Privacy Policy - GongNews
/ Oct 17, 2026
/ Oct 17, 2026

Privacy Policy

At Gong News, we prioritise the protection of our visitors’ privacy and personal data. This Privacy Policy outlines how we handle information when you visit www.gongnews.org and your rights regarding it.

Information We Collect

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How We Use Your Data

We use the information we collect to:

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Data Protection and Non-Disclosure

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  • No Sale of Data: We do not sell, rent, or trade your personal data to third-party services for any reason.
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Third-Party Services

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Your Rights

You have the right to request access to any personal information we hold about you or to ask that we delete your contact information from our records.

Updates to This Policy

We may update our Privacy Policy from time to time. We notify our readers of any changes by posting the new Privacy Policy on this page with a revised “Last Updated” date.

While You're Here...

Elon Musk's Tesla Roadster concept equipped with thrusters, unveiled during a livestreamed demonstration at a SpaceX facility in Texas.

Elon Musk unveils Tesla flying car, targets 2028 production

Tesla chief executive Elon Musk has unveiled a new Roadster sports car equipped with thrusters, describing the demonstration as a step towards making flying cars a reality.   The vehicle was showcased during a livestreamed event at a SpaceX test facility in Texas on Thursday, with the demonstration broadcast on Tesla’s X account. During the presentation, the car launched from a steep ramp before landing on its wheels, prompting Musk to declare, “Flying cars are real.” However, the billionaire acknowledged uncertainty surrounding the technology, saying the vehicle’s “success is not guaranteed” but that “it will probably work”. Musk said the car was fitted with ultra-high-pressure air tanks designed to propel it into the air, although the demonstration described in the presentation did not establish that it could sustain flight. He attributed the development to collaboration between Tesla, the electric vehicle manufacturer, and SpaceX, his rocket company. “What happens when you have a collaboration with the world’s best car company and the world’s best rocket company,” Musk said, describing the project. According to Musk, the vehicle is expected to enter production in 2028. However, technical and regulatory hurdles remain significant challenges for the wider flying-car industry. Flying Cars Face Technical Challenges The concept of flying cars has existed for more than a century. American aviation pioneer Glenn Curtiss unveiled an early flying-car prototype in 1917. Despite decades of experimentation, practical flying cars have yet to achieve widespread commercial adoption. Recent advances in electric motors and high-performance batteries have renewed interest in the sector, with developers exploring vehicles that combine road transport with aviation capabilities. However, such vehicles face challenges involving safety, engineering, airspace regulation and commercial viability. Musk’s announcement places Tesla’s latest Roadster concept within this evolving industry, although its planned 2028 production timeline will depend on the project’s technical progress and the requirements for bringing the vehicle to market.
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OPay executives attend the 2026 BusinessDay BAFI Awards in Lagos, where the company won Digital Bank of the Year and Financial Inclusion Leader of the Year.

OPay wins Digital Bank and Financial Inclusion Awards at BAFI 2026

OPay has won two awards at the 2026 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, emerging as Digital Bank of the Year and Financial Inclusion Leader of the Year.   The awards were presented at the 14th edition of the ceremony, held on 9 October 2026 at the Civic Centre in Lagos, in recognition of the company’s contributions to digital financial services and financial inclusion in Nigeria. According to a press release published by TheCable on Thursday, the awards recognise OPay’s efforts to expand access to financial services through technology. The company supports tens of millions of users and more than one million merchants and businesses, providing financial services through mobile applications, USSD, cards, digital wallets and agency banking. Its multi-channel approach is designed to make financial transactions more accessible, particularly for underserved communities, while supporting individuals, small businesses and merchants. Speaking on the recognition, Dotun Adekunle, OPay’s Chief Operating Officer and Chief Technology Officer, commended BusinessDay for recognising excellence in Nigeria’s financial services sector. He said the awards reaffirmed the company’s commitment to providing reliable and secure services that deliver value to Nigerians. Adekunle added: “Our services are Okay, our people are Okay, and OPay is Okay.” The company said its nationwide network of merchants and agents continues to connect individuals and businesses to digital financial services, encouraging participation in the formal financial system. OPay also reiterated its commitment to prioritising customers, building trust and developing solutions to simplify everyday financial transactions. Established in 2018, OPay provides services including money transfers, bill payments, airtime and data purchases, card services and merchant payments. The company said it is licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation, with the same insurance coverage as commercial banks.
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Nigerian gospel singer Toluwanisings, whose death was confirmed by his family on October 14, 2026.

