Researchers have discovered unknown persons are using bitcoin’s blockchain to store and link to child abuse imagery, potentially putting the cryptocurrency in jeopardy. The blockchain is the open-source, distributed ledger that records every bitcoin transaction, but can also store small bits of non-financial data. This data is typically notes about the trade of bitcoin, recording […]
There are indications that the Office of the Attorney General of Switzerland (OAG) may have blocked various bank accounts in Switzerland belonging to Nigerians and other suspected fraudsters over an alleged oil bribery scheme linked to Nigeria, Swiss Info reports. Executives from oil giants Shell and Eni are due to stand trial in Milan, Italy, […]
The Nigerian Electricity Regulatory Commission (NERC) has barred all the electricity Distribution Companies (DisCos), its core investors, subsidiaries, directors and affiliates from holding any shares in the new Meter Asset Providers (MAP) companies, Daily Trust reports. The directive is contained in the MAP Regulation 2018, which grants a 15-year license to Meter Asset Providers (MAP) […]
– Angola’s state oil company offered a number of May-loading cargoes on Tuesday while Nigerian differentials remained under pressure from ample supply. ANGOLA * State oil company Songanol offered at least five cargoes on Tuesday, including Dalia at dated Brent minus 75 cents, Hungo at dated minus 40 cents, Saturno at dated minus 65 cents, […]
The National Drugs Law Enforcement Agency (NDLEA) has arrested a trailer loaded with 24,000 bottles of cough syrups containing codeine in Funtua local government area of Katsina State. The NDLEA State Commandant, Hajiya Maryam Gambo Sani disclosed this during a press briefing to newsmen on Tuesday in Katsina. She said that six persons were arrested […]
US President Donald Trump on Monday made a controversial call for drug traffickers to face the death penalty, as part of his plan to combat America’s opioid epidemic — a move that appears to be as much about politics as policy. The call also appears to be getting a buy in from governments around the […]
Facebook shares plunged Monday as the social media giant faced an onslaught of criticism at home and abroad over revelations that a firm working for Donald Trump’s presidential campaign harvested and misused data on 50 million members. On Wall Street, Facebook shares skidded 6.8 percent amid concerns about pressure for new regulations that could hurt […]
A student pilot forced-landed a Diamond 40 Trainer Aircraft on the outskirts of Kaduna, while on a solo mission, as part of flying training at the 401 Flying Training School, Kaduna, the Nigerian Air Force said on Monday. Spokesperson for the Air Force, AVM Olatokunbo Adesanya who disclosed this in a statement said: “The incident, […]
The Nigerian Stock Exchange (NSE) opened for the week on Monday on a downward trend with investors’ net worth dropping by 0.21 per cent due to unstable economic environment. The News Agency of Nigeria (NAN) reports that the All-Share Index lost 90 points or 0.21 per cent to close at 41,845.90 compared with 41,935.90 achieved […]
Nigeria has pulled out of signing a continental trade deal just days before it is due to be launched in the Rwandan capital, Kigali. The African Continental Free Trade Area Treaty would remove trade barriers and eventually allow free movement, creating a common market across the continent – much like the European Union. But Nigerian […]