Author: News Room

South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country’s Personal Information Protection Commission (PIPC) said that its investigation into Bithumb found that the exchange had “transferred personal information overseas without the separate consent of the data subjects during the process of order book sharing and virtual asset transfer with overseas virtual asset exchanges.” The incident was connected to Bithumb sharing its Tether (USDT) order books between September and November 2025 with BingX, despite obtaining consent…

Luxury home buyers are quietly rewriting the rules on what a house should smell like. Plug-in air fresheners and scented candles are losing ground to HVAC-integrated systems that pipe fragrance through a home’s ductwork, and the price tag is no longer a curiosity. A whole-home scent diffuser can run several hundred to several thousand dollars installed, which is why anyone weighing the upgrade should understand what a home scent system actually delivers and where the trade-offs sit. How a Whole-Home Scent Diffuser Works A whole-home scent diffuser ties into a home’s existing air conditioning system and releases fragrance into the…

A Children, Sexual and Gender-based Violence Offences Court in Awka on Thursday remanded a couple over allegations of child abuse and the attempted murder of an 11-year-old boy in Anambra State. The photograph of the victim, whose body is covered in wounds, has been trending on social media for more than a week. The News Agency of Nigeria reports that the inhumane treatment of the minor attracted the attention of Nonye Soludo, the wife of the Anambra governor, among others. The defendants, Chukwudi Chukwuyere, 40, and his wife, Chisom Chukwuyere, 30, are facing a two-count charge of conspiracy and attempted…

The Lagos State Electricity Regulatory Commission has said electricity supply licensees cannot recover charges that are more than 12 months old. The commission disclosed this in a consumer awareness message published on its official social media platform as part of efforts to enlighten electricity consumers on their rights. According to LASERC, consumers should not be made to pay charges older than 12 months except in cases involving meter tampering, illegal use of electricity, or obstruction of meter reading. “Electricity supply licensees cannot recover charges older than 12 months, except in cases of meter tampering, illegal use, and obstruction of meter…

The Ogun State Police Command has disclosed that the prime suspect in the alleged killing of an ex-OGTV broadcaster, Kitan Oyesiku, and her guard, Pelumi Adetayo, said he allegedly orchestrated the plan to “teach her a lesson.” The state Commissioner of Police, Bode Ojajuni, disclosed this on Thursday during a press briefing held at the command’s headquarters, Eleweran, Abeokuta. PUNCH Metro had earlier reported that the command commenced an investigation into the deaths after a resident raised an alarm over suspicious activities at the deceased’s residence. Our correspondent had gathered that police detectives who visited the scene reportedly discovered signs…

There are stories you may have heard about marriage and love relationships that sometimes ring false, like a joke. But marriage is not a comedy. And participants aren’t comedians. Marriage, my friends, is a heavy commitment that requires a lot of continual, ceaseless, and uninterrupted heavy-lifting work by both parties if they truly hanker for success. As people involved change, as times flip, and as physical features and worldview of the lovebirds are torpedoed, unexpected changes do occur in marriage. Some change for the worse, unfortunately. Partners once drenched in intoxicating love are now ‘detoxified’ of that phenomenon that once…

Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax in the first quarter of 2026, the highest quarterly VAT contribution by the sector in four years and the largest share recorded by any economic activity during the period. Data released by the National Bureau of Statistics showed that VAT collections from manufacturing rose from N292.12bn in the fourth quarter of 2025 to N329.59bn in Q1 2026, representing a quarter-on-quarter increase of 12.82 per cent. The figure surpassed the previous quarter’s remittance by N37.47bn and exceeded the sector’s previous peak of N297.68bn recorded in the second quarter of 2025…

Defending President Federation Cup champions Kwara United are still waiting to receive the N50m prize money promised for winning last year’s competition, even as the finalists for the 2026 edition have now emerged, The PUNCH reports. The Harmony Boys defeated Abakaliki FC 4-3 on penalties in Lagos to lift Nigeria’s oldest football trophy in 2025, but one year after that triumph, the Ilorin-based club is yet to receive the financial reward attached to their success. Sources close to the club told The PUNCH that there has been no communication from the Nigeria Football Federation regarding the outstanding payment. “It has…

Winners across secondary and tertiary institutions have emerged in the second edition of the Lagos Schools Arts and Craft Competition, themed “This is Lagos,” with the Lagos State Government awarding them tuition scholarships for the next academic session. The winners were announced at the grand finale of the 2026 edition of the competition, held at the Adeyemi Bero Auditorium in Alausa, Lagos, on Tuesday. The competition, organised by the Lagos State Ministry of Tourism, Arts and Culture, challenged students in junior and senior secondary schools as well as tertiary institutions to showcase their creativity through painting, drawing, sculpture, beadwork, textile…

Crypto exchange Kraken and onchain asset manager Maple have launched an onchain warehouse financing facility for crypto-backed loans, applying a lending structure widely used in traditional credit markets to institutional digital asset lending. According to Thursday’s announcement, the facility will fund Kraken’s OTC lending business using a bankruptcy-remote special purpose vehicle (SPV) and USDC-denominated financing.Unlike traditional bilateral crypto loans, the facility is structured through the SPV, with Maple providing senior financing and Kraken retaining a stake in the transaction. The arrangement is intended to let Kraken expand its institutional lending business without tying up additional balance-sheet capital.Tokenized credit has grown to…