Cheaper Vehicles: Tesla Profit Plunges 55%, As Shares Bounce
Amid fierce competition in the electric vehicle market, Tesla has reported a 55 percent drop in profit even as shares rallied on plans to accelerate the production of more affordable models. Africa Today News, New York reports that the Austin, Texas-based company on Tuesday reported profits of $1.1bn in the first quarter, down from $2.51bn […]
Tinubu Determined To Pull Nigerians Out Of Poverty – Shettima
Nigeria’s Vice President, Kashim Shettima has declared that the administration of President Bola Tinubu will not back down on its avowed commitment to improving the quality of life of the average Nigerian to uplift them from poverty. According to him, this has been demonstrated in some of the policies and programmes planned by the government, […]
US Senate Moves To Ban TikTok In Fresh Bill
The Senate of the United States has okayed a controversial landmark bill that could see TikTok banned in America, Africa Today News, New York reports. The new bill essentially gives TikTok’s Chinese owner, ByteDance, nine months to sell its stake or the app will be blocked in the United States. The bill will now be […]
I Would Resign If Yahaya Bello Is Not Prosecuted – EFCC Boss
The Chairman of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has sworn to follow the prosecution of former Kogi State Governor, Yahaya Bello, to a logical conclusion. Speaking with journalists at the EFCC Headquarters in the Jabi area of Abuja on Tuesday, the anti-graft chairman vowed to resign as EFCC […]
Ruthless Arsenal Destroys Chelsea To Keep Title Charge Alive
Kai Havertz and Ben White both grabbed braces on Tuesday night as Arsenal thrashed Chelsea 5-0 to surge ahead in the Premier League title race and ramp up the pressure on Liverpool and Manchester City. Leandro Trossard was also on the scoresheet for the Gunners, who moved three points clear of Liverpool and four of […]
‘Donald Trump Is A Core Racist’ – John Legend
American superstar John Legend has described as a “tried-and-true, dyed in the wool racist,” a former United States president, Donald Trump. He emphasised that Trump had previously prohibited Black people from using his facilities, claiming that he had always had racist inclinations even before he was elected as the 45th President of the United States. […]
Again EU Threatens To Ban TikTok, Gives Reasons
The European Union (EU) has threatened to ban a new service launched by TikTok in the continent over a series of policies that it wasn’t comfortable with. The Union pointed out that it believes that the new service could be “as addictive as cigarettes.” It called on the TikTok company to offer “compelling” fresh evidence […]
Again Rivers State Assembly Vetoes Fubara On LGA Chairmen Law
Political tension could be hitting up in Rivers as the Rivers State House of Assembly has once again vetoed Governor Siminalayi Fubara and enacted an amendment to the State Local Government Law. Africa Today News, New York reports that the latest veto is coming on the heels of five previous vetoes during which the Assembly […]
Tinubu To Depart Today For Netherlands, Saudi Arabia
President Bola Tinubu will today (Tuesday), depart Abuja for the Kingdom of the Netherlands on an official visit, Africa Today News, New York reports. The President will also attend the World Economic Forum (WEF) meeting scheduled for April 28-29 in Riyadh, Saudi Arabia. Presidential spokesman, Ajuri Ngelale, in a statement on Monday, said, “On the […]
Bobrisky Begs Appeal Court To Convert Imprisonment To Fine
Recently jailed controversial cross-dresser, Idris Olanrewaju Okuneye, popularly known as Bobrisky, has appealed against the six-month imprisonment imposed on him by the Federal High Court in Lagos which convicted him of charges of abuse of Naira. Bobrisky is praying for the Court of Appeal to reduce the six-month incarceration to an N50,000 fine for each […]
10 Die As Navy Helicopters Collide Mid-Air In Malaysia
No fewer than ten people have been confirmed dead after two navy helicopters collided in mid-air during a military rehearsal for a Royal Malaysian Navy parade. Published footage on local media shows which were sighted by Africa Today News, New York, one of the choppers clipped the rotor of the other before the two crashed […]
FG Moves To Unbundle 11 Discos, Orders Sale Of Four
The Federal Government has declared that power distribution companies in Nigeria are currently being unbundled along state lines due to their large sizes to boost efficiency and ultimately productivity. It stated that the privatization of the firms would not be reversed, but stressed that the Discos would be broken into more efficient structures along state […]