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Finance & Markets

FirstHoldCo Reports N911bn Profit Before Tax in 9 Months 2026; Reinforcing Profitability and Resilience

First HoldCo Plc’s 9 months 2026 performance marks an important transition: the Group is moving from balance sheet repair toward a more resilient, capital-supported growth phase.

  • First HoldCo reports N911.2 billion profit before tax in 9 months of 2026
  • Profit after tax increases 65.1% year-on-year to N744.5 billion
  • Non-interest income surges 143.5% to N722.9 billion

World

DPM Dar, Chinese envoy review CPEC progress

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met Chinese Ambassador Jiang Zaidong on Sunday to review progress on the China-Pakistan Economic Corridor and reaffirm bilateral ties, the Foreign Office said.

Culture

Samsung SDI Wins 1.5 GWh U.S. ESS Deal

Samsung SDI America, Inc. (SDIA) said on Oct. 26 that it had signed a contract with U.S. energy company Alpha Omega Power (AOP) to supply ESS solutions with a capacity of 1 GWh.

  • Samsung SDI secures 1.5 GWh ESS deal with Alpha Omega Power.
  • SBB 1.7 battery uses NCA batteries with 17% increased energy density.
  • SBB 1.7 features AI-based predictive diagnosis and UL 9540 safety certification.

Science

A simple liquid can stop cavities without drilling, major study confirms

A simple liquid painted onto teeth in seconds can stop cavities without drilling, injections, or anesthesia, according to a major clinical trial involving young children.

  • Silver diamine fluoride (SDF) stops tooth decay in young children without drilling.
  • Phase III trial with 830 children aged 6 or under in Michigan, New York, and Iowa.
  • 38% SDF solution applied every six months to halt decay in over half of affected baby teeth.

Culture

Timberwolves stay unbeaten, ending Raptors season-opening two game winning streak

Anthony Edwards scored 26 points in 27 minutes to lead a hot-shooting home opener for the Minnesota Timberwolves in a 117-94 victory Sunday over a Toronto Raptors team missing star Kawhi Leonard.

  • Minnesota Timberwolves start season 0-2, ending Raptors' 2-game winning streak
  • Anthony Edwards leads Timberwolves with 26 points in 27 minutes
  • LaMelo Ball scores 15 points, shoots 4/5 from three in season debut

AI

Weapon or armour? The contentious debate over China’s open-weight AI

Are China’s increasingly powerful open-weight AI models a cybersecurity threat, or could restricting them ultimately make the internet less secure? The dilemma has become a growing concern as Chinese developers including DeepSeek, Z.ai and Alibaba Group Holding – owner of the South China Morning Post – continue to challenge their American…

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