Author: damazah@gmail.com

ITV Studios bosses are remaining bullish in the face of declining U.S. and international revenues as the Love Island maker prepares to be unleashed onto the market. Of concern for ITV Studios, this morning’s ITV half-year results showed a 17% revenue decline in the U.S. and a 24% slide internationally, reflecting a reversal of previous fortunes. On a results call with press, ITV Studios chief Julian Bellamy put this mainly down to a “softening of demand” in the free-to-air space and said it “underlines the broader importance” of the producer-distributor pushing further into making shows for streamers and developing its…

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In a nation where political figures often remain subjects of fierce ideological contestation long after leaving office, one man continues to command an unusual level of bipartisan respect across generations and political divides. He is ex-Head of State who midwived the Fourth Republic, General Abdulsalami Abubakar. Deji Elumoye reports. The launch of three books chronicling the life and public service of General Abdusalami Abubakar (rtd), was far more than a literary event. It became a national affirmation of a statesman whose brief 11-month administration fundamentally altered Nigeria’s democratic trajectory and whose influence continues to shape conversations around peace, leadership and…

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The Federal Competition and Consumer Protection Commission (FCCPC) has warned that Nigeria’s emerging state electricity markets could struggle to attract investment if states adopt different regulatory frameworks, stressing the need for stronger cooperation among electricity regulators to protect consumers and provide certainty for investors. The Executive Vice Chairman and Chief Executive Officer of the FCCPC, Tunji Bello, gave the warning on Thursday at a stakeholders’ engagement on consumer protection and regulatory cooperation in Nigeria’s electricity sector in Abuja. The meeting brought together officials of the Nigerian Electricity Regulatory Commission (NERC), the Nigerian Electricity Management Services Agency (NEMSA) and several state…

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AI tools may have not yet proven to be a consumer tech revolution on the scale of the internet or even electricity, external, as many tech executives have promised for years. But there is still huge demand from people for new technology.Google said last week that 950 million people are using its Gemini chatbot at least once a month, three times the users it had a year ago.Apple on Thursday said that new versions of its core products, the Mac computer, iPhone and iPad, have been selling better this year than the company planned for or expected.So much so that…

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Some Labour MPs had been calling for Abbott to be readmitted to Labour and more than 38,000 people had signed a petition backing her return. Labour MP Bell Ribeiro-Addy told BBC Newsnight that Abbott had “given over 40 years of her life to the Labour movement and she is pleased to be back in the party that is her home”.She said she understood some Labour MPs might have concerns but that Abbott had been “very clear and sincere in her apology”.However, Phil Rosenberg, president of the Board of Deputies of British Jews, told the same programme he was “very sad,…

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Astronomers looking for evidence of intelligent life beyond Earth may have overlooked promising signals simply because they have concentrated on a relatively narrow portion of the radio spectrum. Most radio SETI (Search for Extraterrestrial Intelligence) projects have targeted frequencies between 1.42 and 1.66 GHz. This region is often called the ‘water hole’ because it falls between the natural radio emissions produced by hydrogen and hydroxyl, which combine to form water. Researchers have long considered this quiet region of the spectrum a potentially logical meeting place for interstellar communication. An advanced civilization might recognize the importance of hydrogen and hydroxyl and…

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By Deborah Oyekale BBNaija Season 11 housemate Ricky has issued a stark warning to his fellow housemates, declaring that they have yet to witness his true self. The warning comes in the wake of a heated clash involving Ricky and fellow housemates Neche and Nomy. During the confrontation, Nomy branded Ricky an “Agbaya” — a Yoruba term used to describe a disrespectful elder — and declared she would never speak to him again. Ricky, however, maintained that Nomy was simply trying to provoke a reaction from him. The fallout from the altercation saw Ricky face backlash from other male housemates,…

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Fusion Klassroom Edutech IPO day 1: The initial public offering (IPO) of educational technology (Edtech) company Fusion Klassroom Edutech opened for public subscription on Friday, 31 July. The SME IPO was witnessing decent response from investors, while grey market sources indicate the stock may list at a modest premium.Meanwhile, ahead of the IPO, the company raised ₹11.08 crore from anchor investors by allocating 6,96,800 shares at a price of ₹159 per share.Fusion Klassroom Edutech IPO GMPAccording to grey market sources, the grey market premium (GMP) of Fusion Klassroom Edutech shares was ₹9 on Friday morning. This indicates the stock could…

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