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A new Pentagon report has shown that the US is running low on its ammunition stockpile due to its ongoing war with Iran.  The Department of Defence Inspector General report was submitted to the US Congress on Monday, according to the Washington Post. It accounts for the losses Washington has incurred since the first strike in February. It is one of the first public accounts from any government agency detailing the cost, scope, and scale of the war on the military, the State Department, and other agencies. Contrary to President Donald Trump’s claim that the US has unlimited weapons and was producing…

Russia’s intelligence services are plotting to carry out targeted killings in the United States and in European nations supporting Ukraine, federal authorities said Tuesday as they announced charges against five people who remain at large.An indictment unsealed in Manhattan federal court said a network of the intelligence services had paid and attempted to pay individuals in the United States and in other countries to surveil targets to be killed with plans to then kill them.The associates recruited in the network also had been solicited to carry out acts of terrorism against civilian and military infrastructure in European countries that were…

Carney said over the weekend that the summit was chance for the deep-pocketed financiers attending, representing more than C$120tn of assets, to “come to ‘peer into our shop window'”.More than 160 projects were on offer, from data centres to pipelines and port expansions.Ottawa also dangled a series of new tax incentives, including a “mega deduction” measure in front of potential buyers, and the prime minister underscored government efforts to offer faster approvals for big projects.Economic analysts have said Canada needs to make significant policy changes to help attract investment, including more competitive tax and regulatory systems, and ensuring a supply…

Corporate exits do not erase tax obligations Companies may close offices, sell assets, end operations, and even move elsewhere, but exiting Nigeria does not automatically end their tax affairs. Under Nigeria’s new tax administration framework, businesses that cease operations still must file outstanding and final tax returns, raising questions about how tax authorities handle companies after they exit the market. This issue has gained renewed relevance following Uber’s restructuring in Nigeria, highlighting a broader question for multinational companies: what happens to their tax affairs when they leave? Tax expert Nojeem Yusuf explained that a business leaving a country does not…

The Steam Frame is certainly not a budget product.But not everyone agrees with the suggestion that VR in general costs too much.”The idea that it’s too expensive is one of the biggest misconceptions about VR,” UploadVR website editor David Heaney told me.He pointed out while some headsets may be expensive, Meta’s Quest 3S budget model costs £320 but has been on sale for £250 several times.”In context, a Nintendo Switch 2 is £420, an Xbox Series S is £430, and a PS5 is £470 – Quest 3S, which is primarily used for gaming, is cheaper than other games consoles,” he…

The age of the duck will mean the discipline to test out many African prototypes. An age built on succession that is planned for a youth takeover fully energised for the leadership needed. It is more than the consumption or volume of units sold and even more than those who celebrate our cultures. It is a time for youth who embrace the service that leadership requires and invest themselves in landscaping an Africa they will most likely not live to enjoy. In the early 2000s, when I was writing my book Omoluwabi 2.0, I embarked on an effort to develop…

NBC’s telecast of the 78th Emmy Awards hit 6.7 million viewers on Monday night, per Nielsen. That total marks a 9% decrease from last year’s ceremony on CBS, which brought in 7.4 million viewers — the award show’s best performance since 2021. It should be noted, though, that the 2025 ceremony took place on a Sunday, making it easier for viewers to sit down for a three-hour telecast. Compared to the most recent Monday night Emmys — televised by Fox in 2024 — NBC accomplished a 41% increase. But since that telecast, which hit only a meager 4.4 million viewers,…

The Lagos State House of Assembly on Tuesday approved the 2026 Budget Reordering Bill, adjusting the allocation of the state’s N4.445 trillion budget. The bill was passed after lawmakers considered and adopted the report of the House Committee on Economic Planning and Budget, TVC reported.  Presenting the report, the committee chairman, Olumoh Sa’ad, said the review followed differences in the implementation of capital projects by ministries, departments and agencies (MDAs). He stated that some MDAs had recorded higher implementation of their capital allocations, while others had spent less than what was provided for their projects. The committee explained that the…

Nigeria’s corporate exodus story is now familiar, with ride-hailing app Uber’s September 2nd exit, after twelve years in the market, the latest. Recently, hypermarket giant Shoprite has wound down its stores, Procter & Gamble has shifted to an import-only model, and GlaxoSmithKline has folded its local operations into a third-party distribution arrangement. Diageo agreed in June 2024 to sell its majority stake in Guinness Nigeria to the Tolaram group, a deal that closed the following year and ended seven decades of direct ownership. Each departure feeds a wider narrative about an economy that repels long-term foreign capital. The narrative has…

blinking-dotLive updatesLive updates, Saudi Arabia has stopped oil loadings at the port of Yanbu days after the country paused operations at its East-West pipeline due to drone attacks.Published On 16 Sep 202616 Sep 2026Share Iran’s top diplomat visits China for talks as Middle East diplomacy falters on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo