Nigerians, beware! The National Information Technology Development Agency (NITDA) has issued a stern warning about a new malware attack targeting Facebook users in the country. This malicious software, dubbed 'Ov3r_Steale,' poses a significant threat to your online security and privacy.   What is Ov3r_Steale? Ov3r_Steale is a cunning malware specifically designed to infiltrate Facebook accounts. Experts believe it operates through phishing tactics, tricking users into clicking...

In a brazen escalation of tensions, Yemen's Houthi rebels launched a coordinated drone swarm attack on key shipping lanes in the Red Sea early on Saturday, March 9th, 2024. The US-led coalition, ever vigilant against Houthi aggression, intercepted and destroyed all 15 drones before they could inflict damage or casualties.    This large-scale drone assault comes just days after a deadly Houthi missile strike on a commercial vessel traversing the Gulf of Aden on Wednesday, March...

Nigeria's Central Bank, in a bold move to combat rising prices, has hiked interest rates to a record-breaking 22.75%. This significant increase, the highest ever recorded in the country, comes as the nation grapples with inflation surpassing 29%.   The decision was announced by the Monetary Policy Committee (MPC) after a two-day meeting. The committee also opted to maintain the Cash Reserve Ratio (CRR) at 45% and the Liquidity Ratio at 30%.   Governor Olayemi Cardoso attributed...

 Enugu, Nigeria - February 27, 2024 The Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of 31 individuals involved in internet fraud. The sentences were handed down by Justices Mohammed Garba Umar and Nnamdi Dimgba of the Federal High Courts in Enugu and Awka, Anambra State, respectively.   The individuals were charged with various offenses related to internet-based crimes, including fraudulent impersonation, obtaining money by false...

In a bid to bolster liquidity and fortify the Nigerian naira against market manipulations, the Central Bank of Nigeria (CBN) has announced the resumption of foreign exchange sales to Bureau De Change (BDC) operators.   The decision comes amidst ongoing reforms in the foreign exchange market, aimed at establishing a market-determined exchange rate for the naira. The CBN identified persistent price distortions at the retail end of the market, which have been exacerbating the exchange...

In a move that has sparked heated debate and drawn warnings from Russia, French President Emmanuel Macron floated the idea of Western troops potentially fighting alongside Ukrainian forces, two years into Russia's ongoing invasion of Ukraine. However, NATO leaders were quick to dismiss Macron's suggestion, emphasizing that there are currently no plans for NATO combat troops on the ground in Ukraine.   Macron's Trial Balloon Bursts Amidst Rising Tensions Macron's proposal, aimed at...

Yemen's Houthi rebels have reportedly targeted the MV Torm Thor, a U.S.-flagged oil tanker, in the Gulf of Aden. According to a spokesman for the group, Yahya Sarea, the attack was carried out using naval missiles. In response, the U.S. Central Command confirmed that the USS Mason intercepted an anti-ship ballistic missile likely aimed at the tanker. Fortunately, no damage or injuries were reported on either vessel.   The Houthis, aligned with Iran, have been launching attacks on...

Houston, TX - February 22, 2024- In a historic achievement, a private spacecraft built by Intuitive Machines successfully landed on the Moon on Thursday, marking a significant milestone in lunar exploration. The spacecraft, named "Odysseus," touched down near the lunar south pole, becoming the first American lander to reach the Moon's surface in over 50 years and the first ever by a private company.   "This is a monumental day for space exploration and a testament to the ingenuity and...

The Federal Government is set to announce the 2nd cohort of 270,000 fellows for its 3 Million Technical Talent (3MTT) program on February 29th, 2024. Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, disclosed this during an update on the program.   The selected fellows will commence their training in March, marking a significant step towards the government's goal of training 3 million Nigerians in technical skills. Dr. Tijani expressed gratitude for...

Nigeria's tech talent development takes a significant leap forward with the announcement of Community Managers for the 3 Million Mentor, Teacher and Trainer (3MTT) Initiative. Following the N1 billion partnership with IHS Nigeria, the Federal Ministry of Communications, Innovation & Digital Economy has unveiled 37 dedicated individuals to manage and guide program participants across all Nigerian states and the Federal Capital Territory (FCT).   This marks a crucial milestone...

Hon. Oluwole Oke, Chair of the House Committee on Judiciary and Representative of Obokun/Oriade Federal Constituency in Osun State, has put forth a proposal to introduce three new states in the South-West geopolitical zone. The bill, which aims to amend the constitution's first schedule, part I, suggests the creation of Oke-Ogun, Ijebu, and Ife-Ijesa states.   If the bill garners enough support and passes into law, it would mark a significant restructuring of the South-Western states....

AL-OMAR, Syria: A drone strike on February 4th, 2024, at the al-Omar base in eastern Syria resulted in the deaths of six Kurdish commandos, intensifying already high tensions in the region. The strike, targeting elite commando units trained by the Syrian Democratic Forces (SDF) alongside US troops, is attributed to Iran-backed militias. Although there were no reported US casualties, the attack marks a significant escalation in hostilities between the US and Iran.   A spokesperson for...