The Philippines Security and Exchange Commission (SEC) has directed Apple and Google to remove Binance app from their App stores for users in the country. According to a news report from CoinTelegraph, the SEC had formally requested that Apple and Google to remove applications operated by Binance, the biggest crypto exchange in the world. In […]
The Nigeria Deposit Insurance Corporation (NDIC) has inaugurated a 10-member Anti-Corruption and Transparency Unit (ACTU) in furtherance of its anti-corruption drive aimed at ensuring transparency and fairness in all areas of operations. The Managing Director/Chief Executive Officer of the corporation, Mr. Bello Hassan, in his remarks during the ACTU inauguration ceremony maintained that the initiative […]
The Corporate Affairs Commission (CAC) has revoked the certificates of incorporation of NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. The revocation of the affected entities’ registration certificates was sequel to the discovery of an alleged illegal transfer of N10 billion in restructuring funds released by the Federal Ministry of Finance […]
Kaspersky, a Russian multinational cybersecurity and anti-virus services and solutions provider, has raised new concerns about the rising trends in the malware development market as new stealers such as Lumma, Redline remained the dominant data-stealing malware used by cybercriminals. Kaspersky Digital Footprint Intelligence latest findings showed that more than half of every device (55%) targeted […]
The Nigerian Copyright Commission (NCC), has filed criminal charges against MTN Nigeria Communications Limited and four others over alleged copyright infringement. The suit with No FHC/ABJ/CR/111/2024 was filed against the mobile network operator at the Federal High Court, Abuja Division on Monday. Other joined as defendants in the suit are the Chief Executive Officer of […]
The Federal Government has initiated criminal proceedings against Binance, a cryptocurrency exchange platform, in a decisive move aimed at upholding fiscal responsibility and safeguarding the economic integrity of the country, The criminal proceeding charges, filed at the Federal High Court in Abuja, were announced by the Federal Inland Revenue Service (FIRS) in a statement issued […]
The Economic and Financial Crimes Commission (EFCC) and the Nigeria Deposit Insurance Corporation (NDIC), have opened discussions on how to synergize their efforts for the purposes of ensuring that the nation’s banking industry is secured from fraudulent activities and by implication, stabilize the financial system. The Executive Chairman of the EFCC, Mr. Ola Olukoyede, made this […]
The US Department of Justice (DOJ) and some states have filed an antitrust lawsuit against Apple Inc, over allegation that its devices and software are a monopoly that gives it vast profits at the expense of customers. News reports late Thursday indicated that the DOJ and 16 state and district Attorneys-General, accused Apple of driving […]
….As Forced Commercial Sex Labour Accounts For 73% Of Profits A new report from the International Labour Organization (ILO) has revealed that forced labour in the private economy generates US$236 billion in illegal profits annually. The labour organization disclosed that the report’s findings indicated that the total amount of illegal profits from forced labour had […]
The Nigerian Civil Aviation Authority (NCAA) has warned private jet owners in the country against the unauthorized use of their aircraft for commercial purposes, stressing that violators will be sanctioned. The warning was contained in a statement by the agency’s Director of Public Affairs and Consumer Protection, Michael Achimugu, and published on the NCAA’s official […]