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The Director General, National Information Technology Development Agency (NITDA), Kashifu Abdullahi, has said that emerging technologies such as Artificial Intelligence and Robotics are going to power the fourth industrial revolution.

NITDA proffers way forward for Nigeria’s digital transformation

The Director General, National Information Technology Development Agency (NITDA), Dr. Kashifu Abdulahhi, has stated that Nigeria’s attainment of digital transformation depends on the optimisation of the vast opportunities embedded in the space ecosystem.

ICPC boss says virtual assets, cryptocurrencies risky for Nigeria

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.
The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism.

Cryptocurrency: How 270 addresses got $1.3 billion illicit payments

Amidst the furore generated by the Central Bank of Nigeria’s crackdown on the activities of cryptocurrency traders, research has revealed that criminals are using a small group of crypto brokers to launder hundreds of millions of dollars around the world.
Sterling Bank Plc, has contributed N250 million as part of its commitment to the newly formed Nigerian Private Sector Coalition Against COVID-19 created to help channel resources to combat the coronavirus disease under the theme- “We need you.”

Sterling Bank upgrades agricultural commodity trading platform

Sterling Bank Plc has updated its agriculture commodities platform operated by SABEX, an affiliate company.
FILE PHOTO - A sign of a NHS vaccination centre is seen, amid the spread of the coronavirus disease (COVID-19), in Wembley, London, Britain, January 18, 2021. REUTERS-Matthew Childs

British hospitals use blockchain to track coronavirus vaccines

Two British hospitals are using blockchain technology to keep tabs on the storage and supply of temperature-sensitive COVID-19 vaccines, the companies behind the initiative said on Tuesday, in one of the first such initiatives in the world.
FILE PHOTO - Barclays chief executive Antony Jenkins poses for the media in London February 12, 2013. REUTERS-Luke MacGregor

Bank of England candidate feels heat from bitcoin’s red-hot rally

A candidate for the Bank of England’s supervisory arm for banks defended on Wednesday his senior role on a bitcoin trading platform, saying it took safeguards against money-laundering very seriously.

Bitcoin rallies above $30,000 for first time

Digital currency Bitcoin extended its record smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method, Reuters has reported.

Bitcoin’s 12.8 million-digit code transformed into surreal paintings

Bitcoin may be completely paperless, but one artist has meticulously dragged it into the physical world by hand-painting the cryptocurrency’s 12.8 million-digit founding code across 40 separate paintings.
At least five persons are feared dead in a stampede on Tuesday in Port Harcourt, Rivers State, where thousands of residents jostled for Christmas palliatives.

At least five feared dead as thousands jostle for Christmas palliatives in Port Harcourt

At least five persons are feared dead in a stampede on Tuesday in Port Harcourt, Rivers State, where thousands of residents jostled for Christmas palliatives.
The National Information Technology Development Agency (NITDA) says Nigeria plans to generate over six billion dollars through blockchain technology by 2030.

Nigeria targets $6 billion revenue from blockchain technology

The National Information Technology Development Agency (NITDA) says Nigeria plans to generate over six billion dollars through blockchain technology by 2030.
Graham Ivan Clark, 17, was arrested Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute him as an adult. He faces 30 felony charges, according to a news release.

Florida teen arrested as mastermind of Twitter hack

A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case.
After three years in development, the Singapore blockchain payment project UBIN comes to fruition.

Singapore launches blockchain payment system

After three years in development, the Singapore blockchain payment project UBIN comes to fruition.
The Federal Bureau of Investigations (FBI) has said that $15.3million, which is part of the money Olalekan Jacob Ponle aka Woodberry stole, was stashed away in a Bitcoin (BTC) wallet.

FBI: $15.3 million stolen by Hushpuppi’s ally Woodberry from US companies may not be...

The Federal Bureau of Investigations (FBI) has said that $15.3million, which is part of the money Olalekan Jacob Ponle aka Woodberry stole, was stashed away in a Bitcoin (BTC) wallet.
The Minister of Youth and Sports Development, Mr. Sunday Dare, on has turned the heat on the Nigeria Football Federation (NFF) saying football in the country is going backward.

Nigerian government trains over 3,000 online in digital skills during coronavirus lockdown

The Minister of Youth and Sports Development, Mr. Sunday Dare, has expressed satisfaction at the 3,000 Nigerian youth that have so far taken advantage of the ministry’s online training and attained competency badges under the Ministry’s DY.ng initiative.

