Cyberattack targets Russian state media on Putin’s birthday
Russian state media company VGTRK, which oversees the country’s primary national TV stations, fell victim to a significant cyberattack on Monday, allegedly orchestrated by Ukrainian hackers, Reuters reported. Early reports…
Fintechs drive $138m funding for African startups in September – Report
African startups in September announced a total of $138 million in funding, which included equity, debt, and grants. This is according to the latest report by Africa: The Big Deal,…
Ivory Coast seizes 33 trucks transporting smuggled cocoa beans
Ivory Coast's Coffee and Cocoa Council has seized 33 trucks transporting approximately 1,100 tonnes of smuggled cocoa beans across the border from Guinea, according to sources. The rise in cocoa…
Spotify raises premium subscription prices by over 40%
Online audio streaming platform Spotify has announced a significant price increase for its Premium subscribers, raising fees by more than 40%. Starting in November, the monthly cost for the Premium…
Criminal networks use Telegram for illegal activities – UN
Criminal networks from Southeast Asia are extensively utilizing the messaging app Telegram, fundamentally changing the landscape of organized crime, according to a report released by the United Nations on Monday.…
Oil nears $80 mark amid Middle East tensions
Oil prices continued their upward trajectory on Monday, with Brent crude nearing the $80 mark as concerns over a potential escalation of conflict in the Middle East fueled fears of…
FG seeks 30% advance payment from NLNG for Bodo-Bonny road
The Federal Government has proposed a 30% advance payment from Nigeria LNG to expedite the Bodo-Bonny road project in Rivers State. This initiative follows the Federal Executive Council's approval to…
Indian authorities investigate WazirX over $235m crypto heist
India's largest cryptocurrency exchange, WazirX, is under investigation by Indian authorities in connection with a significant hack that resulted in the loss of $235 million in customer funds. The incident,…
Access Bank secures license to establish operations in Namibia
Access Bank has received a provisional license from regulatory authorities in Namibia to set up a bank in the Southern African nation. The announcement was made in a statement to…
Seplat Energy gains 20% as bullish momentum returns in October
Seplat Energy's stock experienced a remarkable gain of over 20% in the first week of October, buoyed by renewed bullish momentum that began in late September after a period of…
NNPC dividends to FG drop from $11.9bn to $1.83bn – Report
Dividends from the Nigerian National Petroleum Company Limited to the federation account have sharply declined from $11.9 billion to $1. 83 billion following the full implementation of the Petroleum Industry…
FG’s deep-water investment plan faces mixed reactions amid $82bn exodus
In a bid to revitalise the struggling oil and gas sector, the federal government has approved a comprehensive tax relief package aimed at attracting investment in deep-water operations. This initiative…
