Police arrest crypto billionaire, Blord, over fraud, terrorism links
Operatives of the Nigeria Police Force have arrested Linus Williams, a crypto billionaire popularly known as BLord, in Abuja on Tuesday. He faces allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud, among other charges related to his companies. In an interview, Force spokesperson Muyiwa Adejobi confirmed the arrest, stating it was based on complaints against BLord’s businesses. “The FCID (NPF-NCCC) is currently investigating complaints lodged against Blord Group, Blord Real Estate Ltd, Blord Jetpaye Limited, and Billpoint Technology.”The alleged offences include “cryptocurrency fraud, aiding internet fraud, computer-related fraud, terrorism funding, and non-compliance with regulatory frameworks.”Adejobi emphasised the importance of ensuring cyberspace safety and security, stating, “We will do due diligence in our investigation. We are committed to achieving that.”He also clarified that the arrest was not due to a petition from Martins Otse, known as VeryDarkMan.
Source:Nigerian Tribune
July 17, 2024 00:22 UTC
Elon Musk pledges $45m monthly to fund Trump’s presidential bid
Tech billionaire Elon Musk said he plans to commit roughly $45 million each month to a new fund backing Donald Trump for US president, the Wall Street Journal reported Monday. The Tesla founder formally endorsed Trump’s candidature for US president on Saturday after the former president survived a shooting at a political rally in Butler, Pennsylvania. “I fully endorse President Trump and hope for his rapid recovery,” Musk wrote on the social media platform X, which he acquired in 2022. In March, the two met in person during a donor breakfast hosted at the Florida residence of billionaire Nelson Peltz. Trump previously decried mail and absentee voting but has backtracked on his criticisms after it became clear Democrats had an edge among mail voters.
Source:Nigerian Tribune
July 16, 2024 20:35 UTC
This Three-Ingredient Cocktail Tastes Like Friday in a Glass
Picture this: It’s 5 p.m. on a humid summer Tuesday. While there are still a few days before you can officially celebrate the weekend, you can help recreate the feeling with the taste of a mouth-watering, citrus-forward cocktail. Some of the best cocktails are also the simplest, and the below recipe is no different. You only need BOMBAY SAPPHIRE®, lemonade, and club soda for a bright, bubbly drink. In partnership with BOMBAY SAPPHIRE®, bars from New York to Seattle will be serving their versions of the BOMBAY SAPPHIRE® Sparkling Lemon, making it even easier to get a taste of Friday.
Source:Punch
July 16, 2024 16:03 UTC
How Nigeria's economic woes impede access to medications
Economic challenges in Nigeria have put a strain on people's wallets, but the situation is also influencing health. The rising cost of living means people are having to pay more for or even go without much-needed medications.
Source:The Guardian
July 16, 2024 01:01 UTC
Quadient expands locker network with Punch Pubs partnership
Punch Pubs, a leading pub company in the UK, has announced it will deploy Quadient’s Parcel Pending open locker network across its network of 1,261 pub locations, enhancing the accessibility and convenience of parcel deliveries and returns for communities nationwide. Quadient has identified 400 premium Punch Pubs locations for the initial parcel locker roll out, with installations planned for October. According to Quadient, by adding lockers to their locations, Punch Pubs publicans are “likely to experience increased foot traffic and positive customer engagement, while carriers benefit from streamlined operations, reducing congestion, delivery time and costs associated with last-mile deliveries and returns”. Katia Bourgeais Crémel, EVP lockers automation platform Europe at Quadient, said, “This new collaboration will greatly contribute to our mission to provide community-driven, sustainable solutions that enhance daily life. “At Punch, we pride ourselves on our commitment to making a positive difference to local communities,” said Stephen Radford, head of estates at Punch Pubs & Co. “Our partnership with Quadient perfectly aligns with our strategy for sustainable growth and our role as a vital contributor to the local economy.
Source:Punch
July 16, 2024 00:53 UTC
Education in Nigeria: A bleak future for Africa’s giant?
This results in a teacher-to-student ratio of well over 50:1, thereby diminishing the effectiveness of the educational system in Nigeria. Salaries in the educational sector do not motivate people to join the sector, having very little prospects for a financially stable future. According to data from Statista, there are about 116,925 elementary schools in Nigeria, out of which 52% are public schools. The Bola Tinubu-led government pledged to enhance the education sector through increased spending but the meager 6% allocation of the budget to education does not reflect that. Nigeria should take inspiration from countries where impactful public education has a long history and tradition, for example Czech Republic.
Source:The Guardian
July 04, 2024 19:56 UTC
Marshall Major V Wireless Headphones Pack A Mighty Punch
The new Marshall Major V wireless headphones have a comfy fit and a big sound. So far things seem to have gone well and this month I have got my hands on a pair of Marshall Major V headphones, the first model to launch since the merger. The Major V headphones can be charged wirelessly as well as by USB-C cable. Verdict: The new Marshall Major V wireless headphones are incredibly comfortable and light to wear. Pricing & Availability: The Marshall Major V headphones are available now from Marshall.com and priced at $149 / £129 / €149.
