Retired naval officer charged with N90million fraud

A 63-year-old retired Navy Captain, identified as Jerry Ogbonna, was on Monday, charged before an Ikeja high court for allegedly defrauding two banks of N90 million. Ogbonna was arraigned alongside his company before Justice Oluwatoyin Ipaye by the Economic and Financial Crimes Commission, EFCC, for also allegedly defrauding a bank of N45 million between April… Read More Retired naval officer charged with N90million fraud

Several policemen escape death as Fulani herdsmen open fire at them in Ondo

About 15 mobile policemen escaped death by whiskers as Fulani herdsmen opened fire on them in Akure, the Ondo state capital. The herdsmen numbering about ten stormed the farm of the former Secretary to the Government of the Federation SGF, Chief Olu Falae located at Kajola, in Igbatoro area of the state and destroyed it.… Read More Several policemen escape death as Fulani herdsmen open fire at them in Ondo

Accenture team up with Microsoft to build digital ID network using blockchain technology

Accenture Plc. and Microsoft Corp. are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents. The companies unveiled a prototype of the network on Monday at the UN headquarters in New York during… Read More Accenture team up with Microsoft to build digital ID network using blockchain technology

Central Bank of Nigeria injects $195million into FOREX market

Following its 800 million dollars intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN), on Monday, injected 195 million dollars into the market to meet the requests of customers in the various segments of the market. The acting Director, Corporate Communications, Mr Isaac Okorafor, said in a statement… Read More Central Bank of Nigeria injects $195million into FOREX market

Google to implement tighter measures to tackle extremist content on YouTube

Alphabet Inc’s Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday. Google said it would take a tougher position on videos containing supremacist or inflammatory religious content by issuing a warning and not monetizing or… Read More Google to implement tighter measures to tackle extremist content on YouTube

Astronomers discover 10 more possible life-friendly planets

Astronomers on Monday added 219 candidates to the growing list of planets beyond the solar system, 10 of which may be about the same size and temperature as Earth, boosting the chances for life. Scientists found the planet candidates in a final batch of NASA’s Kepler Space Telescope observations of 200,000 sample stars in the… Read More Astronomers discover 10 more possible life-friendly planets

Facebook receives approval to set up domestic unit in Indonesia

Facebook Inc. has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant’s fourth-largest user base. Indonesia has been pushing multinational technology firms to be locally incorporated, arguing that companies such as Alphabet Inc’s Google set up… Read More Facebook receives approval to set up domestic unit in Indonesia