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US Fed holds firm against Trump pressure as divisions emerge
The US Federal Reserve kept interest rates unchanged Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers. The president, citing Wednesday's GDP figures, earlier said Powell "must now lower the rate."
First HoldCo reports 18% earnings growth, reaches N1.65 trillion in H1 2025
First HoldCo parent company of First Bank of Nigeria, reports N1.65 trillion in gross earnings for H1 2025, marking an 18% increase despite higher impairment costs.
Meta beats expectations sending share price soaring
Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year to $47.5 billion as the social media giant continues investing heavily in artificial intelligence. The results exceeded Wall Street expectations as advertising revenue climbed a stellar 21 percent to $46.6 billion.
Air India shares fuel switch findings following deadly 787 crash investigation
Air India finishes safety checks on Boeing jets as crash probe targets fuel control switches; no faults found, global aviation regulators respond.
Microsoft quarterly profits soar on AI and cloud growth
Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units. Microsoft was one of the first tech giants to double down on artificial intelligence when the launch of ChatGPT in 2022 rocked the tech industry.
2027 election: 3 strong reasons the Atiku-led coalition against Tinubu may not work
Tinubu’s 2027 challengers face hurdles: deep divisions, lack of a consensus candidate, and Tinubu’s strong political grip may derail the opposition coalition.
Yul Edochie shades opponents as he brags about his new blessing: “Make e pain una well well”
Nigerian actor Yul Edochie trended online as he spoke about the newest blessing he had acquired and how his haters felt about him, triggering reactions.
WAFCON 2025: Omotola Jalende Ekeinde's husband flies super falcons after win, shares plush pictures
Captain Jalade Ekeinde has shared lovely pictures as he flies the Super Falcons after they won the WACON. He teased his fans about what he did to them.
Tension rises in Kano amid the menace of jungle justice
Kano State residents resort to jungle justice due to perceived security lapses. Mob attacks on suspected thieves and robbers spark debate on law and order.
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