Gospel singer Toluwanisings is dead, Woli Agba confirms

Nigerian gospel singer Olayemi Bolaji, popularly known as Toluwanisings, has died, prompting an outpouring of grief from colleagues and fans.   His death was confirmed on Wednesday, October 14, 2026, by comedian Ayo Ajewole, widely known as Woli Agba, in an Instagram post mourning the singer’s passing. Woli Agba described the death as a painful loss, paying tribute to Toluwanisings’ distinctive voice and the joy his music brought to listeners. “Sunset at Midday. Ah! Toluwanisings! An angel just passed on. A VERY UNIQUE VOICE has dropped the microphone and walked off the stage just like that,” the comedian wrote. He added that the singer’s music had touched many lives and created lasting memories, expressing disbelief at his sudden departure. In a separate announcement published on Toluwanisings’ official Instagram page, his family confirmed that he died in the early hours of October 14. The statement identified him as Olayemi Bayonile Bolaji, describing him as a dearly loved husband, family member and gospel minister under the Toluwani Gospel Music Ministry (TOGOMM). The family appealed to the public to remember his wife and loved ones in their prayers during the difficult period. It also said details of his funeral arrangements would be announced in due course. The cause of death has not been officially disclosed. However, reports suggest that the singer slumped before his death. Toluwanisings was known for his energetic praise songs, Yoruba-inspired gospel music and contemporary worship recordings. Some of his popular songs include A Very Big God, Eleda and I’m Not Alone. He developed an interest in music at a young age through singing in church choirs, which helped shape his career in gospel music. Throughout his career, he collaborated with fellow gospel artistes, including Tosin Bee and Adeyinka Alaseyori. He is survived by his wife and family.
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Nigeria to restore petrol subsidy

IMF warns Nigeria against restoring petrol subsidy

The International Monetary Fund (IMF) has warned the Federal Government against restoring a blanket petrol subsidy, urging authorities to prioritise targeted financial assistance for vulnerable households amid rising energy costs.   The Fund said broad fuel subsidies are expensive, disproportionately benefit higher-income consumers and increase pressure on public finances, particularly as borrowing costs rise. According to a report by Channels Television, the IMF Director of the Fiscal Affairs Department, Rodrigo Valdés, made the recommendation during a press briefing on the Fiscal Monitor at the 2026 IMF and World Bank Annual Meetings in Bangkok. Valdés spoke in response to concerns that allowing fuel prices to reflect market conditions could increase transport fares, worsen inflation and deepen poverty in Nigeria. The discussion comes amid growing calls for the government to restore petrol subsidies ahead of the 2027 general elections, as Nigerians continue to grapple with the effects of high fuel prices on living costs. “Protecting people is not the same as protecting the price of fuels,” Valdés said. He explained that fuel subsidies and other measures designed to prevent energy prices from adjusting fully to supply shocks had cost countries between one and 1.5 per cent of their gross domestic product in 2026. The IMF official argued that governments could achieve better results by directing assistance towards households that need it most rather than subsidising fuel prices across the board. He recommended the use of social safety nets and household data to identify vulnerable citizens and ensure that support reaches the intended beneficiaries. FG Introduces Temporary Petrol Discount The IMF’s advice comes as the Federal Government seeks to cushion the impact of rising petrol prices on Nigerians. The government recently announced a 30-day petrol discount at Nigerian National Petroleum Company Limited retail outlets, with public transport operators given priority. The temporary measure is intended to ease some of the pressure from rising fuel costs, particularly on transport operators and commuters. However, the IMF’s position highlights the policy challenge facing the government as it seeks to balance the need to protect households from rising living costs with concerns about public spending and fiscal sustainability. Rather than restoring a broad petrol subsidy, the Fund is advocating targeted interventions designed to support vulnerable households without imposing the wider financial burden associated with keeping fuel prices artificially low.
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Breaking Bad star RJ Mitte dies at 34 as co-stars mourn

