In a bold strategic pivot, Meta CEO Mark Zuckerberg is personally spearheading recruitment for an ambitious new artificial intelligence unit aimed at reaching artificial general intelligence (AGI).
Frustrated by perceived limitations in the company’s existing AI systems, Zuckerberg is assembling a tight-knit team of about 50 top-tier AI researchers and engineers. According to sources familiar with the plan, Zuckerberg has been conducting recruitment interviews at his residences in Lake Tahoe and Palo Alto, including searching to appoint a new head of AI research.
The team is internally dubbed the “superintelligence” unit, and Zuckerberg envisions Meta taking a leadership role in AGI—machines capable of matching or outperforming humans across a broad spectrum of mental tasks. Beyond enhancing social media platforms, he sees potential integration of these breakthroughs across Meta’s AI-driven products, including its chatbot and AI-enabled Ray-Ban smart glasses.
This initiative is linked with Meta’s planned multi-billion-dollar investment in Scale AI led by its founder Alexandr Wang, who is expected to join the new AGI team following the acquisition.
Bloomberg estimates the funding tied to this move is part of a broader $10 billion-plus investment strategy. Zhang’s teams reportedly spent up to $65 billion on AI projects, while recent missteps with Llama 4 and delays to the flagship “Behemoth” model have intensified the CEO’s urgency.
Insiders reveal Zuckerberg views this hands-on recruitment as central to bolstering Meta’s AI capabilities. Employees said he’s reshaping workspaces at Menlo Park so newer team members sit closer to him, signaling the importance and confidentiality of this “superintelligence” project.,
A Reuters report confirms Bloomberg’s coverage, noting that the recruitment push aligns with Zuckerberg’s broader investment in Scale AI and his personal frustration over recent model performance.
What this means for Meta’s AI future
AGI acceleration: This initiative signals Meta’s pivot toward long-term AGI ambitions over incremental AI improvements.
Leadership-by-example: Zuckerberg’s direct involvement and high-level interviews highlight the project’s significance.
Scale AI integration: Partnering with Scale AI may provide essential data infrastructure and talent injection via industry veteran Alexandr Wang.
The National Identity Management Commission (NIMC) has successfully enrolled 59,786 inmates in correctional facilities across Nigeria, issuing them National Identification Numbers (NINs) as part of its ongoing push for inclusive identity management.
This milestone was achieved in collaboration with the Nigerian Correctional Service (NCoS), reflecting the Federal Government’s commitment to ensuring that all Nigerians—including those in custodial settings—are integrated into the national identity system.
The initiative aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritises the comprehensive enrolment of citizens and legal residents to strengthen national planning, security, and service delivery.
According to the Director-General and CEO of NIMC, Abisoye Coker-Odusote, approximately 74% of inmates nationwide have been successfully registered, with efforts ongoing to capture the remaining population.
“The commission remains committed to working with strategic partners to ensure that every Nigerian and legal resident is captured in the National Identity System, regardless of their circumstances,” Coker-Odusote said in a statement on Monday.
Building on this progress, NIMC also announced plans to roll out ward-level enrolment across the country. This grassroots initiative aims to bring identity services closer to communities, enhance accessibility, and accelerate enrolment rates.
NIMC extended its appreciation to the Minister of Interior, Dr. Olubunmi Tunji-Ojo, the Comptroller-General of NCoS, Nwakuche Ndidi, and the entire correctional service team for their support in facilitating the inmate registration process.
As of May 2025, the commission has enrolled over 120 million Nigerians into its NIN database, and it is targeting 95% population coverage by the end of the year.
This progress has been supported by infrastructure upgrades, including the deployment of over 1,000 biometric registration devices across all 774 local government areas and the introduction of anti-corruption reforms. These reforms, alongside the engagement of private sector agents known as Frontier Partners, have helped reduce corruption in the enrolment process by approximately 40% and expanded access in underserved regions.
Global markets mostly advanced on Tuesday as the latest round of trade negotiations between the United States and China entered a second day, with renewed optimism that progress could be made.
Investor sentiment was buoyed by comments from Kevin Hassett, one of President Donald Trump’s top economic advisers, who predicted a “big, strong handshake” to conclude the talks, which are being held in London.
The negotiations follow a recent call between Trump and Chinese President Xi Jinping, raising hopes for a breakthrough that could ease longstanding tensions and calm volatile markets.
This week’s discussions aim to mend relations after Trump accused Beijing of breaching terms agreed upon during last month’s high-level meeting in Geneva. That summit had ended with both nations agreeing to reduce reciprocal tariffs.
A central issue in the talks is the export of rare earth minerals—critical components used in smartphones, electric vehicle batteries, and other technologies. Hassett told CNBC that while China had begun releasing some supplies, “it was going a lot slower than some companies believed was optimal.”
