Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online. Australia wants … Read more
Popular Nigerian singer, Crown Uzama, known professionally as Shallipopi, has accused Dapper Music of financial exploitation, weeks after announcing his exit from the label. Naija News reports that Shallipopi parted ways from the record label in November 2024. In a statement released on Wednesday, Shallipopi accused the label of breach of trust and mishandling his finances. … Read more
Wholesale gas-producing companies have formally notified all power generation companies of the suspension of natural gas supply. This was disclosed by the Chief Executive Officer of the Association of Power Generation Companies, Joy Ogaji, during an interview with Punch. The suspension of the gas supply is due to the non-payment of debts accrued from previous … Read more
Good morning Nigeria. Welcome to the Naija News roundup of top newspaper headlines in Nigeria for today, Thursday, 12th December, 2024 President Bola Tinubu has reaffirmed his government’s commitment to deepening the partnership between Nigeria and Germany, with a focus on energy and key sectors crucial for economic development. Speaking during a bilateral meeting with German … Read more
Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China’s economy. Seoul’s Kospi ticked higher for a third straight day, eating further into the losses sustained … Read more
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again. It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment … Read more
The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector’s equivalent of the Oscars. But no amount of glitz and glamour can put a sheen on what has been one of the worst years in the industry’s history, marked by waves of … Read more
In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal. An area called the Lithium Triangle which spills over the borders of Bolivia, Chile and Argentina is home to 60 percent of … Read more
Last week’s slaying of UnitedHealthcare executive Brian Thompson has brought renewed attention to the widespread dissatisfaction with the American health care system, even as prominent leaders have condemned the killing. Reports that the casings of the bullets fired by suspected shooter Luigi Mangione had the words “depose, deny, delay” inscribed on them prompted horror stories … Read more
The U.S. Mission in Nigeria is calling on qualified organizations to apply for a grant opportunity designed to empower talented, low-income Nigerian students to pursue their academic aspirations in the United States. This announcement, made by the Public Diplomacy Section of the U.S. Mission, underscores the United States’ commitment to fostering educational exchange and building … Read more