The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has thrown its full support behind the Federal Executive Council’s recent decision to continue the implementation of the Naira-for-Crude policy—an initiative the association believes could mark a major turning point for the country’s energy landscape. Speaking with journalists in Abuja, PETROAN’s National Public Relations Officer,…
Artificial intelligence is transforming the world at lightning speed — and it’s taking our power grids along for the ride. According to a new report from the International Energy Agency (IEA), global electricity consumption by data centers is set to more than double by 2030, fueled largely by the massive energy demands of AI technologies….
In a staggering and long-awaited move toward justice, Los Angeles County has agreed to pay a record-breaking $4 billion to settle thousands of sexual abuse claims involving children in its care—marking what could become the largest settlement of its kind in U.S. history. Announced Friday, the agreement aims to compensate nearly 7,000 survivors who were…
In a new twist to the ongoing TikTok saga, President Donald Trump announced on Friday that he is extending the deadline for the popular video-sharing app to secure a non-Chinese buyer—or face a complete ban in the United States. Posting on his social media platform, Truth Social, Trump said: “A transaction requires more work to…
Japan is doubling down on its efforts to reclaim its position in the global semiconductor industry, announcing an additional $5.4 billion in funding for chip-making venture Rapidus. The latest investment, revealed by Japan’s industry ministry on Monday, brings total government support for the company to 1.7 trillion yen ($11.4 billion). Rapidus, a consortium backed by…
Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X. The all-stock deal values xAI at a staggering $80 billion, while X is valued at $33 billion. Both companies, privately owned and controlled by Musk, share a roster of high-profile investors, including Andreessen Horowitz, Sequoia Capital, Fidelity…
Mark Zuckerberg, CEO of Meta, has officially secured a spot among the world’s top three billionaires for the first time, with an astonishing net worth of $242 billion. According to the Hurun Global Rich List 2025, the 40-year-old tech mogul saw his fortune skyrocket by 53%, adding $84 billion over the past year. This surge…
Prince Harry has officially resigned as patron of Sentebale, the charity he co-founded nearly two decades ago in honor of his mother, Princess Diana. The decision follows an intense boardroom conflict that has led to a major shake-up within the organization. Founded in 2006 alongside Prince Seeiso of Lesotho, Sentebale was established to support young…
Meta, the parent company of Facebook and Instagram, is reportedly considering offering a subscription model for users in the UK who prefer an ad-free experience. According to a report by the BBC, the tech giant is exploring this option following the success of its ad-free subscription service in the European Union (EU). Meta’s contemplation of…
Tesla’s dominance in the European electric vehicle (EV) market took a hit in February, as new data from research platform JATO Dynamics—published by Reuters on Monday—revealed a sharp decline in the company’s sales. Tesla fell behind Volkswagen and the BMW Group in EV sales, while Chinese automakers collectively outperformed the American EV giant in the…