He added, “Our expectation is that after the handshake, any export controls from the US will be eased, and the rare earths will be released in volume.” He also hinted that the White House might consider softening recent restrictions on tech exports.
President Trump sounded upbeat, telling reporters at the White House, “We are doing well with China. China’s not easy. I’m only getting good reports.”
Asian markets began the day on a positive note but faltered in the afternoon amid some uncertainty. Tokyo, Sydney, Seoul, Wellington, Taipei, Mumbai, Bangkok, and Jakarta all closed higher. However, Hong Kong and Shanghai reversed their early gains, while Singapore and Manila also slipped.
In Europe, London and Paris posted modest gains, while Frankfurt dipped slightly.
“The bulls will layer into risk on any rhetoric that publicly keeps the two sides at the table,” said Chris Weston of Pepperstone. “And with the meeting spilling over to a second day, the idea of some sort of loose agreement is enough to underpin the grind higher in US equity and risk exposures more broadly.”
Investors are also watching for key US inflation data due this week, which could influence the Federal Reserve’s interest rate decisions. While the Fed faces pressure from Trump to lower rates, recent inflation concerns tied to tariffs may prompt policymakers to hold steady. Although recent job reports have reassured investors about the health of the US economy, analysts remain cautious.
“Tariffs are likely to remain a feature of US trade policy under President Trump,” said Matthias Scheiber and John Hockers of Allspring Global Investments. “A strong US consumer base is currently helping to buoy the global economy and stave off recession.”
However, they warned that a combination of escalating trade disputes, US spending cuts, and rising inflation could eventually undermine consumer spending and trigger a broader economic downturn.
Key Market Figures as of 0810 GMT:
Tokyo – Nikkei 225: +0.3% at 38,211.51 (close)
Hong Kong – Hang Seng Index: –0.1% at 24,162.87 (close)
Shanghai – Composite: –0.4% at 3,384.82 (close)
London – FTSE 100: +0.4% at 8,862.93
New York – Dow Jones: Flat at 42,761.76 (previous close)
Organisers of the planned June 12 Democracy Day protest have formally requested protection from the Lagos State Police Command to ensure the safety of demonstrators during the march.
In a letter addressed to the Lagos State Commissioner of Police, Mr Moshood Jimoh, the Take It Back (TIB) Movement — the group behind the protest notified the police of its intention to hold a peaceful demonstration, urging the Command to uphold the constitutional rights of protesters.
The Lagos State Coordinator of the TIB, Adekunle Taofeek, who signed the letter dated Tuesday, June 10, 2025, described the correspondence as both a formal and public notice in line with civic responsibility and constitutional provisions.
“On June 12, 2025, the people of Nigeria — young and old, employed and unemployed — will take to the streets in peaceful protest against the worsening insecurity and economic hardship that have crippled the nation,” the letter read.
Taofeek reiterated that the protest is grounded in constitutional rights, specifically citing Sections 39 and 40 of the 1999 Constitution (as amended), which guarantee freedom of expression and peaceful assembly.
“Protesting is not a privilege; it is a constitutional right,” he said. “No provision of the law empowers the police to suppress or criminalise peaceful dissent.”
He further urged the police to act with professionalism and restraint, warning against any attempt to intimidate, harass, or arrest peaceful demonstrators.
“We demand that officers be deployed to protect protesters — not to brutalise or assault them,” the letter stated. “We expect your men to conduct themselves in a manner befitting their role in a democratic society.”
The June 12 protest is scheduled to coincide with Nigeria’s Democracy Day celebration — a day commemorating the annulled 1993 presidential election, widely believed to have been won by Chief Moshood Abiola. The day has since become symbolic of Nigeria’s democratic struggle and is officially recognised by the Federal Government.
This year’s anniversary also marks 26 years since the country’s return to civilian rule in 1999.
Nigerian breakout star Ayra Starr (real name Oyinkansola Aderibigbe) reached a career milestone by securing her first BET Award tonight, taking home the Best International Act prize at the 2025 BET Awards held at the Peacock Theatre .
Taking the stage at age 22, Starr beat out formidable competitors including South Africa’s Tyla, Nigerian sensation Rema, and Ghana’s Black Sherif—cementing her growing influence in the global music landscape.
The award ceremony, hosted by Kevin Hart to mark BET’s 25th anniversary, recognized achievements across music, film, television, and sports. Tonight’s leading performers included Kendrick Lamar, who collected several top honors, while Ayra Starr experienced her moment of triumph on the international stage.
This latest accolade further enhances Starr’s remarkable ascendancy following nominations for Best International Act (2023) and the BET Her award in 2024. Her victory tonight follows a surge in global recognition that has spurred widespread acclaim of her Afropop and R&B crossover style.
