By Ayomide Otitoju Union Bank has announced the first set of winners in its ongoing Save & Win Palli Promo Season 4, rewarding 360 customers with cash prizes and gift vouchers. In a statement on Monday, the bank revealed that the inaugural live draw of the season took place at its head office in Marina,…
US chipmaker Nvidia led a dramatic sell-off in technology stocks Monday, as the debut of a low-cost Chinese generative AI model threatened to disrupt American dominance in the booming AI industry. DeepSeek, a Hangzhou-based startup, has unveiled a chatbot reportedly capable of matching the performance of leading US AI systems at a fraction of their…
Fears of upheaval in the artificial intelligence (AI) sector sent shockwaves through Wall Street on Monday after the sudden rise of a ChatGPT-like model from Chinese startup DeepSeek. US President Donald Trump described the development as a “wake-up call” for Silicon Valley. DeepSeek’s latest AI model, the R1, released last week, initially garnered little attention,…
United Nations Secretary-General António Guterres has voiced concern following the United States’ decision to freeze nearly all foreign assistance under President Donald Trump’s administration. The freeze, announced in an internal memo by Secretary of State Marco Rubio on Friday, allows exceptions only for emergency food aid and military assistance to Israel and Egypt. President Trump,…
A new strain of bird flu, identified as highly pathogenic avian influenza (HPAI) H5N9, has been confirmed at a duck farm in Merced County, California, marking the first detection of this variant in poultry within the United States, the World Organisation for Animal Health (WOAH) reported. The outbreak, confirmed on January 13, led to the…
By Ayomide Otitoju The Nigerian Economic Summit Group (NESG) has appointed Wole Adeniyi, Mohamad Darwish, and Olusegun Alebiosu to its Board of Directors. The move underscores NESG’s commitment to enhancing leadership, fostering private sector collaboration, and driving economic transformation in Nigeria. Profiles of the New Board MembersWole Adeniyi – CEO, Stanbic IBTC Bank LtdAdeniyi, a…
By Ayomide Otitoju Former Anambra State Governor and politician, Peter Obi, has expressed concerns over the state of Nigeria’s democracy, stating that it is “fast losing its essence” due to widespread poverty in the country. Obi highlighted alarming statistics, noting that approximately 100 million Nigerians live in absolute poverty, while 150 million face multidimensional poverty….
By Ayomide Otitoju Popular gospel singer Mercy Chinwo has leveled serious accusations against her former manager, Ezekiel Onyedikachukwu, the founder of EeZee Conceptz, alleging financial exploitation and involvement in spreading false rumors about her son’s paternity. In a video shared on her Instagram page on Monday, the Obinasom singer accused Onyedikachukwu of diverting approximately $345,000…
A passenger aircraft’s tail caught fire at Gimhae International Airport in Busan, South Korea, late Tuesday, prompting the emergency evacuation of 176 people on board, according to Yonhap News Agency. The Air Busan flight, bound for Hong Kong, caught fire around 10:30 p.m. local time (1330 GMT). All 169 passengers and seven crew members escaped…
