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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PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE


 


President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission


 


President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.


 


Members of the reconstituted Board are:


 


• Mulisiu Olalekan Oseni, PhD. — Chairman


 


Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.


 


His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.


 


• Yusuf Ali, PhD. — Vice Chairman


 


Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion of his first term.


 


• Mr Nathan Rogers Shatti — Commissioner


 


Mr Shatti is serving a second term as commissioner. He was first appointed in January 2017.


 


• Mr Dafe Akpeneye — Commissioner


 


Mr Akpeneye is serving a second term, having been first appointed as a Commissioner in January 2017.


 


• Aisha Mahmud Kanti Bello — Commissioner


 


Aisha Bello is serving her second term, having been first appointed as a Commissioner in December 2020.


 


• Dr Chidi Ike — Commissioner


 


Dr Ike is serving his first term, having been first appointed as a Commissioner in February 2022.


 


• Dr Fouad Animashaun — Commissioner. Dr Animashaun is serving his first term, effective December 2025.


 


He is an energy economist with extensive experience in the Nigerian power sector and most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission.


 


President Bola Ahmed Tinubu has charged the board members of NERC to deepen and consolidate the ongoing transformation of Nigeria's power sector, in strict alignment with the letter and spirit of the Electricity Act, 2023.


 


Bayo Onanuga,


Special Adviser to the President,


(Information & Strategy)


December 18, 2025

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