Highlights from 2025 BET AwardsWinners:
Best International Act: Ayra Starr (Nigeria)
Best New International Act: TxC (South Africa) & Ajuliacosta (Brazil)
Best International Artiste – Male: (not specified)
Best Female R&B/Pop Artist: SZA
Best Male R&B/Pop Artist: Chris Brown
Best New Artist: Leon Thomas
Album of the Year: Kendrick Lamar – GNX
Best Male Hip Hop: Kendrick Lamar
Video of the Year: Kendrick Lamar – “Not Like Us”
Best Collaboration: Kendrick Lamar & SZA – “Luther”
With this historic win, Ayra Starr joins the ranks of internationally lauded African artists—signaling a sustained rise in global music influence. This achievement not only spotlights her unique voice but reinforces the growing power of African music on the world stage.
The exchange rate between the Naira and the US dollar, according to the data released on the FMDQ Security Exchange, the official forex trading portal, showed that the Naira closed at 1620.00 per $1 on Tuesday, June 10th, 2025. Naira traded as high as 1545.00 to the dollar at the investors and exporters (I&E) window on Monday.
Dollar to naira exchange rate today black market (Aboki dollar rate):
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦1615 and sell at ₦1620 on Monday 9th June, 2025, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN)
Black Market Exchange Rate Today
Buying Rate
₦1615
Selling Rate
₦1620
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN)
CBN Rate Today
Highest Rate
₦1560
Lowest Rate
₦1545
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Week 50 pool results 2025: Football pools results, live football pool result today, pool result today saturday matches, pool results for this week, british and aussie pool result, football pools results and fixtures, pools panel results today, pool panel results and live score pool result today. We publish half-time results first of its kind.
Week 50 Pool Results: Football pools results for this week 50 2025 are published on this website immediately after full-time confirmation of live score results. We also publish the outcome of postponed matches by the football pools panel at half-time as decided by the football pools. This week’s Week 50 Pool Results are made available in partnership with Bizwatch Nigeria. Stay tuned for reliable and accurate updates throughout the week.
Now you can find the Week 51 pool fixtures 2025: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.
Find all the Week 51 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).
Week 52 Pool Fixture for Sat 2, July 2022: Aussie 2022
Now you can find the Week 52 pool fixtures 2025: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.
Find all the Week 52 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).
Pool Fixtures For This Week: 52; SEASON: AUSSIE 2025
Now you can find the Week 1 pool fixtures 2025: pool fixtures for this week, this week pool fixtures, football pools results and fixtures, pool fixtures this week, classic pool fixtures, Aussie pool fixtures, UK pool fixtures, advance pool fixtures, Australia pool fixtures, pool panel results, pool result today Saturday, pool results and fixtures this week, fortune soccer pool fixtures.
Find all the Week 1 pool fixtures on Bizwatchnigeria.ng as soon as they are released by the FPA (Football Pools Authority).
Pool Fixtures For This Week: 1; SEASON: AUSSIE 2025
As the Nigerian Stock Exchange (NGX) reopens this week, traders and long-term investors alike are sharpening their pencils—and frankly, their instincts. The first half of 2025 hasn’t just been eventful—it’s been a bit of a rollercoaster. But in between all the market noise, a number of equities have risen like cream in hot pap: steady, visible, and impossible to ignore.
We’re talking stocks that have not only outperformed their sectors but have shown consistent upside potential, thanks to strong earnings, sectoral tailwinds, and—let’s call it what it is—sheer investor optimism.
Whether you’re looking to rebalance your portfolio or just window shopping for your next big play, these are the names you want to keep close.
1. The Initiate Plc (TIP)
Current Price: N6.49
YTD Return: +159.60%
52-Week Range: N1.70 – N7.38
Why it matters:
You know how some stocks just sneak up on you? That’s TIP. It’s not always the loudest on market boards, but the fundamentals? Spot on. Q1 2025 results confirmed strong earnings growth, and more importantly, operational consistency. With the share price hovering just 12% below its 52-week high, another solid earnings season could easily push this further into new territory.
And let’s be honest—investors love a good underdog with teeth.
2. Beta Glass Plc
Current Price: N232.65
YTD Return: +258.47%
52-Week Range: N44.50 – N258.50
Why it matters:
This is the kind of stock you wish you bought last year and didn’t sell too early. With both revenue and profit showing significant year-on-year growth, Beta Glass has captured the attention of value and growth investors alike. The company’s fundamentals read like a checklist: expanding margins, smart capex, and clean balance sheets.
Being just 10% off its high, it’s not cheap—but it’s hardly overbought if the business keeps firing on all cylinders.
