A Federal High Court in Lagos on Monday granted N50m bail each to two students of Moshood Abiola Polytechnic and Resign Regal Academy, Timothy  Oluwabukola and Anthony Odemerho, who allegedly hacked MTN Nigeria Communication computers and stole airtime and data valued at N1.9bn.

Justice Akintayo Aluko granted them bail after hearing two separate bail applications filed by the defendants.

In addition to the bail sum, Aluko ordered the defendants to provide two sureties each, one of whom must be a civil servant in the federal or Lagos State employment, who must be grade level 14 and above.

He said that the second surety must be a landed property owner within the jurisdiction of the court, provide evidence of ownership, and must swear to an affidavit of means.

 
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In the case of the civil servant, they must produce a reference letter of their place of work, and a letter of last promotion, while the defendants must submit two recent passport photographs to the court registrar.

Aluko ordered that the prosecution should verify all documents submitted by the sureties including their residential addresses.

The court further ordered that the defendants be remanded in the  Correctional Centre pending the fulfilment of their bail conditions. 

Oluwabukola and Odemerho were arraigned on July 30, 2024, by the Police Special Fraud Unit.

They are facing four counts bordering on conspiracy, unauthorised access into the company’s web-based platform known as Application Programming Interface and unlawful conversion, preferred against them by the police.

The police prosecution counsel, Justine Enang, told the court that the defendants committed the alleged offences with others now at large.

Enang told the court that Oluwabukola and Odemerho, said to be students of Moshood Abiola Polytechnic Abeokuta, Ogun State, and Resign Regal Academy in Benin City, Edo State, respectively, committed the offences sometime between January and April 2024, in Lagos and Edo states.

He said that the duo allegedly hacked into the MTN web-based platform known as Application Programming Interface, and stole N1.9bn worth of airtime and data.

According to the prosecutor, the offences committed contravened Sections 27(1)(b); 6(2) and 28(1)(b) of the Cybercrime (Prohibition, Prevention, etc) Act, 2015 as amended in 2024, but punishable under Section 8(2) of the same Act.

He added that the offences also contravened Section 18(2)(b) of the Money Laundering (Prevention And Prohibition) Act, 2022, punishable under Section 18(3) of the same Act.

 

However, the defendants pleaded not guilty to the charges against them.

Following their not-guilty plea, the prosecutor asked the court for a trial date and urged the court to remand them in the custody of a correctional centre till the determination of the charge.

But, the defence lawyer informed the court that he had filed two applications for bail and the same had been served on the prosecutor.

In response, the prosecutor confirmed being served with the bail applications but told the court that he was served while the proceedings were going on.

He asked the court for a short date to enable him to study the applications and respond to them.

Consequently, Justice Aluko adjourned the case till August 5, 2024, for a hearing of the defendants’ bail applications.

Nigeria’s sensation Favour Ofili has taken a significant step toward her Olympic dream by qualifying for the women’s 200m final at Paris 2024. Ofili finished second in her heat with a season’s best of 22.05s, just behind Julien Alfred, who won the race with a time of 21.98s.

The 21-year-old athlete, who hails from Delta State, was determined to showcase her talents at the Games despite not being registered for the women’s 100m by the Athletics Federation of Nigeria (AFN) and Nigeria Olympic Committee (NOC) officials.


With her qualification, Ofili becomes the first Nigerian woman to reach the 200m final in 28 years. The last time a Nigerian made it to the final in this event was in Atlanta 1996, when Mary Onyali won a bronze medal—a year before Ofili was even born.

In other news, wrestler Blessing Oborududu lost her semi-final match against Meerim Zhumanazarova of Kyrgyzstan in the women’s freestyle 68kg category with a score of 3-1. The 35-year-old Nigerian had a challenging start to the Games, conceding two points in the first three minutes against Canada’s Linda Morais. However, she made a remarkable comeback, scoring six unanswered points to secure an 8-2 victory and advance to the competition’s penultimate round. Oborududu then defeated France’s Koumba Larroque 6-2 in a fiercely contested quarterfinal bout, overcoming an early deficit to secure her spot in the semi-finals.

Nigerian magnate and industrial powerhouse, Aliko Dangote, has stormed back to the pinnacle of Africa’s rich list, reclaiming his title as the continent’s wealthiest man on the Bloomberg billionaire index, mere days after ceding it to South African tycoon, Johann Rupert.

In a dramatic turn of fortunes, Bloomberg reports that Dangote’s immense wealth surged by a staggering $144 million in just 24 hours, bringing his total fortune to a colossal $13.7 billion as of Monday, August 5, 2024.

This phenomenal rise enabled Dangote to overthrow Rupert, who had briefly snatched the crown over the weekend.

Johann Rupert, who enjoyed a fleeting moment of glory, saw his net worth shrink by a whopping $334 million in the same 24-hour period, reducing his riches to $13.3 billion.

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This financial bloodbath has demoted Johann Rupert to the position of the 155th richest individual globally, marking a significant tumble from his short-lived reign.

Aliko Dangote’s triumphant return to supremacy has not only reestablished him as Africa’s undisputed financial juggernaut but also catapulted him up the global rankings, leapfrogging from 156th to 149th on Bloomberg’s index of the world’s wealthiest.

