META TO END END-TO-END ENCRYPTION FOR INSTAGRAM DIRECT MESSAGES. (PHOTO).

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 Meta to end end-to-end encryption for Instagram direct messages Meta is ending end-to-end encryption for Instagram direct messages, a feature the company says will no longer be available after May 8, 2026. Unlike WhatsApp, Instagram never offered encryption to all users or as a default; only select users in certain regions could opt in on a per-chat basis. A Meta spokesperson explained that the decision comes due to low adoption. “Very few people were opting in to end-to-end encrypted messaging in DMs, so we’re removing this option from Instagram in the coming months,” the spokesperson said. “Anyone who wants to keep messaging with end-to-end encryption can easily do that on WhatsApp.” Meta’s messaging strategy has shifted multiple times over the years. WhatsApp chats have been encrypted since 2016, and the company began rolling out default encryption for Messenger in 2023. However, Meta has not clarified whether the Instagram decision affects Messenger, which is still in the proc...

2025 BUDGET: EDUN HIGHLIGHTS INCREASED OIL PRODUCTION AND OTHER FACTORS TO BOOST REVENUE. (PHOTO).

 


2025 Budget: Edun Highlights Increased Oil Production and Other Factors to Boost Revenue


The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has projected a positive economic outlook for Nigeria in 2025, driven by increased revenue and strategies to address past economic challenges.


Edun shared this optimistic forecast while presenting the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the House of Representatives on Monday.


Speaking before the House Committee on National Planning and Economic Development, chaired by Rep. Ibrahim Ayokunle Isiaka, Edun highlighted that market reforms, including adjustments in foreign exchange policies, are reducing inefficiencies that had previously hindered economic growth. He noted that such reforms are helping eliminate losses of up to 5% of GDP, which were previously caused by inefficiencies benefiting only a few.


He further emphasized that the projected increase in revenue for 2025 would help reduce the reliance on borrowing and debt servicing, thus promoting competitiveness and sustainable growth. "The expected new borrowing of ₦9.3 trillion and a debt service of about ₦2 trillion reflect challenges, but also present opportunities for growth," Edun said.


Edun expressed confidence that the revenue targets for 2025 would contribute to inclusive and sustainable economic growth.


Rep. James Abiodun Faleke, Chairman of the House Committee on Finance, stressed the importance of monitoring the revenue performance of the 2024 budget as a basis for the upcoming 2025 budget. He called for reports from agencies on their revenue generation and expenditures over the past 11 months.


The Committee also directed the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, to appear before it on Tuesday, December 10, 2024, after his representative was rejected. Rep. Faleke emphasized the need for accountability and timely reporting from all government agencies to ensure budget alignment and improved fiscal management.

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