SpaceX Lowers IPO Valuation Target to $1.8 Trillion Ahead of Historic Public Offering

SpaceX has reportedly reduced its target valuation for its highly anticipated initial public offering to at least $1.8 trillion, down from an earlier estimate that exceeded $2 trillion, according to a Bloomberg report citing sources familiar with the discussions. Despite the lower target, the Elon Musk-led company is still preparing for what could become the…

NDLEA Uncovers 498kg of Cannabis Hidden Inside Edo Shrine, Launches Manhunt for Suspected Drug Baron

The National Drug Law Enforcement Agency has uncovered 498 kilograms of skunk cannabis allegedly hidden inside a shrine in Edo State, in what officials described as a major breakthrough in the fight against drug trafficking in the region. The discovery was made during a coordinated operation carried out by NDLEA operatives in Igwe Community, located…

Uber Executive Questions Rising AI Spending Despite Company’s Heavy Reliance on Artificial Intelligence

Uber has built much of its modern business model around artificial intelligence, using AI systems to determine ride prices, optimize travel routes, predict demand patterns, and improve overall platform efficiency. However, one of the company’s top executives is now raising concerns about whether the growing cost of AI investment is delivering enough measurable value to…

Nigeria to Become World’s Fifth-Richest Economy Within 50 Years —ECOWAS Predicts

Economic Community of West African States has projected that Nigeria could emerge as the world’s fifth-richest country within the next 50 years if ongoing economic reforms and regional trade expansion continue successfully. The prediction was made during the ECOWAS parliamentary session held in Abuja, where the bloc’s Commissioner for Economic Affairs and Agriculture, Kalilou Sylla,…