3. Honeywell Flour Mills
Current Price: N20.50
YTD Return: +225.40%
52-Week Range: N3.00 – N23.10
Why it matters:
The turnaround here isn’t just a numbers story—it’s a case study. A near 100% revenue jump? Turning a N10 billion loss into almost N15 billion in profit? That’s not just a recovery; it’s a statement. This kind of operational pivot tends to draw both institutional and retail interest, especially when the chart tells the same bullish story as the earnings call.
Watch this space—investors certainly are.
4. Northern Nigerian Flour Mills (NNFM)
Current Price: N125.05
YTD Return: +184.85%
52-Week Range: N31.35 – N138.90
Why it matters:
This is what consistency looks like. NNFM isn’t flashy, but it’s deeply rooted in a resilient sector. With a 14.36% boost in profit after tax, it shows the kind of patient strength that longer-term investors appreciate.
Trading just 10% below its yearly high, this is one of those “watch the earnings, not the noise” plays.
5. SCOA Nigeria Plc
Current Price: N5.39
YTD Return: +161.65%
52-Week Range: N1.71 – N5.39
Why it matters:
So here’s the catch: SCOA’s Q1 2025 showed a loss. Not ideal. But the full-year 2024? A solid story of revenue and profit growth. Investors seem to be betting on a rebound—and for now, that bet is paying off.
At its 52-week high, there’s no “discount” entry here, but there’s momentum. And sometimes, that’s half the battle.
6. Vitafoam Nigeria Plc
Current Price: N60.00
YTD Return: +160.87%
52-Week Range: N17.30 – N60.80
Why it matters:
There’s a certain satisfaction in buying a stock that just does its job. Vitafoam is that stock. Their April 2025 numbers? Solid. Their market positioning? Strong. Their reputation? Clean.
For investors who want steady capital appreciation—and a company that knows how to keep costs in check—this remains one of the most promising plays under the consumer goods umbrella.
7. Champion Breweries Plc
Current Price: N7.70
YTD Return: +102.1%
52-Week Range: N2.72 – N8.25
Why it matters:
Here’s the thing about Champion—it doesn’t just grow on paper, it grows in sentiment. Backed by positive financial metrics and consistent operations, this stock has been bubbling under the surface and now it’s boiling up. With under 7% to its 52-week high, it could very well pop if another earnings beat comes through.
And let’s face it—beer stocks tend to hold their own even when broader markets wobble.
Two Other Nigerian Stocks To Keep An Eye On
Now, you know how in every market cycle, there are one or two that don’t look like much—until they do? These next two haven’t quite exploded yet, but the charts and fundamentals suggest something’s cooking.
8. Chellarams Plc
Current Price: N9.53
YTD Return: +157.57%
52-Week Range: N3.70 – N13.11
Why it matters:
Let’s be blunt: this isn’t your classic earnings story. Yes, revenue is up. But it’s still posting losses. That said, speculators and technical traders are eyeing its strong upward movement and 27% discount from its high as potential for a breakout.
Just don’t throw your emergency fund in here—this one’s more of a high-risk, high-reward play.
9. Fidson Healthcare Plc
Current Price: N31.80
YTD Return: +105.16%
52-Week Range: N12.40 – N31.80
Why it matters:
Healthcare is having a moment—and Fidson is riding that wave like a pro. With expansion efforts kicking in and strong earnings momentum, the stock has hit its peak price. But the real question is: can it stay there and grow further? If Nigeria’s healthcare investment push continues, this may just be the start of a long, upward curve.
Final Thoughts
So here we are. Nine names. Different sectors. Different stories. All flashing one common signal: upside potential.
But remember—momentum is a fickle friend. A great quarter can turn into a bad year if macro conditions shift or management slips up. That’s why savvy investors always do a double-take: earnings quality, insider buying, volume trends, and broader economic cues.
Still, whether you’re risk-tolerant or playing it safe, this list offers something for everyone. Just don’t blink. Markets change fast—and in Nigeria, faster than most.
In a significant policy shift, the Canadian government has introduced a new regulation that allows eligible foreign workers to switch jobs without waiting for formal approval of their new work permit. This reform, aimed at enhancing labour mobility and cutting down bureaucratic delays, is set to benefit both international workers and Canadian employers across various industries.
According to a report by TravelBiz, the newly implemented temporary public policy removes the need for foreign nationals to await permit approval before starting a new job. Previously, workers had to endure lengthy gaps between jobs while waiting for permit authorization, leading to financial strain and hiring delays.
The updated framework is designed to streamline the employment transition process, reduce instances of forced unemployment, improve career progression opportunities for foreign workers, and allow businesses to expedite hiring processes amid growing labour shortages.
