It was another sad story in the National Assembly as Senate Okey Ezea, the last man standing in the Labour Party, has reportedly died outside the country.
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
The Netherlands has suspended its proposed takeover of Chinese-owned chip maker Nexperia in a sign of "good will" towards Beijing, Dutch Economy Minister Vincent Karremans said Wednesday. On Wednesday, Karremans said that "in light of recent developments, I consider it the right moment to take a constructive step by suspending my order under the Goods Availability Act regarding Nexperia".
Gaming giant Roblox Corp says it will roll out compulsory facial recognition or ID checks from next month for players wanting to access its chat features. "Age checks are completely optional; however, features like chat will not be accessible unless the age check is complete," said Roblox, whose platform allows players to create their own online gaming worlds.
The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the start of October. - Bitcoin lost one quarter of its value between striking the early October record and falling under $90,000 on Tuesday.
South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries and to tackle global inequalities as the United States boycotts the event.
Asian investors battled Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and uncertainty over US interest rates. Also in sight this week is the planned release of key US data, particularly on jobs creation, which will be closely read over for an idea about the Fed's plans for interest rates.
India's $60-billion Bollywood industry is facing a deepening credibility crisis, as insiders warn that manipulated film reviews and inflated box office numbers are distorting public perception, ultimately hurting ticket sales. Experts warn that falsifying box office data has lasting consequences, from inflated star salaries to shrinking opportunities for new talent.
Researchers warned Wednesday that rising global consumption of ultra-processed foods (UPFs) poses a major threat to health, calling for countries to subject some products made by huge food companies to marketing restrictions and taxes.
A US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and Whatsapp did not constitute an illegal monopoly in social media.
A new mega data centre is slated to rise in a rural stretch of eastern Germany in what backers hope is a starting point for a European AI sector that can compete with the United States and China. "It's certainly a step in the right direction," said Barbara Engels, a researcher at the Cologne Institute for Economic Research, "but we're still far behind the United States and China".
Economy
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