Bybit Crypto Exchange Hacked in $1.5 Billion Cyber Heist
Bybit, one of the world’s major cryptocurrency exchanges, has confirmed it was targeted in a sophisticated cyberattack, resulting in the theft of approximately $1.5 billion worth of digital assets. The incident marks one of the largest crypto thefts in history. In a statement released Friday, Bybit revealed that a routine Ethereum transfer between digital wallets […]
Nigeria Can Achieve 2.5 Million Daily Crude Oil Production – Elumelu
Nigeria’s ambition to produce 2.5 million barrels of crude oil per day is achievable through a collaborative effort among key stakeholders in the oil and gas sector, says Tony Elumelu, Chairman of Heirs Energies. Speaking at the Leadership Forum 2025, which focused on Nigeria’s petroleum industry leadership, Elumelu emphasized the importance of increased crude oil […]
FG Bows to Pressure, Reduces Telecom Tariff Hike to 35%
The Federal Government has scaled down the recent increase in telecommunications tariffs from 50% to 35% following intense pressure from organized labour and the public. The decision was reached during a meeting between government officials and representatives of the Nigerian Labour Congress (NLC) at the office of the National Security Adviser (NSA) on Friday. The […]
Akpabio: Real Estate Reforms Key to Nigeria’s Economic Growth
Senate President Godswill Akpabio has underscored the vital role of real estate reforms in driving Nigeria’s economic growth, calling for strategic policies, transparent land administration, and sustainable infrastructure development. Speaking in Lagos on Friday during his investiture as a Fellow of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Akpabio emphasized that the real […]
House Committee Reviews 250 Bills for Constitutional Amendment – Kalu
Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu, has revealed that the constitutional review committee has received over 250 bills seeking amendments to the 1999 Constitution of Nigeria. Speaking in Abuja on Wednesday ahead of a two-day retreat for the committee in Ikot Ekpene, Akwa Ibom State, Kalu stated that the bills […]
Peter Obi: Nigeria Worse Off Than in IBB’s Era
Peter Obi, the 2023 presidential candidate of the Labour Party (LP), has lamented Nigeria’s regression since former military president Ibrahim Badamasi Babangida (IBB) left office in 1992. In a statement on his X handle, Obi reacted to the launch of Babangida’s autobiography, A Journey in Service, where he acknowledged IBB’s contributions to Nigeria’s economy, particularly in […]
Brazilian Supreme Court Fines Elon Musk’s X $1.42 Million for Defying Court Orders
Brazil’s Supreme Court has ordered social media platform X, owned by billionaire Elon Musk, to pay a fine of 8.1 million reais ($1.42 million) for failing to comply with judicial directives, according to a ruling made public on Thursday. The penalty stems from a legal case last year, in which the Supreme Court mandated X […]
EU to Boost U.S. Gas Imports and Accelerate Renewables to Cut Russian Energy Dependence
The European Union plans to increase natural gas imports from the United States and other suppliers while accelerating its shift to renewable energy, as part of efforts to end reliance on Russian fossil fuels, EU Energy Commissioner Dan Jorgensen announced. Speaking in a joint media interview, Jorgensen stressed the urgency of cutting payments to Russia […]
Sri Lankan Gang Leader Assassinated in Courtroom by Gunman Disguised as Lawyer
A notorious gang leader, Sanjeewa Kumara Samararathne, was shot and killed inside a Colombo courthouse on Wednesday by a gunman disguised as a lawyer, in an attack that has deepened concerns over Sri Lanka’s escalating gang violence. According to police, the shooter used a revolver smuggled into the courtroom inside a hollowed-out book, brought in […]
Gov. Hochul Declines to Remove Mayor Eric Adams, Announces Oversight Measures Instead
New York Gov. Kathy Hochul announced Wednesday that she will not pursue proceedings to remove Mayor Eric Adams from office, emphasizing the will of the voters and the sanctity of democratic elections. At a press conference, Hochul stated: “My strong belief is that the will of the voters and the supremacy and sanctity of democratic […]
