Idris Dayo Mustapha aka Drizzle Lomo, a British-Nigerian singer, has pleaded guilty in New York for his involvement in a sophisticated hacking scheme spanning over seven years. This scheme targeted banks and brokerages, resulting in over $6 million in losses for customers. At a hearing presided over by U.S. District Judge Pamela Chen in Brooklyn, Read More…
Since Pope Francis’s influential 2015 encyclical on environmental stewardship, urging a departure from fossil fuels to combat climate change, hundreds of Catholic institutions worldwide have committed to divesting from oil, gas, and coal. However, despite this global trend, U.S. dioceses remain resolute in retaining their investments in fossil fuel assets. According to a Reuters review Read More…
The Lagos State Government, represented by its Consumer Protection Agency (LASCOPA), has officially declared Nagiko Tomato safe for consumption, dispelling concerns about its quality. According to Mr. Afolabi Solebo, the General Manager of LASCOPA, the product poses no health risks to the public. This affirmation contradicts assertions made by Mrs. Chioma Egodi on Facebook regarding Read More…
Mrs. Violet Williams, a maritime expert, launched her book titled ‘Some Career Opportunities in the Marine and Blue Economy Workplace’ with the aim of guiding students to explore the vast job prospects within the sector. The unveiling took place during the Ocean Ambassadors Foundation (OAF) fifth Educators and Maritime Stakeholders Lecture and Award, alongside the Read More…
The Advertising Regulatory Council of Nigeria (ARCON) welcomed Dr. Olalekan Fadolapo, the Director-General, and 37 other accomplished individuals into its esteemed Fellowship during a ceremony held in Lagos. This elite group comprises eminent figures from the advertising and marketing communication industry, recognised for their unwavering commitment and dedication in advancing the realms of advertising and Read More…
Nigeria, alongside the United States, Britain, and 15 other nations, revealed an international pact aimed at ensuring the safety of artificial intelligence (AI) from malicious use. Emphasising the need for AI systems to be “secure by design,” the 20-page document focuses on urging companies involved in AI development and utilisation to prioritise public and customer Read More…
Finance Minister Olawale Edun announced the Federal Executive Council’s (FEC) approval of a $1 billion concessional loan from the African Development Bank (AfDB) aimed at bolstering the budget and enhancing foreign exchange reserves. Edun revealed the loan details, citing a 4.2% interest rate over 25 years with an eight-year moratorium, following a cabinet meeting in Read More…
Olayemi Cardoso, the newly appointed governor of Nigeria’s central bank, announced plans to implement tighter monetary policies in the next two quarters to manage inflation while urging banks to bolster their capital to support economic growth. Addressing immediate challenges such as curbing excess liquidity and combating inflation, Cardoso emphasised a shift from direct fiscal interventions Read More…
The Minister of Marine & Blue Economy, Mr. Adegboyega Oyetola, has called upon heads of agencies within the ministry to diligently pursue the objectives outlined in the Performance Bond he signed with President Bola Tinubu. In a statement released in Lagos on Wednesday, Oyetola emphasised the significance of executing the performance bond, alongside completing vital Read More…
According to Mr. Olumide Balogun, the Country Director of Google West Africa, the recent Google Hustle Academy graduation in Abuja was a celebration not just of 5,300 graduates but also of the significant empowerment provided to 10,000 businesses across Africa, including 4,400 in Nigeria. Balogun emphasized that the fund, comprising financial aid, mentorship, and business Read More…