Source:Punch
July 04, 2024 16:02 UTC
From Kenya with aluta
What I saw and what I felt made me realise that for the Kenyans, social protest was somewhat a culture. So, now that their young ones, the scions of Aluta Kenyans, are on the streets, I expect no less. What we see in Kenya today should not be taken as “one of those youthful protests.” Those guys mean business. Kenya is burdened by alarming public debt; so is Nigeria. In fact, most indices considered, Kenya is a kindergarten case in comparison to Nigeria.
Source:Punch
July 04, 2024 12:39 UTC
Bank recapitalisation may not lead to higher GDP – Report
The Proshare Bank Strength Index evaluates banks using a pool of financial metrics based on audited financial statements for the Financial Year 2023. In the report, it named Access Corp, Zenith Bank, FBNH, ETI, UBA, and GTCO as Tier-1 banks in 2024, reinforcing the Afrinvest-inspired concept of FUGAZE. In early June, the Central Bank of Nigeria revealed that banks had started to submit their recapitalisation plans. However, the Proshare report read in part, “Policymakers have associated big banks with larger economies and faster-growing gross domestic products, but the assumption is unproven. However, between 2000 and 2005, bank equity sizes grew over ten times or by 1,150% from N2bn to N25bn.
Source:Punch
July 04, 2024 02:15 UTC
121 killed in stampede at India religious gathering
India’s deadliest stampede in over a decade left 121 people dead at a vastly overcrowded Hindu religious gathering. A police report said more than 250,000 people attended the event in northern India’s Uttar Pradesh state, more than triple the 80,000 organisers had permission for. Chaitra V., divisional commissioner of Aligarh city in Uttar Pradesh state, initially said panic began when “attendees were exiting the venue when a dust storm blinded their vision, leading to a melee”. Religious gatherings in India have a grim track record of deadly incidents caused by poor crowd management and safety lapses. In 2008, 224 pilgrims were killed and more than 400 were injured in a stampede at a hilltop temple in the northern city of Jodhpur.
Source:Nigerian Tribune
July 03, 2024 21:18 UTC
Aruna returns for $250,000 WTT Star Contender Bangkok
After missing the WTT Contender events in Lagos and Tunis last month, Quadri Aruna is back in action at the WTT Star Contender Bangkok 2024 in Thailand. Aruna stands out as the sole African star competing against a star-studded line-up in Bangkok Ta king place at the Huamark Indoor Stadium. Having missed the 2023 edition of the Lagos event, he was scheduled to compete at the second edition of the Lagos event, which was held at the Molade Okoya-Thoma Hall at the Teslim Balogun Stadium, Surulere, Lagos, but he withdrew days before the tournament. “He (Aruna Quadri) has been advised not to participate in WTT Contender Lagos, but the physio as a precautionary measure to avoid injury due to his body,” Mr. Oshodi said. Ly’s 2024 journey includes his WTT Champions debut, and he has continued his ascent in the rankings.
Source:Punch
July 03, 2024 19:47 UTC
NIMC database secure
The Director, Nigeria Police Force National Cybercrime Center, Uche Henry has assured that the National Identity Management Commission’s database is secure. Henry’s assurance is coming following concerns about the security of the commission’s database. Uche in a statement by the centre on Wednesday said the NPF-NCCC following the speculation swiftly conducted a forensic analysis on the database and found out that it was secure. Our forensic analysis confirmed that the database is indeed secure,” Uche was quoted as saying. Uche although said NIMC has a strong cyber security, he noted that his centre was ready to help strengthen the commission’s security.
Source:Punch
July 03, 2024 18:58 UTC
VIDEO: Police arrest miscreants extorting Lagosians using makeshift bridge at Tradefair
Commissioner, Ministry of the Environment and Water Resources, Lagos State, Tokunbo Wahab, has announced that police have arrested miscreants who were charging people for using the makeshift crossover bridge at the Trade fair. Tokunbo stated this on his X account following a complaint by citizens that they were extorted on the morning of Wednesday, 3 June 2024, due to heavy downpours in the area. Tokunbo writes:”Following a complaint made by @ARISE0214 , miscreants charging people for using the makeshift crossover bridge at Tradefair this morning have been arrested by the operatives of Lagos State Environmental Sanitation Corps @LAGESCOfficial . They will be prosecuted according to the law.”Watch video below:
Source:Nigerian Tribune
July 03, 2024 18:35 UTC
Lagos Flash Flood: One dead, seven rescued as building collapses at Mushin
As a result of the flash flood in Lagos, a building collapsed on Cameroon Road in the Mushin area of Lagos, leading to the death of a child and leaving seven others injured. According to reports gathered from our correspondent, the collapse occurred due to heavy rainfall experienced across the state early on Wednesday, July 3. ALSO READ:VIDEO: Force PRO condemns police officers’ assault of unidentified man in LagosAt the time of reporting, residents stated that the Lagos rescue team had not yet responded to emergencyDetails Shortly
Source:Nigerian Tribune
July 03, 2024 17:49 UTC
Why so many Australian homes are either too hot or too cold
But chances are the reason you’re cold is not only due to a polar air mass sweeping the country, but because millions of Australian homes aren’t well insulated. Experts estimate more than 70% of Australian homes were built before 2003. Australian homes are so poorly insulated that some experts compare them to tents. Research has found that Australia’s energy standards are about 55% worse than comparable countries and climate zones. Many homes will have been renovated since 2003, but experts say most renovations will still be below the current new housing standards.
Source:The Guardian
July 03, 2024 03:42 UTC