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Bankers, Ministers Warn of Cyber Risks from New AI System

Washington DC, United States Finance ministers, central bank governors and top global bankers have raised serious concerns over a powerful new artificial intelligence model known as “Mythos,” warning that it could pose risks to global financial security systems. The model, developed by AI company Anthropic under its Claude series, has triggered emergency discussions after reports […]

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Nigeria on Edge as Intelligence Warns of Major Terror Plot in Abuja

Abuja & Niger State, Nigeria Nigeria’s security forces have been placed on high alert following intelligence reports of a planned large-scale attack targeting key public infrastructure in Abuja and neighbouring Niger State. An internal memo dated April 13, reportedly obtained from the Nigeria Customs Service, indicates that Islamist militant groups are planning coordinated attacks on

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Airtime Borrowing Disrupted as MTN Complies with New Lending Regulations

Lagos Millions of Nigerians who rely on borrowed airtime and data are facing disruption after MTN Nigeria announced the suspension of its Xtratime service. The decision, disclosed on Thursday, follows new regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC) requiring stricter licensing and compliance for digital lending services. MTN said the temporary

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IMF Chief Urges Caution as Energy Prices Surge Globally

Washington DC, United States The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economy is facing a major shock triggered by the ongoing Middle East conflict, with rising energy prices expected to affect countries worldwide. Speaking in Washington DC during the IMF’s spring meetings, Georgieva said the disruption in

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Malema Sentenced to Five Years, Political Fallout Looms

Johannesburg — , leader of the (EFF), has been sentenced to five years in prison, in a ruling that is expected to have significant political repercussions. The sentencing marks a major development for one of South Africa’s most prominent opposition figures, known for his strong stance on economic redistribution and land reform. While full details

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Tinubu Approves ₦3.3 Trillion Power Sector Debt Settlement — But GenCos Say the Real Figure Is Twice That

The Federal Government announced a ₦3.3 trillion settlement plan for a decade of power sector arrears on Sunday, with 15 generation companies already signed on and ₦223 billion disbursed. But the Association of Power Generation Companies insists the actual debt stands at over ₦6 trillion — raising fundamental questions about who verified the figures, and

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