Foreign Workers Eligible Under the New Rule
The policy outlines three categories of foreign workers who qualify for this employment flexibility:
Workers on Maintained Status Foreign workers whose previous work permits have expired but who have applied for a renewal fall under what is known as “maintained status.” Under previous regulations, these individuals were locked into the terms of their expired permits and were not permitted to take on new roles. Under the revised policy, such individuals can now begin working in a new position while their application for renewal is under review.
Current Permit Holders Seeking Job Transfers Those who already possess valid, employer-specific or occupation-specific work permits are now eligible to start a new job immediately after submitting a new application. This update is especially beneficial to workers facing layoffs, exploring better offers, or needing to exit undesirable work conditions.
Previously Exempt Workers Now Subject to Permit Requirements Individuals whose former job roles were exempt from needing a work permit but who now require one due to a new job or employer can also take advantage of this change. They are now permitted to begin working as soon as their permit application is filed—without needing to wait for formal approval.
Programs Included Under the Revised Policy
This new flexibility is applicable to employment under two of Canada’s major work permit streams:
Temporary Foreign Worker Program (TFWP)
International Mobility Program (IMP)
If an eligible job offer has been secured and a new work permit application has been submitted through either of these programs, the worker is authorized to start working right away.
Steps to Access the Updated Flexibility
To utilize the benefits of this revised policy, foreign workers must follow these three key steps:
Obtain a verifiable job offer from an employer based in Canada.
File a new application for a work permit corresponding to that job offer.
Commence the new employment immediately, without having to wait for final confirmation from Immigration, Refugees and Citizenship Canada (IRCC).
Prior to this adjustment, foreign workers faced mandatory waiting periods for new work permit approvals before they could change employers or occupations—often resulting in prolonged unemployment and complications for businesses in need of urgent staffing solutions.
This recent regulatory development is being hailed as a progressive move toward modernizing Canada’s immigration and employment landscape. It reduces administrative backlogs, supports the financial stability of temporary foreign workers, and helps Canadian companies fill critical roles without unnecessary red tape.
The political alliance between Donald Trump and Elon Musk has shattered over the controversial “Big Beautiful Bill,” causing social media chaos, stock crashes, and threats to federal contracts.
Trump and Musk Clash Over GOP’s “Big Beautiful Bill” in Explosive Turnaround
In a dramatic twist that has stunned Washington and Silicon Valley alike, U.S. President Donald Trump and tech mogul Elon Musk have gone from strategic allies to digital adversaries—launching a war of words that’s reverberating through Capitol Hill and Wall Street.
Musk called Trump’s “Big Beautiful Bill,” a sweeping Republican tax-and-spending package, a “disgusting abomination” and blamed it for inflating the federal deficit. In retaliation, Trump threatened to cancel government deals with Musk’s companies—including Tesla, SpaceX, and Starlink—during an Oval Office press briefing.
Market Fallout: Tesla Shares Crash After Musk’s Anti-Trump Remarks
Following Musk’s public attack, Tesla stock plummeted by nearly 15%, wiping out over $150 billion in value. The investor panic underlined how political drama between business and government leaders can create shockwaves in global markets.
Meanwhile, NASA operations were temporarily thrown into disarray when Musk hinted at pulling SpaceX’s Dragon spacecraft from U.S. service—before walking back the statement amid mounting pressure.
Social Media Firestorm: Truth Social vs X
The political brawl intensified as both men took to their platforms—Trump on Truth Social and Musk on X (formerly Twitter). Musk, who owns X, called for Trump’s impeachment and even dragged up allegations related to the Epstein files. Trump labeled Musk a “madman” and said federal subsidies for Tesla were now “on the table.”
Traffic and Engagement Surge Amidst the Feud
According to platform data analytics, Truth Social experienced a 400% spike in engagement, while X usage jumped by 54%—illustrating how political drama fuels digital virality and user activity.
Experts say this battle between two of the most influential men in America may set a precedent for future clashes between public office and private enterprise.
Political Shockwaves: Republican Party Faces a Crisis of Loyalty
Republican insiders are reportedly concerned about the Musk-Trump fallout ahead of the 2026 midterms. The party had counted on Musk’s economic influence and online popularity to rally support for Trump’s second presidential bid.
Meanwhile, far-right figures like Steve Bannon have called for investigations into Musk’s citizenship status and even floated deportation rhetoric—though no official action has been taken.
Why are Donald Trump and Elon Musk fighting in 2025?
Trump and Musk are feuding over the GOP’s “Big Beautiful Bill,” which Musk criticized for expanding the federal deficit. Trump retaliated by threatening to pull federal contracts from Musk’s companies, sparking a social media firestorm and stock market turbulence.
Stay ahead of the political tech wars. Subscribe to BizWatch Nigeria for exclusive insights, trending stories, and market-moving developments.
Apple is gearing up to unveil its highly anticipated iPhone 17 series in September 2025, continuing its traditional launch cycle. The upcoming lineup is expected to include four models: iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max.
