Loss

Blockchain enthusiast allegedly losses $500k by sending WETH to contract address

In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into existence as a way for Ether (ETH) to conform to the ERC-20 token standard so that it can be traded directly with altcoins minted on the Ethereum blockchain. To wrap Ether, users first send ETH to the WETH smart contract address and receive an equivalent token in return. However, to unwrap WETH, users must either swap for ETH on a decentralized exchange like Uniswap (UNI) or call the withdrawal function in the WETH smart contract. Instead, the anonymous Reddit user sent the WETH directly back into the WETH smart contract address in the hopes of receiving ETH back. Unfortunately for the user...

Nigerian community disturbed over looting, destruction, violence in South Africa

The Nigerian Union South Africa (NUSA) has expressed concern over the looting, destruction and violence that has trailed the incarceration of former President Jacob Zuma of South Africa. NUSA, in a statement made available to newsmen by its President, Adetola Olubajo, urged Nigerians in South Africa, most especially in various cities in Kwa Zulu Natal and Gauteng Provinces, to be vigilant and adopt safety and security measures. ‘The union is highly disturbed seeing the extent of looting, destructions and violence perpetrated by the angry protesters during our fact-finding trip to Johannesburg this morning. ‘Violent protest erupted in KZN province during the weekend after the incarceration of former President of South Africa, Jacob Zuma. Over 18 trucks were set ablaze, businesses looted and...

President Buhari orders military to crush bandits in ‘language they understand’

President Muhammadu Buhari on Saturday ordered the military to crush bandits operating in Zamfara and Kaduna in the language they understand. The president condemned repeated bandit killings in Zamfara and Kaduna States, urging the nation’s military to respond to the worrying situation in a language that the bandits understood. Buhari, in a statement issued by his spokesman, Garba Shehu noted that the military and other security agencies were now working on new methods and policies that are yielding good results in many of the troubled parts of the country. He called for a crushing response to the killing of innocent citizens in the rural communities. Buhari also averred that the nation, its military and the entire population needed to summon the courage required to defeat the bandits and ...

#EndSARS: Ogun panel recommends payment of over N218 million to victims

Ogun Governor, Prince Dapo Abiodun, has assured that he will implement the report of the State’s Judicial Panel of Investigation on Police Brutality and Extra Judicial Killings. The Governor who gave the assurance while receiving the report said its implementation was necessary towards having a peaceful society and engendering of a more robust relationship between the people and security agencies. Governor Abiodun who spoke on Friday appreciated the Panel members for their selfless efforts and contributions towards the successful completion of the task. “I believe that the implementation of this report will end the gory experience often encountered by residents of the State”, the Governor assured. The State’s helmsman added that it is important for all of us as a people and security agenci...

Igbo group urges Nigerian government to charge Nnamdi Kanu for murder

The Igbo Peace Forum (IPF) has urged the Federal Government to press charges of mass murder against the leader of the proscribed Indigenous People of Biafra (IPOB), Mr Nnamdi Kanu. The group made the call on Sunday, in Abuja, at a solidarity rally to register their support for President Muhammadu Buhari and the security agencies for their accomplishments in recent security operations in the country. The Group’s National Coordinator, Mr Emeka Okpara said Igbo citizens were concerned that certain individuals had taken up arms against constituted authority, leading to loss of lives and property of several innocent citizens. “It would be recalled that the leader of the proscribed IPOB, Kanu, who was standing trial on several charges, including treason, jumped bail, but was re-arrested recently...

South Africa’s Jacob Zuma mounts last-ditch legal fight against jail term

South Africa’s ex-president Jacob Zuma on Friday mounted a last-ditch legal bid to avoid prison after the country’s top court ordered him jailed for failing to appear before graft investigators. In a landmark ruling, the Constitutional Court on Tuesday handed Zuma a 15-month term for contempt after he snubbed a probe into the theft of state assets under his tenure. If the 79-year-old fails to turn himself in by Sunday, police will be given a further three days to arrest him and take him to jail to start the sentence. As the deadline loomed, Zuma pleaded on Friday that the order be “reconsidered and rescinded.” “It will not be futile,” Zuma said in papers filed to the court, “to make one last attempt to invite the Constitutional Court to relook its decision and to merely reassess whether it...

