HACKERS STEAL $6.3 BILLION FROM BINANCE IN RECORD CRYPTO HEIST. (PHOTO).

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 Hackers steal $6.3 billion from Binance in record Crypto Heist Hackers have stolen $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in the biggest crypto heist in human history. “This was a complex attack, and we are doing all we can in coordination with law enforcement to resolve it,” Binance said in a post about the breach, which has shaken the cryptocurrency market. The cryptocurrency exchange said on Friday that deposits were unaffected and that it was working with partners to freeze some of the affected assets, with about $3 billion located so far. Withdrawals have been suspended for the next day. Binance did not mention the status of the remaining $3.3 billion, but said it will cover all losses. The cryptocurrency exchange said on Friday that deposits were unaffected and that it was working with partners to freeze some of the affected assets, with about $3 billion located so far. Withdrawals have been suspended for the next day. Binance did not mention...
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SUBSIDY REMOVAL: ORGANISED LABOUR MAKES FRESH DEMANDS AHEAD OF MEETING WITH FG.(PHOTO).

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Subsidy removal: Organised Labour makes fresh demands ahead of meeting with FG


The Nigerian Labour Congress (NLC) has threatened to boycott their meeting with the Federal Government on Monday (today) if the Minister of Labour and Employment, Simon Lalong, shows up.


The labour bodies are expected to meet again with the federal government to review the implementation of the Memorandum of Understanding they signed on subsidy removal palliatives.


Ahead of the meeting, the organised labour also lamented the devastating impact of the forex crisis on the economy and demanded urgent stabilisation of the naira.


The NLC President, Joe Ajaero, released a statement on Sunday, blaming government officials’ for the free fall of the nation’s currency.


In a statement titled, “Urgent action to stabilise the naira amidst alarming depreciation,” the NLC president said the repercussions of the weakened currency would be felt by workers and the masses.


He said, “Hopefully, we may meet tomorrow (today) with the federal government to see whether the agreement with organised labour on the fuel subsidy removal palliatives was met or not.


“If that meeting is to be held, it will be without the Minister of Labour and Employment (Simon Lalong) because we will not be part of any meeting with the federal government that the minister of labour and employment will attend.


“You will recall that the decision we had on the National Union of Road Transport Workers was that all parties, including the police should leave the premises, pending the resolution of the dispute but that did not happen. Therefore, any meeting we will have with the federal government, the minister of labour and employment will not be part of it.”
 

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