According to industry reports, Apple is likely to announce the new iPhones between September 11 and 13, 2025, with pre-orders commencing shortly after. The official release is projected for around September 19.
Pricing in the United States is expected to follow this structure:
iPhone 17: $950–$1,070
iPhone 17 Air: $1,130–$1,190
iPhone 17 Pro: $1,430–$1,540
iPhone 17 Pro Max: Above $1,670
These price points reflect enhanced technology, materials, and Apple’s strategy of segmenting devices for various user types.
Sleek New Design Features
The standard iPhone 17 is set to maintain the aesthetic of the iPhone 16, featuring a refined form factor and a USB-C port. Meanwhile, the new iPhone 17 Air is expected to become Apple’s thinnest iPhone ever, reportedly 2 mm slimmer than the current iPhone 16 Pro. This model may also come with a single rear camera lens.
The iPhone 17 Pro and Pro Max models are rumored to sport a redesigned rectangular camera module and a back panel combining glass and aluminum. Additionally, Apple might discontinue the “Plus” series, favoring the more compact and lightweight Air edition.
Display Enhancements Across All Models
The iPhone 17 lineup is anticipated to receive 120Hz ProMotion OLED displays. If true, this marks the first time Apple brings high refresh rate screens to all models, not just the Pro versions. Expected screen sizes include:
iPhone 17: 6.3 inches
iPhone 17 Air: 6.6 inches
iPhone 17 Pro: 6.3 inches
iPhone 17 Pro Max: 6.9 inches
Camera Capabilities
Upgrades are also expected in the camera department. All models may include a 24MP front-facing camera with a six-element lens, significantly improving selfie and video call quality. The standard and Air models are rumored to feature a 48MP rear main camera, while the Pro Max is said to be equipped with three 48MP sensors: wide-angle, ultra-wide, and telephoto. It may also support 8K video recording—a first for Apple.
Chipsets, RAM, and Charging
Apple is expected to equip the iPhone 17 with an A18 chip and 8GB of RAM, while the Air and Pro models could see upgrades to the A19 and A19 Pro chips, respectively. The Pro Max model might pack 12GB of RAM to power more demanding tasks and features.
Battery performance is also expected to see a boost. Rumors suggest larger battery sizes, improved efficiency due to LTPO display technology, and faster charging speeds of up to 35W wired and enhanced wireless charging capabilities.
Ronaldo Leads Portugal to Nations League Final with Hattrick against Switzerland
In a heart-pounding finale at Munich’s Allianz Arena, Portugal secured their second UEFA Nations League trophy by edging out holders Spain 5–3 in a nerve-wracking penalty shootout, following a 2–2 draw after extra time. The victory marks Portugal as the first nation to win the tournament multiple times .
Early advantage for Spain. Martín Zubimendi broke the deadlock in the 21st minute, capitalizing on a swift move to give Spain the upper hand before halftime .
Quickfire reply from Portugal. Nuno Mendes responded with a composed finish just minutes later, thanks to a clever feed from team captain Cristiano Ronaldo .
Spain retakes lead. Mikel Oyarzabal restored Spain’s dominance before the break, sending the sides into the interval at 2–1 .
Ronaldo strikes again. Past the hour mark, Cristiano Ronaldo leveled the score again, demonstrating his enduring influence at the age of 40 . He later limped off injured, but his equalizer proved decisive.
Extra time and tears. Despite a tense extra time period, neither side could break the stalemate, setting the stage for a dramatic shootout.
Spot-Kick Drama
In the penalty showdown, Portugal converted all five attempts. Spain, despite a generally composed performance, faltered when Álvaro Morata missed, paving the way for Rúben Neves to seal the victory for Portugal with the decisive fifth penalty.
The Human Side of Victory
Portugal’s jubilant scenes were capped by an emotional moment from captain Ronaldo, who, teary-eyed, lifted the Nations League trophy. He now adds a second Nations League title to his storied legacy.
Match facts & figures
Final Score (90 + ET): 2–2
Penalty Result: Portugal 5–3 Spain
Venue: Allianz Arena, Munich
Attendance: Approx. 65,852
Star Moment: Nuno Mendes crowned Man of the Match for his all‑round brilliance
Portugal vs Spain
This showdown was the first final between the two Iberian rivals—Portugal were champions in the inaugural 2019 edition, and Spain were defending champions since 2023. Over a rich, competitive history of 41 meetings, Spain held a slight edge, but this time the script favoured Portugal .
Off-Pitch Tragedy Casts a Shadow
The resounding celebration was tinged with sorrow as a tragic accident during extra time resulted in the death of a spectator who fell from the second tier at Allianz Arena. Paramedics attended immediately, but the victim was pronounced dead at 00:06 local time. Post-match tributes came from players and officials in respectful acknowledgement of the loss.
