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Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin tumbles amid rising Middle East tensions

Bitcoin and other cryptocurrencies tumbled after Israel launched airstrikes on Iran, escalating regional tensions. The leading digital asset fell as much as 3% early Friday in Singapore, slipping below US$103,000, while smaller tokens posted even steeper losses, Bloomberg data showed. Second-ranked cryptocurrency Ether slumped as much as 6.9% following reports of explosions in Tehran, local […]

featured

Oil prices surge by 13% after Israeli strikes on Iran

Crude futures spiked as much as 13 per cent Thursday evening after Israel launched airstrikes on Iran without United States backing, raising fears of supply disruptions in the oil-rich Middle East As of 07:17 a.m. London time, global benchmark Brent crude for August delivery had surged 7.05 per cent to $74.25 per barrel, while U.S. […]

Tech

Google Cloud outage disrupts Spotify, Discord for tens of thousands

Tens of thousands of users were affected on Thursday as several major platforms, including Spotify and Discord, went down following an outage at Google Cloud, a division of Alphabet Inc. Google acknowledged on its status page that several of its services were experiencing varying degrees of disruption. “Our engineers are continuing to mitigate the issue […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
News

Tinubu unveils plan to revolutionise agriculture 

President Bola Tinubu announced a sweeping initiative to transform Nigeria’s agricultural sector, aiming to enhance food production, attract investment, and create jobs. Speaking at the National Assembly during his Democracy Day address on Thursday, Tinubu outlined a strategic vision to make farming a cornerstone of economic growth. He stated that his administration is committed to […]

Aviation

Air India Boeing 787 crashes after takeoff, dozens killed

An Air India Boeing 787 Dreamliner crashed shortly after takeoff from Ahmedabad on Thursday, killing dozens and injuring many in a residential area near the airport. The aircraft, bound for London’s Gatwick Airport with 242 passengers and crew onboard, struck a medical college hostel, causing significant damage, according to Reuters. The 787 Dreamliner, a flagship […]

Business

NNPCL targets four FIDs by 2025, posts N5.89tn revenue

The Nigerian National Petroleum Company Limited is poised to make major investment commitments this year, with four key Final Investment Decisions anticipated before the close of 2025. This development was announced in the “NNPC Monthly Report Summary for April 2025,” shared via the company’s official X (formerly Twitter) handle on Thursday. By the fourth quarter […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
featured

Dangote to step down as Dangote Sugar chair after 20 years

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16, ending a 20-year tenure at the top of one of Nigeria’s largest sugar producers. The announcement was made in a statement by the company’s secretary, Temitope Hassan, who described the move as part of a […]

Binance opens crypto trading to Syrians after US lifts sanctions
News

Binance opens crypto trading to Syrians after US lifts sanctions

Binance, the world’s largest cryptocurrency exchange, has announced that users in Syria will now be able to trade digital assets on its platform. The decision follows the United States’ move last month to lift long-standing economic sanctions on the country. In a statement released Thursday, Binance confirmed that Syrian users will gain full access to […]

News

Meta, TikTok challenge EU tech fee in court

Tech giants Meta and TikTok took their dispute with European regulators to the General Court of the European Union on Wednesday, arguing that a supervisory fee imposed under the Digital Services Act is unfair, disproportionate, and based on flawed calculations. The DSA, which came into force in 2022, imposes an annual supervisory fee of 0.05% […]

Trump unveils website for $5m 'Golden Visa' program
News

Trump unveils website for $5m ‘Golden Visa’ program

President Donald Trump has launched an official website for his proposed “$5 million golden visa” program, opening a waiting list for wealthy foreigners seeking expedited U.S. residency. The new portal, TrumpCard.gov, invites interested applicants to register by submitting their names, preferred visa type, and email address under the slogan, “The Trump Card is Coming.” “Thousands […]

Disney, Universal sue AI firm Midjourney over alleged copyright infringement
News

Disney, Universal sue AI firm Midjourney over alleged copyright infringement

Entertainment giants Disney and Universal have filed a federal lawsuit against artificial intelligence company Midjourney, accusing it of unlawfully replicating their iconic characters using AI technology. The case, lodged in a Los Angeles federal court, claims that Midjourney’s AI image generator produces unauthorized likenesses of well-known characters, including Darth Vader from Star Wars, Elsa from […]