The Federal Government has ruled out a return to fuel subsidies and the introduction of price control despite rising global oil prices triggered by tensions between the United States and Iran. The Minister of Finance and Coordinating Minister of the…

A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than $250 million.Marlon Ferro, of Santa Ana, known online as “GothFerrari,”…

DAAR Communications Plc has denied reports dismissing alleged manipulation of its shareholding records on the Corporate Affairs Commission (CAC) portal after a cyber attack, insisting the discrepancies do not align with the company’s records. In a statement posted on NGX…

Dangote Petroleum Refinery exported an estimated 57 million barrels of jet fuel between April 2024 and April 2026, with shipments fluctuating sharply month-to-month but rising to a peak of about 160,000 barrels per day in the latest data. An analysis…

TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses.In a Thursday X post, the market maker said the stolen…

Nigeria could generate more than $400bn in additional income by 2040 if the country increases investments in adolescent girls through education, healthcare, economic opportunities, and stronger legal protections, a new World Bank report has stated. The report, titled “Pathways to…

Hong Kong, May 7, 2026 — Luffa, the global leader in intelligent ecosystem platforms, today officially announced a major brand upgrade, repositioning itself as the AI × Web3 Super Connector. Powered by AI agents as its core engine, Luffa delivers…

Stakeholders have emphasised the need for boat operators to adhere strictly to safety rules in order to eradicate the menace of boat accidents on the nation’s waterways. The stakeholders made this call on Wednesday in Lagos at the Ferry Safety…

Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 NEAR Protocol said.Concerns that quantum computers could eventually break…

The National Information Technology Development Agency (NITDA) has raised a cybersecurity alert about DeepLoad, a new AI-powered malware actively targeting Nigerian government agencies, banks, businesses, and individuals. The agency raised the cybersecurity alarm in an advisory guideline published on its…

The National Inland Waterways Authority has announced plans to facilitate the development of a West Coast cargo jetty aimed at enhancing the seamless movement of goods and services across the sub-region. In a recent statement, the agency said that the…

Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William…

The Federal Government has commenced discussions with contractors over outstanding payments owed for capital projects, in a move aimed at addressing long-standing obligations and restoring confidence in public sector commitments. The Minister of Finance and Coordinating Minister of the Economy,…

First City Monument Bank has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to N10m to women entrepreneurs to improve access to working capital and support business growth. The bank said in a…

Stablecoins are more likely to go mainstream if adopted by major technology companies, a shift Bitwise says could help push the market closer to a projected $4 trillion by the end of the decade.Bitwise chief investment officer Matt Hougan said…