Phoebe Gates, daughter of Microsoft co-founder Bill Gates, is facing growing scrutiny after her shopping startup, Phia, was accused of using software features that allowed it to claim commissions from online sales it did not actually generate. Phia, an AI-powered shopping assistant co-founded by Gates and Sophia Kianni, earns money through affiliate commissions when shoppers…
China’s central bank has injected 348 billion yuan, roughly $52 billion, into the country’s banking system, marking the first time the People’s Bank of China (PBOC) has used overnight reverse repos for a mid-month liquidity operation. The move, carried out on Friday, August 14, comes as Chinese financial institutions face increased liquidity demands around the…
The Nigeria Police Force has released dedicated emergency and complaint hotlines for residents and stakeholders ahead of the Osun State governorship election scheduled for Saturday, August 15, 2026. The police urged members of the public to use the designated contacts to report emergencies, security threats and other election-related incidents during the electoral process. For election-related…
Nigerian music star Crown Uzama, popularly known as Shallipopi, has accused music executive Dapper Music of withholding royalties from 46 of his songs, claiming the outstanding earnings are worth more than $1 million. The singer made the allegations on Friday through posts on X, as a growing dispute between the artiste and his former music…
Former Vice-President Atiku Abubakar has filed a legal action against President Bola Ahmed Tinubu over an alleged forgery of his National Youth Service Corps (NYSC) discharge certificate, asking the Federal High Court in Abuja to disqualify the president from contesting the 2027 presidential election. Atiku, who is expected to contest the 2027 election under the…
The United States Mission in Nigeria has appointed Brandon Hudspeth as the new US Consul General in Lagos, where he will serve as the senior US government representative across 17 states in southern Nigeria. Hudspeth takes over from Rick Swart, who retired from the US Foreign Service in July. His appointment marks a return to…
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…
