The Cryptic Ties: Investigating the Missing Cryptoqueen’s Connections to the Bulgarian Underworld
In September 2019, a BBC podcast embarked on the gripping story of Ruja Ignatova, a Bulgarian woman accused by the FBI of defrauding investors of $4.5 billion through a counterfeit cryptocurrency scheme known as OneCoin, before mysteriously disappearing. Now, our investigation aims to uncover her fate. Collaborating with BBC Eye Investigations and Panorama, we delve […]
OPEC+ Expected to Extend Oil Cuts Through 2024 and Into 2025
OPEC+ is expected to agree on Sunday to extend its significant oil output cuts into 2024, and possibly 2025, according to two OPEC+ sources. The decision aims to stabilize the market in the face of weak global demand growth, high interest rates, and increasing U.S. production. Currently, oil prices hover around $80 per barrel, which […]
NGOs Sue Governor Peter Mbah Over Ogige Nsukka Market Demolition
Two non-governmental organizations, the Registered Trustees of Law Hub Development and Advocacy Centre and the Registered Trustees of Ositadimma Okoro Empowerment Foundation, have filed a lawsuit against Governor Peter Mbah of Enugu State over the demolition of the Ogige Nsukka Market. The lawsuit, filed in the High Court sitting in Nsukka under suit number N/73/2024, […]
Binance Executive Slumps During Trial at Federal High Court
The trial of Tigran Gambaryan, a detained executive of Binance, took a dramatic turn at the Federal High Court in Abuja when the defendant slumped in court on Thursday. As proceedings resumed, Gambaryan failed to enter the dock when called upon by the court registrar for the continuation of the trial, remaining seated at the […]
DOJ and State AGs Take on Live Nation in Competition Lawsuit
The US Justice Department (DOJ) is preparing to file a competition lawsuit against entertainment giant Live Nation, potentially as early as Thursday, according to multiple sources familiar with the matter who spoke to CBS News, the BBC’s US partner. Prosecutors are expected to challenge the business practices of Live Nation, the parent company of Ticketmaster. […]
CBN Withdraws Controversial 0.5% Cybersecurity Levy
The Central Bank of Nigeria (CBN) has retracted its earlier directive mandating a 0.5% cybersecurity levy on electronic transactions, following widespread public discontent and government intervention. The initial policy, introduced via a circular on May 6, 2024, instructed all deposit money banks, mobile money operators, and payment service providers to deduct the levy and remit […]
Dangote Refinery to End Nigeria’s Fuel Imports by June
Aliko Dangote, Chairman of the Dangote Group, announced that Nigeria will no longer need to import premium motor spirit (PMS) by next month, thanks to the Dangote Refinery’s plans. Speaking at the Africa CEO Forum Annual Summit in Kigali, Dangote revealed that the refinery has already started supplying diesel and aviation fuel within Nigeria and […]
Federal High Court Denies Bail to Binance Executive Tigran Gambaryan
Justice Emeka Nwite of the Federal High Court in Abuja has refused to grant bail to Tigran Gambaryan, an executive of Binance Holdings Limited, on the grounds that he is likely to jump bail. Gambaryan and Binance were arraigned on a five-count charge of money laundering. The defendants pleaded not guilty. Defense counsel Mark Mordi […]
Emirates Airlines to Resume Flights to Nigeria on October 1, 2024
Emirates Airlines has announced it will resume daily flights between Lagos and Dubai starting October 1, 2024. This service will be operated using a Boeing 777-300ER aircraft. Adnan Kazim, Emirates’ Deputy President and Chief Commercial Officer, expressed the airline’s enthusiasm for resuming operations in Nigeria. “We are excited to resume our services to Nigeria.” The […]
Again, Internet Connectivity Disrupted Across East Africa Due to Sub-Sea Cable Cut
Internet connectivity suffered a significant setback across several East African nations on Sunday, attributed to faults detected in the East African Submarine Cable System (EASSy) and SEACOM cables, as reported by Internet monitoring groups NetBlocks and Cloudflare. NetBlocks, in a post on X, detailed the impact, indicating that Tanzania and the French Island of Mayotte […]
