The ruling APC has announced the seventh governor of PDP has dumped the party and joined its folds, now controlling second geopolitical zone in Nigeria.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Lagos State has launched Fortified Eko Rice and commissioned advanced fortification equipment at the Imota Rice Mill to boost food and nutrition security.
Europe's embattled auto industry and its backers are ramping up pressure on the EU to relax its planned 2035 ban on new petrol and diesel car sales -- hoping for a decision by year end. "If we abandon the 2035 target, forget about European battery plants," President Emmanuel Macron warned after an EU summit in October.
Netflix faced fierce criticism on Friday over its blockbuster deal to acquire Warner Bros., the storied Hollywood studio. The deal's biggest loser may be Warner Bros. competitor Paramount Skydance, the Hollywood studio owned by Larry Ellison, one of the world's richest people and a close ally of US President Donald Trump.
US consumer pricing and sentiment reports released Friday pointed to lingering questions about affordability as the calendar moves towards the peak of the festive season. The data did not significantly move the US stock market on Friday.
Senator Oluremi Tinubu has provided financial support to 9,500 persons with disabilities (PWDs) nationwide, with each beneficiary receiving N200,000.
The Nigerian currency, the naira, has depreciated in the foreign exchange market as fresh dollar demand pushed the local currency into further volatility.
Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information. The announcement comes as artificial intelligence companies, including ChatGPT and Google's Gemini, increasingly move to incorporate live web content and news feeds.
Streaming giant Netflix said Friday it will buy film and television studio Warner Bros. The parent company of HBO, CNN and the Warner Bros film studio officially put itself up for sale in October after receiving multiple unsolicited offers, setting aside a planned split into two separate entities -- one focused on streaming and studios, the other on traditional cable networks.
Streaming giant Netflix has agreed to acquire film and television studio Warner Bros. The acquisition, which gives Netflix access to a vast film catalog as well as the prestigious streaming service HBO Max, is the largest consolidation deal in the entertainment industry since Disney's $71 billion acquisition of Fox in 2019.
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