Money may be obsolete by 2036 — Elon Musk
Tech billionaire Elon Musk has predicted that money could lose much of its importance by 2036 as advances in artificial intelligence and robotics transform the global economy. Speaking during an interview with The Economist Editor-in-Chief, Zanny Minton Beddoes, Musk argued that AI could create such an abundance of goods and services that traditional economic systems would be fundamentally reshaped. “Money won’t...
Trump quips about third presidential term
U.S. President Donald Trump joked about seeking a third term in office during his remarks at the White House Correspondents' Dinner, telling attendees that each of his presidencies would be better than the last before clarifying that he was not serious. Speaking at the rescheduled annual event on Friday, Trump quipped: “Just like my presidency, the second time is always...
Troops recover bicycles, supplies as terrorists flee Borno operation
Troops of Operation HADIN KAI, working alongside local hunters, have recovered bicycles and other logistics items after suspected Boko Haram terrorists fled during a clearance operation in Askira Uba Local Government Area of Borno State. Security sources said the operation took place at about 5 p.m. on July 24 when troops of the 115 Task Force Battalion, supported by local...
Kano unveils mega digital market to boost regional trade, create 100,000 jobs
The Kano State Government and private investors have inaugurated the Hajaj-ZOEC Digital Market, a landmark commercial project expected to transform electronics trade in Northern Nigeria, create over 100,000 jobs and generate an estimated ₦50 billion in annual revenue. The market, commissioned on Saturday at the former Luxurious Bus Park along New Road in Tudun Wada, Sabon Gari, was developed through...
Arsenal mull deal for Real Madrid’s Vinicius Jr amid interest in Alvarez
Premier League champions Arsenal are looking into a potential deal for Brazil and Real Madrid winger Vinicius Junior. There has been no club-to-club contact, but the interest is real, according to Sky Sports. Vinicius Jr, 26, is one of a number of forward targets Arsenal are exploring, with Julian Alvarez, Yan Diomande, and Bradley Barcola also players of interest. The Brazilian international...
Al-Mustapha dismisses ex-DSS officer’s account of Abacha’s death
Former Chief Security Officer to the late Head of State, Gen. Sani Abacha, Maj. Hamza Al-Mustapha (retd.), has rejected claims made by former Department of State Services operative, Dennis Amachree, regarding the circumstances surrounding Abacha’s death. Speaking to journalists on the sidelines of the 3rd General Hassan Usman Katsina Memorial Conference at Arewa House in Kaduna on Saturday, Al-Mustapha described...
NGX records N2.532trn as investors transact 4.433bn shares in one week
The Nigerian Exchange Limited (NGX) sustained its bullish momentum during the week, with investors gaining N2.532 trillion as the equities market closed higher. Market data released by the NGX showed that the All-Share Index (ASI) rose by 1.60 per cent to 247,357.40 points from 243,462.13 recorded in the previous week. The market capitalisation advanced by 1.61 per cent to N159.588 trillion...
Lagos seals over 20 properties for planning violations
The Lagos State Government has sealed more than 20 properties in Ikeja Local Government Area over violations of the state's physical planning regulations. The enforcement exercise was carried out by the Lagos State Physical Planning Permit Authority as part of efforts to ensure compliance with planning laws and promote orderly urban development. According to a statement issued by the state government...
Why officials won’t engage bandits, Boko Haram like Niger Delta militants — Gumi
Controversial Islamic cleric, Sheikh Ahmad Gumi, has questioned why government officials have not engaged Boko Haram insurgents and armed bandits through dialogue, drawing parallels with past peace efforts involving Niger Delta militants. In a Facebook post on Saturday, Gumi recalled how former President Goodluck Jonathan and former Vice President Yemi Osinbajo visited militant camps in the Niger Delta as part...
FG begins review of VAT exemptions, sets up panel for 2026 tax order
The Federal Government has begun a review of Value Added Tax (VAT) exemptions and zero-rated supplies under Nigeria’s new tax regime with the inauguration of an inter-ministerial committee to prepare the 2026 VAT Modification Order. The initiative is aimed at supporting the implementation of the Tax Reform Acts, which took effect on January 1, 2026, by providing greater clarity for...