Although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated. Rates of expansion in output and new orders eased in May, while employment dipped for the first time in six months.
The headline figure derived from the survey is the Purchasing Managers’ Index™ (PMI®). Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration.
The headline PMI registered 52.7 in May, remaining above the 50.0 no-change mark for the sixth successive month and signalling a solid strengthening of business conditions over the month. That said, the latest reading was down from 54.2 in April and pointed to the least marked improvement in the health of the private sector since January.
The slowdown in overall growth was seen across both output and new orders, which each increased at the slowest rates in four months. Where expansions were recorded, panellists linked this to customer demand improvements, higher client numbers and new product launches.
Output increased across all four broad sectors covered by the report, with growth sharpest in wholesale & retail and manufacturing.
Inflationary pressures remained elevated in May, despite easing slightly from April. Purchase costs rose rapidly amid higher raw material prices, currency weakness and increased transportation costs.
Staff costs were also up, but at the slowest pace since March 2023 as a reduction in employment acted to limit the rise in wage bills. Workforce numbers decreased for the first time in six months as some firms reported that difficulties paying staff had led to resignations.
Shortages of staff contributed to a second successive rise in backlogs of work, but respondents indicated that the main factor holding up the completion of projects was delays in payments from customers. The latest rise in outstanding business was the sharpest since February 2023.
While employment decreased, companies continued to expand their purchasing activity at a rapid pace. Respondents mentioned the need to satisfy both current and future client requirements. In turn, stocks of purchases also rose, and at the fastest pace in three months.Competition among suppliers and prompt payments resulted in a further shortening of suppliers’ delivery times, albeit one that was the least marked in 2025 so far.
Business confidence waned for the fourth consecutive month and was among the lowest on record. That said, companies remained optimistic that output will expand over the coming year, with positive sentiment linked to business expansion plans, marketing and restocking.
Muyiwa Oni, Head of Equity Research West Africa at Stanbic IBTC Bank commented: “Business conditions remain in the expansionary territory for the sixth consecutive month in May amid continued improvement in customer demand which is also ensuring businesses launch new products. However, the pace of improvement in business conditions slowed relative to April, pointing to the least marked improvement since January. While new orders have now increased in each month since November 2024, some firms implied that market conditions are softening. Hence, the pace of improvement in new orders during May eased to the weakest level in four months. Nonetheless, rising sales and higher customer numbers supported a pronounced output growth across the wholesale & retail and manufacturing sectors.
Given the rising sales and higher customer numbers, companies increased their quantity of purchases for the sixth consecutive month while the rate of inventories accumulation quickened to a three-month high. However, input costs remain high in May, albeit slightly softer than April inflation, with the pace of price increase remaining well above the series average. As a result, output prices remained sharp as companies passed on the rising purchase costs to customers. Where companies charged lower prices, they indicated that it was due to the need to attract customers. This partly supported the easing of the pace of output price inflation to a two-year low in May.Nigeria’s business condition is on course to end Q2:25 on a positive momentum, albeit relatively weaker than witnessed in Q1:25. This is as currency weakness, higher raw material costs, and increased transport prices have been more pronounced than seen in Q1:25. However, as inflation is expected to remain softer compared to the 2024 average, interest rates are likely to be lower this year, thereby helping to support medium-term economic growth path. Therefore, we still maintain our expectation that the Nigerian economy is likely to grow by 3.5% y/y in real terms in 2025 relative to 3.4% y/y growth in 2024.”
The Italian Football Federation (FIGC) announced today the dismissal of head coach Luciano Spalletti following a humiliating 3–0 defeat to Norway in the opening match of the 2026 FIFA World Cup qualification campaign. Despite the setback, Spalletti will remain in charge of Italy’s upcoming fixture against Moldova before officially stepping down .
In an emotional press briefing, Spalletti revealed that he had met with FIGC president Gabriele Gravina on Saturday night, where he was informed of the decision to terminate his contract. “I had no intention of giving up. I would have preferred to stay and continue doing my job,” Spalletti said, his disappointment clearly visible. He also confirmed that he will lead the team against Moldova on Monday before the official end of his tenure.
Timeline of Underwhelming Results
Spalletti assumed control of the national team in September 2023, succeeding Roberto Mancini. His early efforts secured qualification for Euro 2024, but Italy’s performance was largely uneven – exiting in the round of 16 after a defeat to Switzerland. The team showed promise during the UEFA Nations League but failed to close matches decisively.
Norway’s emphatic 3–0 victory in Oslo was a wake-up call. With a first-half hat-trick, the Norwegians delivered Italy a crushing blow that triggered immediate concerns over the country’s World Cup qualifying ambitions.
What’s Next?
