Prescription drug prices in the United States have recorded their sharpest annual decline in more than six decades, offering a rare sign of relief for consumers even as broader healthcare costs continue to rise. Prices for prescription drugs fell 3.1 per cent in the 12 months through July 2026, marking the steepest year-on-year decline since…
Nigeria and the United States are holding high-level discussions in Washington on security and religious freedom, following the Trump administration’s designation of Nigeria as a “Country of Particular Concern” over concerns about religious freedom. The talks bring Nigerian and US officials together at a sensitive time for bilateral relations, with security challenges and the protection…
Cryptocurrency exchange Gemini, founded by billionaire twins Cameron and Tyler Winklevoss, has reported its fourth consecutive quarterly loss, highlighting continued financial pressure on the company despite strong growth in revenue. Gemini recorded a net loss of $107.7 million for the quarter, while revenue increased 37 per cent to $45.5 million. The results show that the…
The Edo State Government has criticised Afrobeats star David Adeleke, popularly known as Davido, over his appeal to United States President Donald Trump concerning the forthcoming Osun State governorship election. Edo State Commissioner for Information and Strategy, Prince Kassim Afegbua, made the remarks on Thursday during a press briefing in Benin City. Afegbua urged the…
The management of Abia State University (ABSU) has suspended a lecturer in the Department of Economics, Professor Nnamdi Nwaeze, following social media posts in which he raised concerns over the salaries and working conditions of academic staff at the institution. The university announced the suspension with immediate effect in a statement issued on Thursday by…
The Association of Real Estate Developers of Lagos State (AREDOLS) has petitioned the Lagos State House of Assembly over what it described as the Lagos Waste Management Authority’s (LAWMA) misclassification of construction materials as waste. The developers are asking the lawmakers to intervene and direct LAWMA to stop imposing levies and penalties on materials they…
Nearly half of Nigerian households experienced a major economic setback over the past year, with job losses, business closures and difficulties finding employment affecting 45.3 per cent of households, according to a new report by SBM Intelligence. The finding comes from SBM Intelligence’s latest report, “Six Zones, One Crisis: What Nigerians Say About Jobs, Skills…
Ecuadorian police have seized 469 kilograms of cocaine hidden inside a truck near the country’s border with Colombia, with the packages carrying stickers featuring the image of Norwegian football star Erling Haaland. The seizure was made during an anti-narcotics operation near Guagua Negro, close to the border city of Tulcán, following an anonymous tip about…
The United States Securities and Exchange Commission (SEC) has postponed a meeting that was expected to advance its proposed Regulation Crypto framework, delaying a closely watched step in the agency’s efforts to establish clearer rules for digital assets. The SEC had scheduled the meeting for Friday, August 14, with a single agenda item focused on…
The Independent National Electoral Commission (INEC) has commenced the distribution of sensitive election materials to the 30 local government areas of Osun State ahead of Saturday’s governorship election. The exercise began on Thursday night under the supervision of the Osun Resident Electoral Commissioner, Mrs Oluwatoyin Babalola, as the electoral commission moved to ensure that materials…
