SpaceX Lowers IPO Valuation Target to $1.8 Trillion Ahead of Historic Public Offering

SpaceX has reportedly reduced its target valuation for its highly anticipated initial public offering to at least $1.8 trillion, down from an earlier estimate that exceeded $2 trillion, according to a Bloomberg report citing sources familiar with the discussions. Despite the lower target, the Elon Musk-led company is still preparing for what could become the…

NDLEA Uncovers 498kg of Cannabis Hidden Inside Edo Shrine, Launches Manhunt for Suspected Drug Baron

The National Drug Law Enforcement Agency has uncovered 498 kilograms of skunk cannabis allegedly hidden inside a shrine in Edo State, in what officials described as a major breakthrough in the fight against drug trafficking in the region. The discovery was made during a coordinated operation carried out by NDLEA operatives in Igwe Community, located…

Uber Executive Questions Rising AI Spending Despite Company’s Heavy Reliance on Artificial Intelligence

Uber has built much of its modern business model around artificial intelligence, using AI systems to determine ride prices, optimize travel routes, predict demand patterns, and improve overall platform efficiency. However, one of the company’s top executives is now raising concerns about whether the growing cost of AI investment is delivering enough measurable value to…

Nigeria to Become World’s Fifth-Richest Economy Within 50 Years —ECOWAS Predicts

Economic Community of West African States has projected that Nigeria could emerge as the world’s fifth-richest country within the next 50 years if ongoing economic reforms and regional trade expansion continue successfully. The prediction was made during the ECOWAS parliamentary session held in Abuja, where the bloc’s Commissioner for Economic Affairs and Agriculture, Kalilou Sylla,…

Italy Issues First Red Heatwave Alert of the Year as Europe Faces Rising Temperatures

Italy has issued its first red heatwave alert of the year, warning of potentially dangerous temperatures as an unseasonal heatwave continues to sweep across parts of Europe. The alert was declared by Italy’s health authorities for several major cities, including Rome, Florence, Bologna, Brescia, and Turin. Officials said the warning is issued when heat conditions…

Anthony Gordon Arrives Barcelona in €80m Deal After Breakout Season at Newcastle

Anthony Gordon is reportedly on the verge of completing a high-profile transfer to FC Barcelona after arriving in Spain for medical tests following an agreement with Newcastle United F.C.. The 25-year-old England international winger is said to be part of a deal worth around £80 million, structured as £70 million upfront with additional performance-related add-ons…

Two Minnesota Residents Arrested Over Alleged $21 Million Medicaid Fraud Scheme

United States Department of Homeland Security has announced the arrest of two Minnesota residents accused of orchestrating a massive healthcare fraud scheme that allegedly stole more than $21 million from American taxpayers through fraudulent Medicaid claims. According to authorities, U.S. Immigration and Customs Enforcement Homeland Security Investigations officers in St. Paul arrested Shamso Ahmed Hassan…

Former Senior CIA Official Arrested After FBI Finds $40 Million Worth of Gold Bars in Virginia Home

A former senior official linked to the Central Intelligence Agency has been arrested after Federal Bureau of Investigation agents reportedly discovered hundreds of gold bars worth more than $40 million inside his Virginia residence. The suspect, identified as David Rush, is facing charges related to the alleged theft of public funds following an extensive investigation…

Sowore Pushes for ₦500,000 Minimum Wage, Says Nigerian Workers Deserve Better Living Standards

Omoyele Sowore has called for a ₦500,000 minimum wage for Nigerian workers, insisting that the current economic realities in the country demand significantly better salaries for public servants and workers across essential sectors. The human rights activist and former presidential candidate of the African Action Congress made the statement on Wednesday while advocating improved welfare…