
Aviation

NCAA halts Max Air’s Boeing operations over safety concerns

Following a string of incidents, the Nigerian Civil Aviation Authority has put a halt to the operation of every Boeing 737 in Max Air’s fleet due to safety concerns. The suspension was announced in a letter headed “Suspension of Parts A3 and D43 of the Operations Specifications Issued to Max Air with Immediate Effect,” dated […]