Author: Alade Adisa

The last has not been heard about the face-off between three Nigerian lawmakers and some executives of Binance, a cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies, as allegations and counter-allegations between the parties continued at the weekend.Tigran Gambaryan, an executive of Binance, who was detained in the country last year before being released, had accused some members of the House of Representatives of demanding $150 million bribe from him to secure his release.He alleged that the lawmakers demanded that the money be paid in form of cryptocurrency and initially did not mention the names of the…

Edwin Kibet, a Kenyan athlete has emerged as the winner of the men’s category at the 2025 Access Bank Lagos City Marathon, held on Saturday. In what was his second victory in the prestigious race, Kibet clocked an impressive time of 2 hours, 14 minutes, and 19 seconds, earning him the $50,000 first-place prize. The Kenyan runner previously won the marathon in 2023 with a time of 2:14:06. In last year’s edition, Kibet finished third behind fellow Kenyan, Bernard Sang, who won with a time of 2:16:49, and Cheprot, who placed second. This year, he dominantly reclaimed his title. Kenya…

OpenAI has rejected Elon Musk’s offer to buy the company for $97.4 billion stating that it is not for sale. The artificial intelligence company’s Board chairman, Bret Taylor stated on Saturday that the board has unanimously rejected Musk’s offer. He noted that Musk’s offer is his latest attempt to disrupt his competition. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition. “Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI (artificial general intelligence) benefits all of humanity,” the chairman stated on Friday. Note that…

German chancellor, Olaf Scholz, on Saturday, shot back strongly in defence of his stance against the far-right, and said his country will not accept people who “intervene in our democracy,” a day after US vice-president JD Vance scolded European leaders over their approach to democracy. According to Associated Press (AP), the German leader spoke with just eight days before crucial elections in Germany, with polls showing the far-right Alternative for Germany party currently in second. Vance said on Friday at the Munich Security Conference that he fears free speech is “in retreat” across the continent. But Scholz had said, “Germany…

The Nigerian National Petroleum Company Limited (NNPCL) has fought back accusations that the premium motor spirit (petrol) it sells to the public is substandard with a high burn rate. Dismissing the claims, NNPC spokesperson, Olufemi Soneye, in a statement on Saturday said it was reacting to a viral video claiming that its petrol does not last long in fuel tanks. The social media was awash of a video where a content creator claimed he bought a litre of Dangote petrol from MRS filling station in Alapere, Lagos, at N925 and the same litre at NNPC in Ojodu Berger at the…

In a bid to whittle down electoral malpractices, especially vote buying during elections, Nigeria’s electoral umpire, the Independent National Electoral Commission (INEC) has called for the enactment of laws prohibiting possession of large sums of money at polling units. INEC’s director of litigation and prosecution, Tanimu Muhammed made the suggestion during a consultative meeting attended by INEC officials, security operatives, and members of the Senate and House of Representatives on Friday. Muhammed, said during the meeting that politicians often carry large amounts of money on election day, claiming it is for party agents and logistical expenses, whereas they intend to…

US President, Donald Trump and British Prime Minister, Keir Starmer have agreed to hold talks soon in Washington, the White House confirmed Friday. Trump told reporters at the porch of the White House, “He asked for a meeting, and I agreed. We’re going to have a friendly meeting. We have a lot of good things going on. “I think he wants to come next week or the weekend.” Starmer met Trump’s special envoy to the UK, Mark Burnett in London on Thursday “during which he took a call from President Trump and discussed his forthcoming visit to the US,” Downing…

…Says Ukraine will never accept ‘deals reached behind our backs’ Addressing the Munich Security Conference on Saturday, Ukrainian president Volodymyr Zelenskyy said the “time has come for a European army to be created”. Zelenskyy said that North Korean troops fighting Ukraine are learning “modern warfare”. “Our army alone is not enough, we need your support,” he said. Zelenskyy told the audience at the Munich Security Conference that Kyiv has clear intelligence that Russia plans to send troops to Belarus this summer, reports Reuters. Zelenskyy has urged European leaders: “I urge you to act for your own sake.” He also asked…

As many as 200,000 US workers slated to be affected by mass terminations as Musk leads crusade to slash spending Some federal employees who have been laid off under the President Donald Trump administration’s unprecedented plan to slash the federal workforce were reportedly given only 30 minutes to pack their belongings and vacate federal offices. Federal agencies were ordered by Trump to fire mostly probationary staff, with as many as 200,000 workers set to be affected and some made to rush off the premises, the Washington Post reported. More layoffs are expected on Friday, Reuters reported, as thousands of employees…

….Top Reps members indicted Tigran Gambaryan, the head of financial crime compliance at Binance, has publicly named three Nigerian lawmakers who allegedly demanded a $150 million bribe from him. The revelation comes months after his detention by Nigerian authorities. Gambaryan, alongside another Binance executive, was detained in Nigeria earlier this year. The Nigerian government accused the cryptocurrency exchange of money laundering and enabling financial crimes within the country. His detention became a diplomatic issue, with the United States government eventually stepping in to secure his release. Meanwhile, in a post shared on X (formerly Twitter) on Friday, Gambaryan named three…