With Spalletti’s exit now confirmed, the FIGC is looking for a successor. Strong contenders include Stefano Pioli of Al-Nassr and veteran coach Claudio Ranieri, currently serving as an advisor at AS Roma. FIGC President Gravina described Norway’s defeat as “unacceptable” and emphasized the need for decisive action.
Ranieri, 73, could be persuaded to return to management at the national level, depending on terms and timing. Pioli’s name is also featured prominently in several Italian media outlets.
A Lesson in World Cup Politics
Italy is no stranger to adversity in football. The Azzurri failed to qualify for the World Cups in both 2018 and 2022. A third consecutive failure would be seen as a national catastrophe. Only the top team in their qualifying group achieves direct entry to the 2026 tournament, while the second-placed side enters the playoff phase. With Norway decidedly in the lead, the burden on Italy is heavier than ever.
Last Stand for Spalletti
In his closing remarks, Spalletti said: “I love this shirt, the players I have coached, and tomorrow night I will ask them to show everything they have.” While the press conference turned tense when asked about feelings of betrayal within the organization, Spalletti notably walked out without responding.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor Spirit (PMS) to below ₦800 per litre.
Currently, the refinery sells at approximately ₦825 per litre. IPMAN’s Publicity Secretary, Chinedu Udadike, argued that with the refinery’s capacity enhancements and favourable government policies, diesel prices should fall significantly.
Udadike acknowledged that Nigeria’s petrol is already cheaper than in neighbouring countries but insisted that domestic production and the naira-for-crude arrangement justify further reductions — possibly to the ₦750–₦780 range.
He noted that if the naira strengthens to around ₦1,100–₦1,200 per dollar, pump prices could dip below ₦750. He also praised Dangote Refinery’s contribution to eliminating fuel shortages and long pump queues, while calling on the federal government to strengthen the naira to support more affordable fuel.
Dangote had earlier told ECOWAS officials that petrol distribution from his refinery helped lower pump prices to ₦815–₦820 per litre — effectively 55% lower than prices in many West African nations. He attributed the positive outcome to the naira-for-crude policy, which has reportedly reduced foreign exchange expenses for the refinery.
Despite these remarks, Udadike stressed that such reductions are not reflective of the refinery’s full potential. He maintained that petrol pricing should align more closely with production and landing costs — estimating that this would support prices between ₦750 and ₦780 per litre .
The euro surged past the 1.14 mark against the dollar following the European Central Bank’s decision on June 5, 2025, to reduce its benchmark deposit rate from 2.25% to 2.00% — marking the eighth cut within a year.
President Christine Lagarde emphasized that with inflation now hovering near the 2% target, the ECB is likely approaching the end of its aggressive easing cycle.
During the press briefing, Lagarde highlighted that monetary conditions are “well‑positioned,” suggesting a potential pause in rate adjustments in upcoming meetings. Markets, interpreting this guidance, anticipate a possible halt in cuts in July, with only one more reduction feasible by year‑end.
The euro responded positively, briefly trading near 1.1498 before stabilizing around /This rally was reinforced by dovish comments from the ECB and softer U.S. economic sentiment following lackluster jobless data, which has bolstered expectations of U.S. Federal Reserve rate cuts Analysts describe the move as historically significant — the eighth rate reduction in just over a year, culminating in a total easing of 200 basis points since mid-2024 .
The ECB’s updated forecasts, showing inflation drifting to 1.9% in April and projecting around 1.6% by 2026, combined with a stronger euro and lower energy prices, reinforce the argument that inflation is well on its way back to target.
Savvy investors are now closely monitoring U.S. Non‑Farm Payroll data for May, predicting growth to slow from 177,000 to around 130,000 jobs. Any upside surprise may dampen the dollar-strenghtening sentiment that’s been fueling the euro rally.
In a joyous celebration of the Ileya festival, Kabiyesi, the Olu of Iwa and Apapa kingdom, Oba Oyekunle Moroof Atanda Amodu Tijani Oluwa, welcomed all guests, including the CONMMEP members and other friends to his palace in Tolu Community, Ajegunle.
The event, held on Saturday, June 7, 2025, was a testament to the monarch’s commitment to community and religious heritage.
The afternoon gathering was marked by merriment, enlightening discourse, and exchanging valuable ideas. Kabiyesi’s celebration of Sallah was characterized by regal simplicity, reflecting his dedication to Islam’s values.
The Oluwa of Iwa and Apapa kingdom’s annual celebration has become a significant event, bringing together individuals from diverse backgrounds to share in the joy and spirit of the Ileya festival. As a respected leader, Kabiyesi’s commitment to fostering community and promoting cultural understanding is embedded in the teachings of the Almighty Allah and an inclusive atmosphere of friendship in his palace.
