Google’s parent company, Alphabet Inc., has officially disclosed that its investment in SpaceX is now worth an estimated $94 billion, highlighting one of the most successful corporate investments in recent history. The revelation was made in Alphabet’s second-quarter Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC), marking the first time the technology…
A Federal High Court in Lagos is set to decide on Friday, July 24, whether the National Drug Law Enforcement Agency (NDLEA) can destroy a massive clandestine methamphetamine laboratory uncovered in a remote forest in Ijebu East Local Government Area of Ogun State. The application will be determined by Justice Musa Kakaki, who fixed the…
The Nigeria Civil Aviation Authority (NCAA) has warned that it may suspend the operations of Royal Air Maroc in Nigeria over what it described as repeated violations of consumer protection regulations and the airline’s alleged poor treatment of Nigerian passengers. The warning was issued on Thursday by the NCAA’s Director of Public Affairs and Consumer…
Nigeria’s First Lady, Senator Oluremi Tinubu, has announced a ₦2 billion donation to the Abia State Government to support the growth and preservation of Akwete fabric, one of Nigeria’s oldest and most treasured handwoven textiles. The announcement was made during her visit to Akwete in Ukwa East Local Government Area of Abia State, where she…
Air Peace and Etihad Airways have entered into a new interline agreement aimed at improving air travel between Nigeria, West and Central Africa, and the United Arab Emirates. The partnership will allow passengers to book seamless journeys across both airlines on a single ticket, significantly expanding travel options across the region. The agreement, announced in…
A High Court in Calabar, Cross River State, has sentenced John Sunday Eyo to life imprisonment after convicting him of r@ping a 16-year-old girl. The judgment was delivered on Tuesday, July 21, 2026, by Justice Blessing Egwu, who found the defendant guilty of the offence after considering the evidence presented during the trial. The conviction…
Femi Otedola has significantly strengthened his position in First HoldCo Plc after a company linked to him acquired shares worth ₦77.6 billion in one of the largest single transactions recently recorded on the Nigerian Exchange (NGX). According to a share dealing notification dated July 22, 2026, and made available by Channels Television, Calvados Global Services…
Senate Republicans have released a revised draft of the proposed Crypto Clarity Act, reigniting debate in Washington over cryptocurrency regulation, ethics and investor protection. The updated legislation aims to establish a clearer legal framework for the digital asset industry, but it has already drawn strong criticism from Senate Democrats. Senator Elizabeth Warren, the ranking member…
British Prime Minister Andy Burnham has approved the continued use of selected UK military bases by the United States for defensive military operations related to the ongoing conflict with Iran, according to a Bloomberg report citing government sources. The decision reportedly allows American aircraft to continue operating from the Diego Garcia military base in the…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that it uncovered 908 suspected ghost workers across at least 50 federal Ministries, Departments and Agencies (MDAs), recovering approximately ₦942 million in salaries allegedly paid fraudulently. Speaking on the findings of the commission’s nationwide payroll verification exercise, ICPC Chairman, Musa Adamu Aliyu (SAN),…
