Author: News Room

Indigenous energy company, Seplat Energy Plc, has revealed that it had commenced legal proceedings against its co-founder, Dr Ambrose Orjiako and a consultancy firm, Amaze Limited. In a statement signed by the Board chairman, Basil Omiyi, on Thursday, the company said that the consultancy agreement with the firm has also been terminated. The company accused the co-founder through Amaze Limited of “unilaterally making significant commitments on Seplat’s letterhead… Read the full article here

Executive Director of Corporate Accountability and Public Participation Africa, Akinbode Oluwafemi, has called on the government, relevant authorities and stakeholders in the water industry, to push efforts towards making water available through public ownership. According to the director, privatisation of water in Nigeria is a threat at all levels. He observed that “for four consecutive years, we have wrestled against the private capture of our public water… Read the full article here

Cristiano Ronaldo broke the men’s international appearance record on Thursday by starting Portugal’s Euro 2024 qualifier against Liechtenstein. The 38-year-old, who was dropped from the Portuguese starting XI during the World Cup in Qatar last year, won a 197th cap for his country. “Records are my motivation,” Ronaldo told reporters on Wednesday. “I want to become the most capped player in history. That would make me proud. “But… Read the full article here

As Nigeria prepares for a new administration come May 29, 2023, educators in the basic education sector have advised the Federal Government to prioritise, invest, and reduce corruption in basic education. An educator, Peter Dugbo, in an interview with The PUNCH counselled that the new government should increase funding for education, improve teachers’ training and Read More Read the full article here

Humans are social beings, and since time immemorial we have sought ways to deepen our connection with others. Since the advent of social media, this connection has grown as a lot of our conversations have gone online. Social media is now a part of our social fabric. According to Mcafee, over 56 per cent of the global population are social media users to some degree or other. With all the sharing, conversing, and information passing between family and friends going… Read the full article here

ANOZIE EGOLE writes on how inconsistent government policies, and bureaucratic bottlenecks among others are driving Nigerian freight forwarders to other climes in search of greener pastures It is no longer news that the numerous bottlenecks in the nation’s maritime domain ranging from policy inconsistency, extortion, traffic gridlock, and hike in the exchange rate are making the freight forwarding profession in Nigeria less attractive. Neither is it news that a lot… Read the full article here

Daniil Medvedev says one defeat against Carlos Alcaraz is not enough for him to rethink his tactical approach – but a second could force his hand.Medvedev saw his 19-match winning run ended in the Indian Wells final by Alcaraz, who replaced Novak Djokovic as world No. 1 with the victory.Alcaraz took advantage of Medvedev’s deep court positioning, especially on service returns, with serve-and-volley attempts and plenty of drop shots.TennisATP Tour 2024 calendar: When are the Olympics?… Read the full article here

TikTok’s CEO, Shou Zi Chew, seemed to arrive at the Capitol well-prepared.Taking his seat before dozens of House Energy and Commerce Committee members Thursday, he opened a packet of notes, diligently indexed with sticky notes. In the packet, there appeared to be a sheet matching the names and faces of the lawmakers preparing to question him — many of whom had already made up their minds over whether the app was safe for Americans.“Your platform should be banned,” Chair Cathy… Read the full article here

Do Kwon, the South Korean crypto entrepreneur behind the $40bn implosion of terraUSD and luna digital tokens last year, has been charged in the US with fraud, hours after he was arrested in Montenegro.In a 12-page indictment revealed on Thursday, US prosecutors accused Kwon of defrauding crypto customers by “deceiving those individuals about aspects of the Terra blockchain, including its technology and the extent to which it had been adopted by users”.Kwon, who faces eight… Read the full article here

During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It was a way for people to maintain their financial freedom and privacy in a system that had let them down. However, the rise of central bank digital currencies (CBDCs) raises serious concerns about privacy and freedom.One of the most significant concerns with CBDCs is the death of anonymity. Currently, cash… Read the full article here