Imo governor presents cheques to families of deceased soldiers

Gov. Hope Uzodinma has presented undisclosed amount of money in cheques to six families of deceased soldiers who lost their lives recently while on duty in Imo. Uzodinma presented the cheques on Thursday during condolence visits to the 34th Artillery Brigade, Obinze, the 211 Regiment of the Nigerian Airforce Base, Naze, and families of deceased soldiers. Speaking during the visits, the governor pledged continuous support and commitment to the families to boost their morale and bring lasting solution to the security crisis in the state. Uzodinma, while presenting the cheques to the families and next of kin of the fallen soldiers, prayed to God to grant them fortitude to bear the loss. Earlier, the Brigade Commander, Brig.-Gen. Raymond Utsaha, expressed gratitude to Uzodinma for identifying ...

Euro 2020: Cristiano Ronaldo ‘proud’ of Portugal’s efforts after elimination

Captain Cristiano Ronaldo said on Monday he was “proud” of holders Portugal’s efforts despite bowing out of Euro 2020 after the weekend’s 1-0 last 16 loss to Belgium. “We did not get the result we wanted and we leave the competition sooner than expected,” the 36-year-old Juventus star and five-time Ballon d’or winner admitted as his side failed to match their 2016 exploits. “But we are proud of our showing. We did everything we could to retain the title of European champions and this group proved it could still give the Portuguese people much joy,” the former Manchester United and Real Madrid attacker posted on social media after Sunday’s loss. “Congratulations to Belgium and good luck to all the teams left in. As for us, we shall return stronger,” vowed the veteran who at least could cons...

Euro 2020: Matthijs de Ligt takes blame for Netherlands elimination

Netherlands defender Matthijs de Ligt said he felt he was the player to blame for his team’s Euro 2020 last-16 exit after being sent off in Sunday’s 2-0 loss to the Czech Republic. The Juventus centre-back was dismissed 10 minutes into the second half in Budapest for a deliberate handball after he was forced into an error by Czech striker Patrik Schick. As De Ligt fell to the ground he pushed the ball away from Schick to deny his opponent a goalscoring opportunity. He initially escaped with just a booking, but received a red card following a VAR review. “I had it under control. The ball came and I let it bounce. I fell to the ground and got pushed, which made me use my hands,” De Ligt told Dutch public broadcaster NOS. “The moment changed the game and I feel responsible. I saw how the guys...

Lagos traders send SOS to police, governor over planned market raid

Traders, shop owners and stakeholders operating under the aegis of Balogun Business Association (BBA) in Lagos have raised the alarm over a rumoured threat to raid their market by thugs loyal to a former chairman of the association. The aggrieved traders who addressed reporters yesterday at the Association Secretariat at the popular Lagos International Trade Fair Complex, Badagry Expressway, Ojo, alleged that credible intelligence at their disposal indicates that the planned invasion of their peaceful market would take place between Sunday, June 27 and Wednesday, July 28. Warning of imminent bloodshed of innocent traders should the alleged invasion happen, the Principal Stakeholders, recalling that similar attacks by the same person in the years 2005 and 2007 had led to the loss of lives, ...

APC group commends President Buhari, security agents for ‘decimating’ IPOB

The All Progressives Congress (APC) Legacy Awareness and Campaign has commended President Muhammadu Buhari and federal security agents for decimating separatist group Indigenous People of Biafra (IPOB). The group, in a statement issued by the quartet of Barr Ismail Ahmed, Lanre Issa-Onilu, Tolu Ogunlesi and Salihu Moh Lukman, claimed that the country will in the next few months witness even more progress on all fronts. ‘On security, the fear that has gripped the nation in recent times is receding while confidence is being renewed as the security agencies are chasing down the criminals, taking the battle to the bandits, unknown gunmen, kidnappers, and other criminal elements who have been holding the country by the jugular and turning Nigeria to a killing field,’ the group stated. ‘From the...

Lagos council boss passes on

The chairperson of Eti Osa local government, Rafiu Olatunji, has died on Monday night at his Sangotedo residence. He died from a long-term illness. Mr Olatunji is a member of the All Progressives Congress (APC) in Lagos. He is the current chairperson of Eti-Osa LCDA and also won the APC primary to run for the forthcoming July 24 election. Confirming his death to newsmen, Oluseye Oladejo, the spokesperson of APC said the party received the news of his demise with shock. “The Lagos State APC commiserates with the entire leadership and membership of our party on the shocking and untimely passage of the chairman of Eti-Osa East LCDA, Rafiu Olufunmi Olatunji. “He was a committed party man who was totally committed to the development of his Local Council Development Area. “Our heart goes to his ...

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