One of the United States' leading pipeline operator, Colonial Pipeline, has reportedly paid a ransom worth $5 million (about N2.043billion) to hackers days after the company fell victim to a sweeping cyberattack. According to a source quoted by Bloomberg, the cybercriminals were reportedly paid in cryptocurrency, making it almost impossible to trace the transaction. On May 7,…
...As War Looms Between Elon Musk And Telcos SpaceX, an American aerospace manufacturer and space transportation services company owned by world's richest man, Elon Musk, has further advanced its plans to establish Starlink, its satellite internet service in Nigeria, following the company's recent meeting with the Nigerian government. Before now, SpaceX has been in virtual…
NASA has rebuked China for failing to meet responsible spacefaring standards after remnants of the nation's rogue Long March 5B rocket landed in the Indian Ocean near the Maldives early Sunday. Sightings of the Chinese rocket debris reentering Earth's atmosphere and scorching across the pre-dawn skies were reported in Jordan, Oman and Saudi Arabia. "It is…
Facebook oversight board on Wednesday has upheld the ban placed on the accounts owned by former US President Donald Trump on its platform over concerns of incitement of violence. Facebook had indefinitely banned Trump from accessing his Facebook and Instagram accounts following his comments on the January 6 invasion of the US Capitol. Following the…
Convener and National Coordinator of Abia League of Professional Initiatives (ALPI), Chief Sonny Iroche has saluted Abia State Governor, Dr. Okezie Ikpeazu for awarding five-year scholarship to a young innovator, Mr Solomon Ukaoha, who designed and built an electricity transformer from local materials. The mini transformer built by 24-year-old Ukaoha from Ohafia local government area…
Vice President Yemi Osinbajo says Nigeria is to partner tech giant, Microsoft Corporation, to accelerate the Economic Sustainability Plan (ESP) on a deepened digital economy. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday, in Abuja, said that the vice president said this at the virtual formalisation of the partnership. The vice president said the…
The Chief Strategy Officer and Cyber Risk Services, Deloitte West Africa, Mr. Tope Aladenusi, has disclosed that Nigeria lost N5.5 trillion to fraud and cybercrimes in 10 years. Aladenusi spoke during the recent webinar hosted by FirstBank of Nigeria Limited with the theme: ‘Staying Protected Amidst the Pandemic Chaos.' According to Aladenusi, who doubles as…
The Health of Mother Earth Foundation (HOMEF), has raised fresh alarm over the increasing presence of Genetically Modified (GM) products in the Nigerian market. According to the group, there is urgent need for a complete overhaul of the biosafety regulations in Nigeria in order to develop the economy and enhance agricultural productivity and food safety.…
Emerges Best Student With Highest Grade Since 1965 A Nigerian student named Ufot Ekong has solved a 30-year-old mathematics equation at Tokai University, Tokyo in Japan. Ekong is the third son of Late Capt Ufot Ekong and Annie Ekong of Etinan Local government of Akwa Ibom State. According to a report by Flotilla Magazine, Ufot…