This meteoric rise means Dangote has surged ahead of seven influential billionaires, reasserting his dominance on the global stage.


For Johann Rupert, the fall is both swift and stinging, as he now finds himself edged out by his Nigerian rival, slipping to the 155th spot among the planet’s wealth elite.

Amit Mehta, a United States (US) judge, has ruled that Google acted illegally to maintain monopoly on online searches and related advertising.

 

On Oct 20, 2020, the US department of justice filed a civil antitrust lawsuit to stop Google from unlawfully maintaining monopolies through anticompetitive and exclusionary practices in the search and search advertising markets and to remedy the competitive harms.

The department of justice alleged that Google is the monopoly gatekeeper to the internet for billions of users and countless advertisers worldwide.

It said for years, Google has accounted for almost 90 percent of all search queries in the US and has used anticompetitive tactics to maintain and extend its monopolies in search and search advertising.  

 

The department also alleged that Google’s anticompetitive practices have had harmful effects on competition and consumers.

 

In a blog post responding to the lawsuit, Kent Walker, Google’s chief legal officer, presented the company’s defence against the department’s allegations.

Walker said users choose Google willingly, not because they are compelled to or unable to find other options.

 

“Today’s lawsuit by the Department of Justice is deeply flawed,” Walker wrote.

“People use Google because they choose to, not because they’re forced to, or because they can’t find alternatives.

“This lawsuit would do nothing to help consumers. To the contrary, it would artificially prop up lower-quality search alternatives, raise phone prices, and make it harder for people to get the search services they want to use.”

 

According to BBC News, in his ruling on Monday, Mehta said Google paid billions to secure its position as the default search engine on smartphones and browsers.

 

“Google is a monopolist, and it has acted as one to maintain its monopoly,” Mehta said.

 

The ruling comes after a 10-week trial in Washington DC, in which prosecutors accused Google of spending billions of dollars annually to Apple, Samsung, Mozilla and others to be pre-installed as the default search engine across platforms.

The US said Google pays more than $10 billion a year for that privilege, securing its access to a steady stream of user data that helped maintain its hold on the market.

Prosecutors said doing so meant other companies did not have the opportunity or resources to meaningfully compete.

 

The judge concluded that being the default search engine is “extremely valuable real estate” for Google.

 

“Even if a new entrant were positioned from a quality standpoint to bid for the default when an agreement expires, such a firm could compete only if it were prepared to pay partners upwards of billions of dollars in revenue share,” the judge said.

 

While the judge has not decided on penalties for Google, the publication said the US government has asked for “structural relief” — which in theory, could mean the break-up of the company.

Also, Reuters reported Alphabet, the parent company of Google, plans to appeal against the ruling.

 

Another case against Google over its advertising technology is scheduled for trial in September.

The Kaduna police command says its operatives have arrested 39 suspects with Russian and Chinese flags during Monday’s #EendBadGovernance protest in the state.

Mansir Hassan, the police spokesperson, said in a statement that those arrested included a tailor sewing the flags.

Hassan added that the suspects were seen displaying Russian and Chinese flags during the protest, adding that they also engaged in the vandalisation of private and public properties.

“Among the damaged properties were a Hilux vehicle belonging to Kaduna State Vigilante Service (KADVS), a Toyota Yaris owned by a journalist, and the Zaria offices of the Kaduna State Traffic Law Enforcement Agency (KASTLEA), which was set on fire,” the statement reads.

“The police, in collaboration with other security agencies, intervened to restore order.

“During the confrontation, the suspects became hostile and resorted to using stones, catapults, and other weapons. The police managed to calm the situation with the minimal use of tear gas.

 

“In total, 39 suspects were arrested at the scene, including a tailor who was sewing the foreign flags for the group.”

 

The police spokesperson said 38 Russian flags, one Chinese flag, two catapults with a bag of stones, and various vandalised items were recovered from the suspects.

He added that Audu Ali Dabigi, the commissioner of police in Kaduna, commended the operatives for their efforts and urged the residents to obey the 24-hour curfew.

He warned that violators will be arrested and prosecuted under the law while appealing to citizens to cooperate with the police and other security agencies during this critical period.

“The curfew is in place to protect lives and property and ensure the swift restoration of peace in Kaduna state,” Hassan quoted the commissioner as saying.

Bitcoin, the world’s largest cryptocurrency by market cap, dropped to $52,000 amid a market sell-off on Monday.

The price of the digital asset dropped significantly by 13 percent in 24 hours.

The cryptocurrency dipped from $60,752 on August 4, to $52,312 on August 5, according to CoinMarketCap, a price-tracking website for crypto assets.

Similarly, the price of other cryptocurrencies also experienced a downswing. The price of Ethereum fell from $2,905 on August 4 to $2,261 on August 5 — a decline of 22.46 percent in 24hrs.

CoinMarketCap also said the global cryptocurrency market cap shrank to $1.85 trillion, after recording a reduction of over $184.39 billion or 14.06 percent in the last 24 hours.


