Author: News Room

Nearly every Linux distribution released since 2017 is currently vulnerable to a security bug called “Copy Fail” that allows any user to give themselves administrator privileges. The exploit, publicly disclosed as CVE-2026-31431 on Wednesday, uses a Python script that works across all of the vulnerable Linux distributions, requiring “no per-distro offsets, no version checks, no recompilation,” according to Theori, the security firm that uncovered it.Ars Technica points out this blog post where DevOps engineer Jorijn Schrijvershof explains that what makes Copy Fail “unusually nasty” is the likelihood for it to go unnoticed by monitoring tools: “Page-cache corruption never marks the…

Historically, crypto markets have been driven by a dominant narrative. Not today. In one corner, miners are trying to break free of four-year cycles. IREN is being recast as an AI infrastructure company, with analysts pointing to data centers and compute demand as the real growth engine. In another corner, BitMine is doing the exact opposite, pouring billions deeper into Ether (ETH) even as losses mount. The disconnect doesn’t stop there. Stablecoin balances have ballooned to over $300 billion, yet activity has dropped sharply. It reflects capital waiting, with no clear consensus on what comes next.Meanwhile, institutions are building a parallel track.…

Meryl Streep made a rare comment about her life as a grandma. The Devil Wears Prada 2 star, 76, has six grandchildren under the age of 10, but she doesn’t necessarily identify as a “cool grandma,” she shared on the Thursday, April 30, episode of Jimmy Kimmel Live! “I don’t know,” Streep responded to host Jimmy Kimmel when he asked whether the kids think she is cool. “I think I’m a little like Miranda Priestly as a grandma. Because I like the rules, dear,” the Oscar winner quipped, referring to her taciturn magazine editor character in the Devil Wears Prada…

Investors traded a total of 4.842 billion shares valued at N287.756 billion in 332,453 deals on the Nigerian Exchange Ltd. (NGX) this week. This represents an increase from 3.805 billion shares worth N213.955 billion exchanged in 297,202 deals in the previous week, indicating growth in volume, value and number of transactions. The market operated for four trading days during the week, following the Federal Government’s declaration of May 1 as a public holiday to mark Workers’ Day. Analysis of trading showed that the financial services industry led the activity chart with 3.755 billion shares valued at N124.398 billion traded in…

Eterna Plc has reported a strong start to 2026, posting first-quarter results that highlight resilience and strategic focus in Nigeria’s competitive downstream oil and gas sector. In its unaudited results for the period ended March 31, 2026, the company recorded revenue of ₦70.45 billion, driven by improved performance across core segments. Managing Director and Chief Executive Officer Olumide Adeosun disclosed the results in Lagos on Friday, attributing the performance to efficiency, cost discipline and targeted growth strategies. Mr Adeosun said profitability remained solid, with profit before tax rising to N1.65 billion, while profit after tax stood at N1.38 billion. He…

In 1850, if you had a fever, you visited an apothecary. They were masters of bespoke creation. They didn’t just sell medicine; they formulated it — grinding willow bark, distilling tinctures, and hand-rolling pills based on individual symptoms. They held the “secret sauce” of chemistry in their hands. Then came the steam-powered pill press. Within a few decades, companies like Bayer and Pfizer could mass-produce standardised aspirin. But the transformation wasn’t the overnight extinction story we often imagine. Many apothecaries adapted successfully. Some became the pharmacists who interpreted physicians’ prescriptions and counselled patients on drug interactions — a consultative role…

The Nigerian Medical Association (NMA), Lagos State Branch, has rejected a recent Federal High Court ruling affirming the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate alleged medical negligence at the Lifebridge Medical Diagnostic Centre Limited. The association said it would challenge the judgement, warning that it could create regulatory conflicts and undermine the practice of medicine in Nigeria. The position was contained in a statement signed by Babajide Saheed, following a court ruling by Emeka Nwite in Abuja on 15 April. ‘Contrary to existing laws’ Mr Saheed said the judgement contradicts established legal provisions that…

Africa’s next food crisis may not begin on the farm, but in a distant shipping lane. With the Iran war, international attention has focused on oil flows through the Strait of Hormuz and related shortages or price spikes in energy and fuel. Less visible is another vulnerability moving through the same corridor: the fertilisers underpinning global food production. Fertiliser supply disruptions feed directly into food prices and agricultural output, and most African countries have high import volumes and are ill-positioned to absorb the shock. Domestic production in Africa is insufficient to meet the growing demand. Production capacity exists in parts…

Nigerian actor and filmmaker Daniel Effiong has recounted how his father, Lt. Col. Moses Effiong (retd.), was arrested and tried over alleged links to the 1986 Vatsa coup plot against former military president Ibrahim Babangida. Speaking in a recent interview on the “Diary of a Naija Girl” podcast, the actor said he was just one year old when the military authorities arrested his father for alleged involvement in an attempt to overthrow the government. He added that the authorities accused his father of treasonable offences connected to the coup plot against Mr Babangida, who had earlier taken power from the…

The Nigeria Olympic Committee (NOC) has commissioned the Olympafrica Centre in Amuwo Odofin, Lagos. The NOC also broke ground for the long-anticipated Olympic Estate, marking a significant step in the development of grassroots sports and integrated sports infrastructure in Nigeria. The dual event, performed by National Sports Commission (NSC) Chairman Shehu Dikko, represents the culmination of decades of planning on a 6.7-hectare parcel of land allocated to the NOC by the Lagos State Government in 1990. While the centre had informally served the local community for years, its formal unveiling signals a renewed commitment to structured sports development. Speaking at…