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READ MORE: What your ice cream style says about your personality Previously an iconic fixture of summer evenings across America, the ice cream truck has largely vanished—sacrificed to evolving preferences, stricter rules, and the surge in food delivery platforms. Currently, a New Jersey-based startup is bringing back this custom with a modern update—enabling clients to request sugary delights anytime through text messages. Scream Truck operates 17 vans across select neighborhoods in the state, alerting fans when they're nearby and letting them reserve a stop with a simple 'Y.' It’s a far cry from the old-school trucks that were a beloved fixture of American neighborhoods from the 1950s through the early 1990s. The company has big plans to expand nationally, aiming to roll out 1,000 trucks within five years. Each truck ditches the old-school jingle for 'actual music,' blasts bright LED graphics, and serves up seasonal sundaes, shakes, ...

UYO – In an effort to ready citizens and stakeholders for potential prospects at the planned Ibom Deep Seaport and Ibom Industrial City, the Akwa Ibom State government recently hosted a maritime trade and logistics awareness workshop aimed at journalists and various experts within the region. This event took place over the weekend. The workshop, held in Uyo, the state capital, was organized by the Ministry of Special Duties and Ibom Deep Seaport in collaboration with Brightfow Logistics Services and the Chartered Institute of Logistics and Transport (CILT). It aimed to showcase the profitable aspects and potential of the maritime trade and logistics industry to participants. The workshop titled "Unlocking the Economic Potential of the Blue Economy Value Chain in Akwa Ibom State for Enhanced Productivity and Sustainable Development" drew an array of participants such as journalists, members of the Nigerian Institute of Public Relations (NIPR), representatives fro...

The extended bull market on the NGX is anticipated to persist, as the index looks poised to surpass the previous peak of 109,850.83 and maintain strength from the 200-day moving average. This robust buying sentiment has bolstered numerous stocks to reach their highest points within the past year, despite changing economic conditions and surprisingly positive earnings reports from publicly traded firms. The V-shaped chart pattern for the index suggests an influx of capital into equities, driving purchase activity across various segments including low-priced, mid-range, and high-end stocks. This sustained recovery and upward trend have received additional support from rising trading volumes. Currently, the market operates notably above its daily average level with increasingly favorable internal conditions. At this juncture of the uptrend phase in NGX, profit-taking or minor retracements present opportunities for fresh entries and simultaneously enhance the index’s potential to m...

Abdul Samad Rabiu In a nation where countless families grapple with escalating food costs each day, and where economic strategies frequently seem out of touch with the everyday person’s experiences, a ray of optimism surfaced via a practical partnership between the private industry and the administration. Abdul Samad Isyaku Rabiu, the billionaire industrialist and chairman of BUA Group, has proposed what many are calling a masterful move by taking advantage of the federal government's duty waiver to substantially lower the price of crucial food items in Nigeria. After a private meeting with President Bola Ahmed Tinubu, Rabiu informed reporters about how his firm took advantage of the six-month tax exemption on essential food products to bring in significant amounts of wheat, corn, and rice. The outcome, evident on store shelves and in daily discussions among ordinary Nigerians, has been a noticeable decrease in food prices, providing an unusual respite amidst Nigeria’s i...

Lagos — China is poised to lead the global ethylene capacity additions By 2030, this sector is projected to capture over 36%, owing to anticipated increases in both the consumption and production of ethylene within the nation, as reported by GlobalData, a prominent provider of data and analysis solutions. According to GlobalData’s recent report titled "Ethylene Market Analysis and Forecast by Products, Capacity Additions, Leading Nations, and Ongoing and Future Projects up to 2030," it indicates that the aggregate planned and announced ethylene capacity additions in China will likely reach approximately 33.30 million tonnes per year (mtpa) by the year 2030. Nivedita Roy, an oil and gas analyst at GlobalData, remarks: "China's substantial increase in ethylene capacity can be linked to various elements such as considerable spending on petrochemical facilities and strong economic expansion. The growing number of people in Chi...

Lagos — The World Bank has disclosed that the Nigerian National Petroleum Company Limited, NNPCL, handed over only half of the income resulting from the elimination of thePremium Motor Spirit subsidy into the nation’s Federation Account. The World Bank revealed this information in their most recent Nigeria Development Update, which was published on Monday. Out of the ₦1.1 trillion revenue generated from oil sales and other incomes in 2024, the NNPCL transferred only ₦600 billion, resulting in an unexplained shortfall of ₦500 billion. The document entitled "Creating Impetus for Equitable Expansion" revealed that the NNPCL utilized the leftover funds to clear its outstanding debts. According to the World Bank report, the NNPCL postponed transferring the related revenue surplus and began making payments into the Federation Account three months later, starting from January 2025. The World Bank disclosed that the NN...

New York [ US On May 16 (ANI): The global economy is facing increasing pressure, as growth is anticipated to decelerate to 2.4 percent in 2025, down from 2.9 percent in 2024, according to the UN 's Global Economic Conditions and Outlook report. The report further points out decelerations in key economic powerhouses, including China , where the economy is expected to expand by 4.6 percent, hindered by sluggish consumer spending and ongoing issues within the real estate sector. India The projected economic growth for 2025 has been adjusted downwards to 6.3 percent, yet it continues to be among the quickest expanding major economies. On Thursday, a press release was distributed stating the following: United Nations stated, "The global economy finds itself in a critical situation, characterized by increased trade conflicts and raised policy unpredictability, as stated by the Global Economic Conditions a...

Tokyo stock prices declined during Wednesday’s early trading session due to a more robust yen causing exporters' shares to drop, with investors also cashing out following four consecutive days of gains in the Nikkei index. The Nikkei Stock Average with 225 issues fell by 308.67 points, equivalent to 0.81%, dropping from Tuesday’s close to reach 37,874.59. Meanwhile, the more comprehensive Topix index declined by 33.55 points, which is approximately 1.21%, settling at 2,738.59. The U.S. dollar temporarily fell to approximately the 147 yen mark in Tokyo due to weaker-than-anticipated U.S. inflation figures, which sparked speculation about an imminent interest rate reduction by the Federal Reserve, according to traders. By midday, the dollar was trading at 147.17-22 yen, down from 147.43-53 yen in New York and 147.85-87 yen in Tokyo as of 5 p.m. on Tuesday. The euro was trading at $1.1188-1191 and 164.65-75 yen versus $1.1180-1190 and 165.00-10 yen in New York, and at $1...

The combined bid submission deadline is set for 29 May. Singapore's Ministry of Health (MOH) and Housing & Development Board (HDB) have jointly piloted a new Price-Quality Method (PQM) tender approach to evaluate both price and quality factors when renting out HDB shops to general practitioner clinics. The combined bid situated at Bartley Beacon will conclude on May 29th. In this trial program, the tenders' proposals will be weighted at 70%, with the evaluation focusing mainly on their quality. The remaining 30% will come from an assessment of the tender prices conducted by HDB. In the meantime, the M OH will evaluate the proposals' quality across several dimensions, such as care models, personnel expertise, and operational strategies.