Official: Nigeria adopts online assets declaration for public servants

The Code of Conduct Bureau (CCB) has introduced an Online Assets Declaration System (OADS) for public servants, officials have said.
(FILES) In this file photo taken on October 13, 2017 a person shows an App that will allow to vote for a referendum in Italy’s northern region of Lombardy to request more autonomy from central government, in Milan. – West Virginia’s disabled residents and overseas military personnel will be able to vote by smartphone in the US presidential election this year, the latest development in a push to make balloting more accessible despite persistent security fears. Rising interest in electronic voting has heightened concerns among security experts who fear these systems are vulnerable to hacking and manipulation that could undermine confidence in election results. (Photo by MIGUEL MEDINA / AFP)

Smartphone voting stirs interest and security fears

West Virginia’s disabled residents and overseas military personnel will be able to vote by smartphone in the US presidential election this year, the latest development in a push to make balloting more accessible despite persistent security fears.
Cryptocurrency

Report: Cryptocurrency crime losses more than double to $4.5 billion in 2019

Losses from cryptocurrency crime surged to 4.52 billion dollars in 2019, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace.
Calibra Digital Wallet

Facebook announces Libra cryptocurrency and Calibra digital wallet

Facebook announced its cryptocurrency Libra and a global association of organizations that will govern it. And Facebook also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS and Android.
Seni Sulyman, VP Global Operations, Andela

Seni Sulyman: Education in Africa in a state of emergency

Mr Seni Sulyman, Vice President, Global Operations, Andela, says education in Africa is in a statement of emergency.
bitcoin

China to ban bitcoin mining

China’s state planner wants to ban bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.

NACC leads trade mission to United States

The Nigerian-American Chamber of Commerce (NACC) is set to lead delegates on a five-day trade mission with the theme: ‘Turning Promises to Action,’ to the United States.

Interswitch, Microsoft, partner to pioneer Blockchain Technology in Nigeria

Interswitch Group, a Pan-African integrated digital payments and commerce company, in partnership with Microsoft, has announced the launch of its innovative blockchain-based supply chain financing service.

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Jamaican sprinter Yohan Blake, has revealed his anti-Coronavirus vaccine stance, claiming he would rather miss the Tokyo 2020 Olympics than get the jab.

Yohan Blake: I’d rather miss Olympics than take coronavirus vaccine

Jamaican sprinter Yohan Blake, has revealed his anti-Coronavirus vaccine stance, claiming he would rather miss the Tokyo 2020 Olympics than get the jab.
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN to revive oil palm sector, stop importation – official

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank’s commitment to reviving the oil palm sector with a view to stopping importation of the commodity.

Fire razes over 15 shops in Edo market

Goods worth millions of naira were last Saturday night destroyed by fire, which razed a section of the Ikpoba Hill market in Ikpoba Okha Local Government Area of Edo State.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank plans to strengthen Naira, economy through $15 billion Dangote refinery

The Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery.
Paris Saint-Germain are making a move for Manchester City striker, Sergio Aguero.

Manchester City boss: Kun Aguero needs time to return to best form

Manchester City striker Sergio Aguero needs time to rediscover his best form after a lengthy spell out and the Argentine will have to fight for his spot in the squad, manager Pep Guardiola said.

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ISTANBUL, TURKEY - FEBRUARY 21- Mesut Özil (67) of Fenerbahce gestures after his team lost the Turkish Super Lig match between Fenerbahce and Goztepe in Istanbul, Turkey on February 21, 2021. (Photo by Serhat Cagdas-Anadolu Agency via Getty Images)

Mesut Ozil’s misery continues at Fenerbahce despite Arsenal exit

The Gunners got their top earner off the books after he was frozen out for the previous 10 months – while Ozil was free to join the club he grew up supporting, and Fenerbahce in turn landed a player they hoped would inspire them to the Super Lig title.
Rangers Boss Steven Gerrard was full of praise for Joe Aribo after he put in another strong performance against Dundee United in the Sottish topflight.

Joe Aribo: I had to put in extra training to make a difference

The Nigerian international produced a spectacular seventh goal of his campaign to assist the Rangers ’ push closer to the title with a convincing victory over Dundee United.
Nigeria Naira

Economic expert frowns at Nigeria’s debt servicing figures

An renowned economist, Dr Paul Alaje, has frowned at a situation whereby Nigeria spends up to 60% of its revenue on debt servicing, describing the development as disturbing and worrisome.
A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.

EFCC: How Lagos Scholarship Board boss diverted N127 million to personal use

A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.
Halimatu Ayinde has set her sights on scoring more goals in 2021 following her matchwinner in Nigeria's 1-0 victory over Uzbekistan.

Halimatu Ayinde reveals ambitious targets after scoring for Nigeria

Halimatu Ayinde has set her sights on scoring more goals in 2021 following her matchwinner in Nigeria's 1-0 victory over Uzbekistan.