Ovie Omo-Agege resigns from APC, citing a need for effective representation. The former Deputy Senate President commits to public service beyond party lines.
Nigeria and the World Bank cancel $717.7m in funds for electricity reforms, raising concerns over ongoing power supply crises and future infrastructure investments.
Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. Overall, Japan's core inflation rate slowed to 3.3 percent in June from 3.7 percent in May, the data from the internal affairs ministry showed.
The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry. House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins -- cryptocurrencies pegged to stable assets like the US dollar or US bonds.
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business. Netflix shares have surged approximately 40 percent year-to-date as investors have responded positively to the company's shift toward profitability.
Juul Labs said Thursday that the US Food and Drug Administration had officially authorized the e-cigarette maker to market its vaping system and refill capsules in the United States. The FDA's action on Thursday "confirms that these products are now authorized to remain on the market," said a Juul spokesman. elm-jmb/sst
The Lekki-Epe corridor first implemented the e-callup system in September 2024, but after some protests, it was suspended because of the pricing.
Labour Party presidential candidate Peter Obi regarding SABMiller Breweries has been countered by Chukwuma Soludo led government on its tax payers claim.
Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal. The shareholders in the lawsuit alleged that the board members conspired to pay more to the US government in exchange for ensuring that Zuckerberg would not be named personally for wrongdoing in the settlement.
Content moderators at the German branch of social media giant TikTok sounded the alarm Thursday about what they say is a plan to replace them with artificial intelligence, potentially putting platform users at risk.
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