The Economic and Financial Crimes Commission (EFCC) has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil Limited, with the funds paid to a consortium of lenders as part of efforts to resolve the company’s outstanding debt. The repayment followed a structured agreement reached between Nestoil and its creditor banks during…
Savannah James, the wife of NBA superstar LeBron James, has recounted an incident at an Hermès store in Italy where she says a sales associate initially refused to serve her despite having a scheduled appointment. According to Savannah, the incident took an unexpected turn after the luxury fashion house discovered her identity. Savannah reportedly said…
A severe shortage of fertilizer could trigger a global food supply crisis as early as next year, according to a warning from JPMorgan, as rising demand and disruptions to supply chains put increasing pressure on agricultural markets. The bank’s warning highlights a major vulnerability in the global food system: unlike crude oil, fertilizer has no…
Former Kaduna State Governor Nasir El-Rufai has filed a fresh ₦10 billion lawsuit against the Independent Corrupt Practices and Other Related Offences Commission (ICPC), escalating the legal battle between the former governor and the anti-corruption agency. The suit, filed before the Federal High Court, challenges actions allegedly taken by the ICPC against El-Rufai. The former…
American actress Hayden Panettiere, best known for her roles in Heroes and Nashville, has died at the age of 36. Panettiere’s death was confirmed by her representative in a statement issued on behalf of her family. Her father, Skip Panettiere, described her as an “incredible light” who brought love and joy to her family, friends…
Johnny Depp could be returning as Captain Jack Sparrow in the highly anticipated sixth instalment of Pirates of the Caribbean, giving fans fresh hope of seeing the iconic character back on screen. The latest update comes from franchise producer Jerry Bruckheimer, who confirmed that he is currently in discussions with Depp while work continues on…
SpaceX has completed its $60 billion all-stock acquisition of Anysphere, the company behind AI coding platform Cursor, bringing one of the fastest-growing names in AI software under Elon Musk’s space and technology empire. The transaction, which closed on August 14, makes Cursor a wholly owned subsidiary of SpaceX and ranks among the largest acquisitions of…
Nigerian singer Shallipopi has intensified his allegations against music executive Damilola “Dapper” Akinwunmi, accusing him of allegedly forging his signature to enter into music distribution agreements without his consent. The singer claimed that his original agreement with Dapper in 2023 was strictly a management deal, but alleged that the music executive later used a forged…
The Dangote Petroleum Refinery has reduced its depot price for Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to ₦950 per kilogram, offering potential relief to Nigerian households and businesses facing elevated energy costs. The latest reduction was reported on August 14, with the refinery’s new LPG price adding to a series of price…
Alibaba’s Qwen artificial intelligence models have surpassed 3 billion global downloads in just six months, propelling the Chinese technology giant’s AI family ahead of models from Meta and Google in the open-model space. The milestone makes Qwen the world’s most downloaded AI model family, according to figures reported from Hugging Face’s latest analysis of open…