According to a report by Economic Times, the dramatic drop was attributed to the hasty sell-off of assets by investors due to geo-political tensions, United States recession fears, the global impact of the appreciation of the Yen following the Bank of Japan’s decision to raise interest rates to 0.25 percent and reduce bond purchases.

On March 19, Standard Chartered Plc raised its 2024 forecast for Bitcoin (BTC) price from $100,000 to $150,000.

Standard Chartered also predicted that the BTC would reach an all-time high of $250,000 by 2025 before settling around $200,000.


On March 11, Bitcoin crossed $71,000 for the first time in two years.

Paul ‘Rudeboy‘ Okoye, the singer, has slammed Joe Igbokwe, the Nigerian author, over his comment on the rift between him and Peter ‘Mr P‘ Okoye, his twin brother. 

 

The Okoye brothers have been in the news since their controversial split in 2016.

The twins parted ways after a disagreement on the role of Jude Okoye, their older brother who happened to be their immediate past manager.

But in November 2021, the duo ended their five-year feud. They also staged their first joint performance as Psquare.

 

However, their latest split was confirmed by Rudeboy who claimed his twin brother was behind his recent arrest by the Economic and Financial Crimes Commission (EFCC).

Wading into the matter in a Facebook post, Igbokwe berated the twin brothers for being “unable to settle their family dispute”.

The author also wondered if “there are no elders in their family” while describing their rift as a “shame”.

 

“So shameful that two twin brothers Paul and Peter cannot work together, cannot love one another, they cannot trust each other, they cannot think together, they cannot reason together, they cannot forgive each other, they cannot manage their wives, they cannot manage their success story, they cannot control their emotions, they cannot manage their internal contradictions, even their wives could not help matters, what about their parents, their brothers and sisters, their Nnaochie? etc,” he wrote.

“This is shame. It pains me to no end. Now, are there no elders in the family? This is success without brains. Education without character. Make shame catch us small na. When Gold rust what will Iron do? Ndi ara akwu eke. Awon werey.”

However, Rudeboy took to his Instagram page to tackle Igbokwe. The singer also hurled abusive words at the All Progressives Congress (APC) chieftain.

says his first time ever traveled abroad was 2015

 

Popular singer, Adekunle Gold has inspired his fans with his touching success story, citing how he first traveled out of Nigeria.

In a widely shared video, the singer revealed that the first time he ever traveled out of Nigeria was in 2015 and it was because of his hit song, “Shade”. He also had “Orente” at the time.

Since then, he has been to over 35 countries and his passion has been his drive. 

Adekunle Gold further encouraged and prayed for his fans and followers to never give up on their passion as it would sure make way for them. In Adekunle Gold’s words:

“The first time I ever traveled out of Nigeria was in 2015. Guess what took me out? One song, “Shade.” I had “Shade” and “Orente” then. And since then, I think I’ve been to 35 countries.

“I say this to say, your passion, the one thing that you love to do will make way for you. I always wanted to travel as a child but where I see the money.

“But look, I’m just praying for you guys that you find something, you know, that will take you places and if you have already found it, just keep at it. You will go places.”

Adekunle Gold

The eldest daughter of Anambra State Governor Prof. Charles Soludo,  Adaora Soludo, has tied the knot with her fiancé Arinze in a private civil ceremony held in London.

The wedding took place on July 26, 2024, in an intimate gathering attended by close family members.

Adaora, a popular fashion entrepreneur, shared stunning photos of the occasion on Instagram, expressing her elation at marrying her “best friend.”

 

Governor Soludo’s daughter, Adaora, marries in London

The couple, who announced their engagement on August 25, 2023, celebrated their union in a dreamy, family-filled celebration.

“Signed, Sealed, Delivered | 26.07.24. Married my best friend in the intimate wedding of my dreams, surrounded by family ♥️,” one of her post’s caption read.

Governor Soludo’s daughter, Adaora, marries in London

 
 
 
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Following the announcement, netizens flooded her social media with congratulatory messages, wishing the newlyweds a lifetime of happiness.

Bobrisky, the controversial crossdresser, has been released from the Kirikiri Correctional Center.

 

The social media celebrity was released on Monday morning.

In now-viral footage, she was seen inside a luxury car leaving the prison vicinity alongside two of her two friends. They were vibing to ‘Egwu’, a song by Chike and late singer Mohbad.

 

The self-proclaimed ‘Mummy of Lagos’ was also sighted in another video greeting her fans who came to welcome her.

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“Hello guys, it’s your Mummy of Lagos… I have missed you guys so much. I can’t wait to have you guys, like give you guys what you have missed,” she said.

Born Idris Okuneye, Bobrisky was sentenced to six months in prison on April 12 by Abimbola Awogboro, the Lagos high court judge, for abusing the naira.

Awogboro, in her verdict, also ruled that the sentence was without the option of a fine. The judge held that the jail term commenced on March 24, the day of her arrest.

In April, the crossdresser, who was charged with four counts of naira abuse, filed a notice of appeal challenging the six-month prison sentence.

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Bobrisky had hoped that the court of appeal would set aside the sentence and replace it with an option of a N50,000 fine on each count.

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