Lego website targeted by cryptocurrency scam
Visitors to Lego's website on the evening of October 4 were met with a banner featuring golden coins and a message announcing the launch of a "Lego coin" along with…
X still offline in Brazil as company pays fine to wrong account
Despite complying with the Brazilian Supreme Court's demands, X remains offline in Brazil. According to Reuters, the delay is partly due to the company paying its fines to the wrong…
Naira-for-crude initiative kicked off October 1 — Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the sale of crude oil and refined petroleum products in naira officially commenced on October…
October 5, 2024
The Central Bank of Nigeria has mandated all Deposit Money Banks and foreign exchange market participants to submit compliance reports regarding the FX Code by December 31, 2024. This initiative…
Nigeria’s space capabilities set to achieve global recognition – NASRDA
The National Space Research and Development Agency has announced its ambitious goal to enhance Nigeria's recognition in the global space sector. It also reaffirmed the agency's committed to positioning Nigeria…
CBN sells $543.5m in FX to authorized banks over 11 days
The Central Bank of Nigeria sold a total of $543.5 million at rates of N1,540 and N1,580 to authorized dealer banks between September 6 and September 30, 2024. This transaction…
Meta unveils AI video generator to tackle OpenAI
Meta has announced the launch of its new AI model, Movie Gen, on Friday, a technology designed to generate realistic video and audio clips based on user prompts. The company…
Ireland launches investigation into Ryanair’s facial recognition practices
Ireland's Data Protection Commissioner has initiated an EU-wide investigation into Ryanair's use of facial recognition technology for verifying customer identities on certain third-party websites. The probe follows multiple complaints from…
Coinbase to delist certain stablecoins ahead of regulatory changes
Coinbase announced on Friday that it will delist specific stablecoins in the European Economic Area by the end of this year, as the cryptocurrency exchange prepares for stricter regulations in…
Kano pilot flies first Emirates plane into Nigeria after two-year hiatus
Tuesday marked a significant milestone for Nigeria's aviation sector as Emirates Airlines made its return to Murtala Muhammed International Airport in Lagos after a two-year hiatus. Notably, the flight was…
Meta updates Facebook to woo Gen Zs, young adults
Facebook, once synonymous with social networking for parents and grandparents, is taking steps to attract younger users, head of Facebook at Meta Tom Alison said. Alison emphasized that while the…
UAE grants Nigeria full access to airports – Keyamo
Nigeria's Minister of Aviation, Festus Keyamo, has announced a new Bilateral Air Service Agreement with the United Arab Emirates, granting Nigerian airlines full access to all UAE airports In return,…
