Author: News Room

Britain’s Home Secretary, Suella Braverman, arrived in Rwanda on Saturday for a visit aimed at reinforcing the government’s commitment to its controversial agreement with Kigali to deport some asylum-seekers to the African country. After meetings with officials, she toured a construction training academy in the capital, Kigali, where she spoke to graduates of a training course which will be offered to refugees. Braverman said the UK government was excited about the partnership with Rwanda which she said would be “creating a vibrant community here, to be a positive, secure, beautiful haven and home for many thousands of people.” “And I’m…

UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators to safeguard the country’s banking system and attempt to prevent a crisis spreading across global markets. The historic deal follows five days in which the Swiss establishment raced to end a deepening crisis at Credit Suisse that threatened to topple the country’s second-largest lender.An emergency SFr50bn ($54bn) credit line provided by the Swiss National Bank on Wednesday failed to arrest a steep decline in the bank’s share price, which was exacerbated by wider market turmoil caused by the sudden collapse earlier this…

The FBI has arrested the person allegedly in charge of the BreachForums online hacking community, as reported earlier by Krebs on Security and Bleeping Computer. Conor Brian Fitzpatrick, also known online as “Pompompurin,” was arrested at his New York home on Wednesday and charged with conspiracy to commit access device fraud, according to a pair of court filings.In a sworn statement, the FBI agent involved in the case claims Fitzpatrick admitted to owning BreachForums at the time of his arrest and identified himself as Pompompurin. Pompompurin created BreachForums after the FBI seized RaidForums, a similar hacking site that also sold…

New research undertaken by American and Chinese researchers may pave the way for safer opioid painkillers, thanks to the use of cryo-electron microscopy (cryo-EM) to examine the detailed structures of opioid receptors.By analyzing the connections between these receptors and their natural peptide partners, the researchers hope to inspire the development of peptide-based or peptide-inspired medications with fewer severe side effects.This research could revolutionize pain management by mitigating risks such as addiction, numbness, and potentially fatal breathing problems associated with current opioid medications.Opioids alleviate pain by imitating a natural pain-relief process in our nervous system.They are the most effective and powerful…

Family forever! While Chris Hemsworth and Elsa Pataky’s whirlwind romance was always something special, their relationship continued to bloom after they welcomed their three children. The Marvel star and the model tied the knot in 2010 after less than a year of dating. Two years later, they became a family of three with the birth of their daughter, India, in May 2012. Prior to welcoming their baby girl, Pataky accompanied her husband on the red carpet for The Avengers’ U.K. premiere, where he sweetly rubbed her baby bump. “She’s so proud of Chris and he’s proud of her,” a source told Us Weekly…

A dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend. The dispute centers on the company’s plans to launch a token. On March 19, pseudonymous developer at DefiLlama 0xngmi announced the firm’s team was forking the platform, which was “undergoing a hostile takeover”, accusing DefiLlama’s founders of launching a token without its employees’ support. The DefiLlama team is forking Defillama@Defillama is undergoing a hostile takeoverThere is an ongoing attempt to launch a token that does not represent us. We don’t want to be associated…

The Coroner inquest set up to investigate the cause of death of Whitney Adeniran, a 12-year-old student of Chrisland school, has fixed 4 April for the commencement of the hearing. Magistrate Olabisi Fajana announced the adjournment on Monday during the sitting at Ogba Magistrate Court, Lagos. The counsel to the deceased family, Femi Falana, a Senior Advocate of Nigeria (SAN), informed the court that he could not file a witness statement as instructed by the court. Mr Falana added that the Magistrate Registry refused to process the enrolment because there was no provision for filing of coroner processes. The counsel…

Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola Election petitions have become a preoccupation of judges in Nigeria and around Africa and a defining process in public perception of the courts. In the past, they provided moments of high forensic and judicial drama. Increasingly, however, they have become performative rituals for sanctifying electoral burglary and celebrating judicial capture. The beneficiaries are the burglars and the judges. This week, the opening salvo will be fired to signal the onset of the final round of voting in Nigeria’s electoral marathon. This is not a reference to the state-level ballots that occurred around…

FCMB Group Plc (“FCMB Group” or “the Group”) has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (“the Series I Bond” or “the AT1” or “the Instrument”) under its N300,000,000,000 Debt Issuance Programme. The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the Group’s maiden issuance of its N300 billion funding programme in the Nigerian Capital Markets to support its next phase of growth. The book build commenced on January 24, 2023, and closed on February 3, 2023. The offer was well…

Governor Abdulrahman Abdulrazaq of Kwara State, says he is dedicating the victory of his reelection as governor of the state for the second term to God and the people of the state. Reacting to his second term victory in Ilorin on Sunday following the announcement by the Independent National Electoral Commission’s Returning Officer, Vice-Chancellor, University of Agriculture, Markudi, Benue state, Professor Isaac Itodo, the governor, said the victory recorded by the APC, underscored the desire of the citizens to continue along the path of positive progress Kwara had recorded over the past years. “This victory is truly humbling and we…