Economy
Apply now: MTN announces 2024 scholarship opportunities for Nigerian students, sets grade to qualify
Nigeria's telecommunications giant, MTN has announced scholarships for high-achieving students in public tertiary institutions to support their education.
Ineos drives towards hydrogen car future
At a sprawling vehicle test centre in the English countryside, a hydrogen-powered Grenadier 4x4 made by Ineos Automotive grips steep and rugged tracks, showcasing its off-road capabilities. Calder spoke from the UTAC vehicle test centre in Millbrook, a village north of London, where the hydrogen-powered vehicle quietly navigated dusty sharp bends and other obstacles.
Spotify sued over alleged unpaid royalties
Music streaming giant Spotify has been sued in a US federal court for allegedly underpaying songwriters, composers and publishers by tens of millions of dollars. "If unchecked, the impact on Songwriters and Music Publishers of Spotify's unlawful underreporting could run into the hundreds of millions of dollars."
Higher US food prices lead to a shift in shopping habits
"I don't really shop for groceries as often as I used to," said Jasmine Reed, 32, outside a store in northern Virginia, as she explained the impact of higher food prices on her shopping habits. Outside a grocery store in Falls Church, Virginia, on Friday, shoppers told AFP they had noticed an increase in the cost of everyday items in recent years -- causing some to change their buying habits.
Military spending pushes Russian economic growth up
Russia's economy grew 5.4 percent in the first quarter of 2024, official statistics published Friday showed, as President Vladimir Putin denied military spending on his Ukraine offensive was reaching unsustainable levels. On a state visit to China, Putin denied that Russia's vast military spending -- which he said had passed eight percent of GDP -- had hit unsustainable levels.
For Taiwan shoppers, China's malls only a ferry ride away
With suitcases and packages stuffed with food, alcohol and construction materials, Taiwanese shoppers make their way towards a ferry in the Chinese city of Xiamen bound for the Taipei-administered island of Kinmen. People push airport-style trolleys loaded with suitcases and large packages up a ramp and onto the ferry before taking their seats.
Rice price soars again as inflation report shows cheapest and most expensive food items
The price of rice has risen again after a decrease in April as the naira strengthened against the US dollar. Dealers have attributed the rise to high import costs.
Mercedes in Alabama to learn if they will join US union
Workers at Mercedes-Benz's Alabama business are expected to learn Friday if they will shift into a union shop, following a contentious federally-administered election. For the Mercedes workers, voting concludes Friday morning with election results expected to be released by the National Labor Relations Board (NLRB) in the afternoon.
10 most expensive states to buy food in Nigeria as prices of rice, garri increase again
The National Bureau of Statistics' latest data has revealed the states where food prices are rising at the fastest pace, making life more difficult for Nigerians.
Economy
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