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2027: Lagos group endorses Tinubu’s top minister as APC candidate for guber race, details emerge
The League of Concerned Lagosians (LCL) has endorsed Dr. Tunji Alausa, Minister of State for Education, as its preferred candidate for the 2027 Lagos election.
Brazil central bank hikes interest rate as Lula's woes mount
Brazil's central bank on Wednesday hiked its key interest rate to 13.25 percent in more bad news for leftist President Luiz Inacio Lula da Silva's government, which is struggling to curb high inflation. The interest rate decision was the first taken under the leadership of new central bank chief Gabriel Galipolo, appointed by Lula, who has fiercely opposed higher interest rates.
Breaking: PDP crisis deepens as members reportedly attack Ude-Okoye, force him out of BoT meeting
Chaos erupted at the PDP National Headquarters, Wadata Plaza, Abuja, on Tuesday during the party’s Board of Trustees (BoT) meeting, sparking heightened tensions.
Meta posts big profit, plans massive AI investment
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead. The company expanded its workforce by 10 percent to 74,067 employees in 2024, with plans for further growth in technical roles focused on AI development and infrastructure.
Tesla results miss estimates, citing lower vehicle prices
Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. "With the advancements in vehicle autonomy and the introduction of new products, we expect the vehicle business to return to growth in 2025," Tesla said.
Obesere at 60: Singer gives band members land, house on his birthday, "This is really huge"
Obesere has given some of his band members a house and land on his 60th birthday. He called them to the stage, and they were excited about the good news.
Microsoft profit rises but cloud business misses mark
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion and the amount of money taken in by its "intelligence cloud" unit climbed to $25.5 billion but the market had expected more.
After its airplane crash-lands in Nigeria, Max Air breaks silence, shares what happened
Max Air confirmed a crash landing at Mallam Aminu Kano International Airport. All passengers were safely evacuated, and an investigation is underway.
Two African countries that exempted Nigeria from its visa-free program
Seychelles and Ethiopia have exempted Nigeria from their visa-free travel programs, raising concerns about security, economic, and diplomatic implications.
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