Author: Elizabeth Jenrola Oso

…As Tesla hits $1 trillion market cap Tesla’s market value eclipsed $1 trillion Friday for the first time since early 2022, as the electric vehicle maker led by the world’s richest man, Elon Musk enjoys a massive rally after the Musk-backed Donald Trump secured a second presidential term. Shares of the Musk-led Tesla are up 24% since Tuesday.Shares of Tesla jumped as much as 7.6% to $319.44 by late morning, extending its three-day rally to 24%, captaining the broader stock market gains following Trump’s election. That pushed Tesla’s market value to over $1 trillion for the first time since April…

An alarming forecast by the Food and Agriculture Organization (FAO) has projected that no fewer than 133.1 million Nigerians will face a global hunger crisis by 2025.In a statement issued on Thursday, FAO said the Cadre Harmonisé report on food and nutrition insecurity was developed through a collaborative effort involving the federal government and key partners, including the World Food Programme (WFP) and the United Nations Children’s Emergency Fund (UNICEF), among others. The statement noted that the report highlights the urgency of addressing food and nutrition challenges to avert a looming crisis. The statement read: “The food and nutrition insecurity…

In what would surprise many Nigerians given what happened, Stephen Abuwatseya, a Bolt driver, has publicly apologized to Hon. Alex Ikwechegh, a member of the House of Representatives representing Aba North/South of Abia State, following an altercation that occurred during a package delivery. In a video shared with the press, Abuwatseya expressed deep remorse for his actions and appealed to all parties affected by the incident to forgive him, hoping to ease any lingering tensions. He acknowledged the misunderstanding he had with Rt. Hon. Alex Mascot Ikwechegh and took the opportunity to apologize for any provocative statements made during the…

A titan of American entertainment, who worked with stars from Frank Sinatra to Michael Jackson and Will Smith, Quincy Jones, has died aged 91.Jones’ publicist, Arnold Robinson, said he died on Sunday night at his home in the Bel Air section of Los Angeles, surrounded by his family.“Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing,” the family said in a statement. “And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him.”Jones was…

As the United States presidential election gets underway, Vice President Kamala Harris, the Democratic Party’s candidate, has made a strong pledge to legalize recreational marijuana if she wins the presidency. With marijuana reform at the forefront of Harris’s platform, the election outcome could signal a significant shift in US marijuana policy, depending on voters’ response to her proposal. She said she would legalize recreational marijuana, break down unjust legal barriers, and create opportunities for all Americans to succeed in this new industry. Harris, who assumed her candidacy after President Joe Biden stepped down in July, shared this promise on her…

An unidentified driver, who allegedly killed two persons, including a driver and a passenger, at the Ibafo section of the Lagos-Ibadan Expressway is being hunted for by the Ogun State Police Command. NEW DAILY PRIME learnt on Sunday that the incident took place on Saturday night in front of the NIPCO Gas Filling Station. Confirming the story on Sunday, spokesperson for the Ogun State Police Command, Omolola Odutola, stated that the accident involved a Nissan Caravan commercial bus with the number plate DELTA AGB 840 ZT and an unidentified truck belonging to the Indomie company.Reports had it that the truck…

The striking university unions, Non-Academic Staff Union (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) have suspended their nationwide indefinite strike. Last week, the two unions embarked on a nationwide strike for a month over withheld salaries. In a joint statement on Sunday, the bodies said the suspended strike would take effect on Tuesday, November 5, 2024. The unions, in a statement signed by Prince Peters Adeyemi, General Secretary of NASU and Mohammed Ibrahim, National President of SSANU, said, “The national leadership of the Joint Action Committee (JAC) of NASU and SSANU acknowledges and commends our members in…

A former army reserve centre and caretakers’ house will go up for auction as potential residential properties. The Ministry of Defence (MoD) is to sell the former military base in London Road, Camberley at an auction on 7 November, with a guide price of £850,000. A MoD spokesperson said the army reserve centre, where reserve soldiers worked and trained, was “surplus to defence requirements” and was part of the ministry’s strategy to reduce its estate. Promoted as a potential development site for new homes, the main building is made up of a large hall, six rooms, a kitchen, two toilets…

The recent ruling by the Confederation of African Football (CAF) Disciplinary Board against the Libya Football Federation (LFF), has heightened tensions between Libyans and Nigerians, with several Libyan media platforms calling for punitive measures against Nigerian workers in the country. The LFF was fined $50,000 by the CAF Disciplinary Board, who also awarded a 3-0 forfeit victory to Nigeria. This decision stemmed from an incident in which the Nigerian team, the Super Eagles, faced prolonged detainment at Al Abraq Airport, delaying their AFCON 2025 qualifying match. Citing the LFF’s failure to meet security and logistical obligations, CAF granted Nigeria three…

The Labour Party’s 2023 presidential candidate, Peter Obi has said that anyone who claims to receive unexpected credit alerts through prayer alone should be scrutinized for potential financial misconduct. In a recent appearance on the Honest Bunch podcast, Peter Obi emphasized the importance of productivity, saying that hard work, rather than miracles, is the path to success. “God cannot bless someone who is sleeping,” he noted, emphasizing that genuine achievement comes from dedication and effort rather than relying solely on faith for financial gain. He said, “God can bless hard work; God can bless productivity; God can bless an industry,…