Richard Adeolu Adejumobi - thoughtmedianetwork.com

Dollar Retreats as Hopes of Iran-U.S. De-Escalation Lift Oil-Exposed Currencies

Global Markets — The U.S. dollar weakened on Thursday as growing hopes of a de-escalation in tensions between Iran and the United States boosted investor appetite for oil-linked and risk-sensitive currencies. Market sentiment improved following indications that the conflict may be moving toward a diplomatic phase, easing fears of further disruption to global energy markets. […]

Dollar Retreats as Hopes of Iran-U.S. De-Escalation Lift Oil-Exposed Currencies Read More »

NITDA Warns of AI-Powered ‘DeepLoad’ Malware Targeting Nigerian Institutions

Article, News / Leave a Comment

Abuja — The National Information Technology Development Agency (NITDA) has issued a critical cybersecurity alert warning that a new artificial intelligence-powered malware known as “DeepLoad” is actively targeting Nigerian government agencies, banks, businesses, and individuals. In an advisory released on Tuesday, the agency described DeepLoad as an advanced malware strain designed to infiltrate systems, steal

NITDA Warns of AI-Powered ‘DeepLoad’ Malware Targeting Nigerian Institutions Read More »

NDPC Hosts Nine African Countries for Cross-Regional Data Protection Exchange

News / Leave a Comment

Abuja — The Nigeria Data Protection Commission (NDPC) is hosting officials from nine African countries for a cross-regional peer exchange programme focused on strengthening data protection and digital privacy frameworks across the continent. The initiative, organised in collaboration with the World Bank and Smart Africa, is being coordinated under the leadership of NDPC National Commissioner

NDPC Hosts Nine African Countries for Cross-Regional Data Protection Exchange Read More »

Finance Ministry Moves to Address Outstanding Contractor Payments

News / Leave a Comment

Abuja — Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has met with indigenous contractors to discuss the settlement of outstanding government obligations tied to capital projects. The meeting, held on Monday, brought together representatives of the All-Indigenous Contractors Association of Nigeria and senior officials from the Ministry of Finance and

Finance Ministry Moves to Address Outstanding Contractor Payments Read More »

FG, Bi-Courtney Reach Settlement Over 20-Year MM2 Dispute

News / Leave a Comment

Abuja/Lagos — The Federal Government has resolved its long-running dispute with Bi-Courtney Aviation Services Limited over the concession of the Murtala Muhammed Airport Terminal Two (MM2), bringing to an end one of Nigeria’s most prolonged aviation sector conflicts. The breakthrough was announced following a meeting of the Federal Executive Council, where Aviation Minister Festus Keyamo

FG, Bi-Courtney Reach Settlement Over 20-Year MM2 Dispute Read More »

Presidential Villa Worker Admits Contact With Alleged Coup Plotters as Trial Continues

News / Leave a Comment

Abuja — A maintenance worker attached to the Presidential Villa has admitted to having dealings with individuals accused of plotting to overthrow the government of President Bola Ahmed Tinubu, according to video evidence presented before the Federal High Court in Abuja. The defendant, Zekeri Umoru, who works with Julius Berger Nigeria at the Presidential Villa,

Presidential Villa Worker Admits Contact With Alleged Coup Plotters as Trial Continues Read More »

Armed Man Shot Near White House After Exchange of Fire with Secret Service

News / Leave a Comment

Washington, D.C. — The United States Secret Service has confirmed that an armed individual was shot by law enforcement near the White House after allegedly firing at officers during a confrontation. According to the agency, officers encountered the suspect in close proximity to the White House perimeter. The individual reportedly opened fire and attempted to

Armed Man Shot Near White House After Exchange of Fire with Secret Service Read More »

Gallium Becomes Strategic Flashpoint in Global Tech and Defence Supply Chains

Business News / Leave a Comment

Global — Gallium, a little-known industrial metal essential to advanced electronics and defence systems, is rapidly emerging as a critical point of geopolitical tension, as supply constraints and export controls reshape global technology competition. The metal, used in semiconductors powering 5G networks, radar systems, and satellite communications, is overwhelmingly dominated by China, which accounts for

Gallium Becomes Strategic Flashpoint in Global Tech and Defence Supply Chains Read More »

UAE Exits OPEC After Nearly Six Decades, Signals Shift in Global Oil Dynamics

News / Leave a Comment

Abu Dhabi/Vienna — The United Arab Emirates has announced it will withdraw from the Organization of the Petroleum Exporting Countries and the wider OPEC+ framework, marking the end of nearly six decades of membership and signalling a significant shift in global oil market dynamics. The decision, confirmed by Energy Minister Suhail Al Mazrouei, takes effect

UAE Exits OPEC After Nearly Six Decades, Signals Shift in Global Oil Dynamics Read More »

Terra Industries Unveils Equipment For Military Use

Business News, News / Leave a Comment

Abuja — Nigerian defence technology startup Terra Industries has unveiled a new suite of indigenous defence systems, including interceptor drones and mine-clearing unmanned ground vehicles (UGVs), in a move aimed at strengthening the country’s counter-insurgency capabilities. The systems, presented on Monday, are designed to support military operations in high-risk environments, particularly in the North-East, where

Terra Industries Unveils Equipment For Military Use Read More »