American actor RJ Mitte, best known for playing Walter White Jr. in the acclaimed television series Breaking Bad, has died at the age of 34.   His representatives confirmed his death to AFP on Monday, October 12, 2026. The cause of death has not been disclosed. In a statement issued by his representative, Sean Reilly, Mitte was described as a beloved actor, philanthropist and passionate disability rights advocate. “It is with profound sadness that we share the tragic passing of beloved actor, philanthropist, and passionate disability rights advocate RJ Mitte,” the statement said. Mitte rose to international prominence in 2008 when he joined Breaking Bad as Walter White Jr., the son of Walter White, a chemistry teacher who becomes a drug kingpin. The character was central to the personal and family storyline of the series, which starred Bryan Cranston in the lead role. RJ Mitte Championed Disability Awareness Mitte lived with cerebral palsy, and his personal experience helped shape his advocacy for disability awareness, inclusion and representation in the entertainment industry. According to Reilly, Mitte used his platform to challenge stereotypes and promote greater visibility for people living with disabilities. He served as an ambassador for United Cerebral Palsy and Shriners Children’s, a non-profit hospital network. He also served as president of The Mitte Foundation, supporting philanthropic activities and community initiatives. His work extended beyond acting, making disability rights and inclusion important parts of his public life. ‘Breaking Bad’ Co-Stars Pay Tribute Following news of his death, Mitte’s former co-stars paid emotional tributes to the actor. Bryan Cranston recalled that Mitte was just 14 when the series began filming. He praised the young actor for facing the show’s demanding production schedule with determination. Cranston also reflected on Mitte’s development as an actor, recalling how he gradually grew into a talented performer during the production of the series. Aaron Paul, who played Jesse Pinkman, Walter White’s former student and partner in the drug business, expressed his grief in a tribute. “RJ, I love you, my friend. You will be missed,” Paul said, according to The Hollywood Reporter. He also used the moment to remind people that they are loved and not alone. Dean Norris, who portrayed Hank Schrader, Mitte’s on-screen uncle and a Drug Enforcement Administration agent, said he was heartbroken by the news. Norris recalled looking out for Mitte when he was a young actor on set, describing him as a sweetheart who would be greatly missed. Actress and disability rights campaigner Marlee Matlin also paid tribute to Mitte. The pair appeared together in Cinemability: The Art of Inclusion, a documentary exploring the portrayal of disability in American film and television. Matlin described herself as heartbroken, adding that Mitte would always have a place in her heart. A Lasting Legacy in ‘Breaking Bad’ Breaking Bad ran for five seasons from 2008 to 2013 and became one of television’s most celebrated dramas. The series followed Walter White, a chemistry teacher who turns to manufacturing and selling illegal drugs after receiving a cancer diagnosis. Its exploration of crime, family and moral decline earned widespread critical acclaim. Cranston’s portrayal of Walter White brought him international recognition, while Mitte’s performance as Walter White Jr. helped establish the character’s place in the series’ family storyline. Beyond his work on screen, Mitte’s advocacy for disability awareness and inclusion formed a significant part of his legacy. His death at 34 has prompted tributes from colleagues who remembered him not only for his acting but also for his personal warmth and commitment to disability rights.
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IMF officials attend the World Economic Outlook press briefing during the IMF and World Bank annual meetings in Bangkok, Thailand, on 13 October 2026.

IMF warns AI market correction cyber attacks threaten global finance

The International Monetary Fund (IMF) has warned that a potential correction in artificial intelligence investments and escalating cyber threats could trigger severe disruptions in the global financial system.   The warning was contained in the IMF’s latest Global Financial Stability Report, released on Tuesday during the annual meetings of the IMF and the World Bank in Bangkok, Thailand. According to the report, the risks could trigger a sharp tightening of financial conditions and significant market turmoil. AI Investment Boom Raises Concerns The IMF said the rapid expansion of artificial intelligence, alongside increased investments in semiconductor manufacturing and data centres, had supported global economic growth despite geopolitical tensions, including the war in the Middle East. However, the Fund warned that expectations surrounding AI investments could prove overly optimistic. It noted that emerging evidence suggested AI capabilities could be delivered with lower investment levels than previously anticipated, while the potential economic gains might not be as substantial as expected. The report cautioned that weaker investment, reduced profitability or less durable returns from AI projects could trigger a market correction. Such a downturn could affect investors and financial markets that have benefited from the rapid growth of AI-related businesses. Cyberattacks Could Disrupt Financial Markets Beyond investment risks, the IMF warned that severe cyber incidents could undermine market confidence and disrupt critical financial infrastructure and operations. Athanasios Vamvakidis, deputy director of the IMF’s Monetary and Capital Markets Department, told reporters that cyber threats to the financial system remained both known and unpredictable. He said strengthening resilience before new economic shocks emerged should be a policy priority. The report also warned that improving AI capabilities could make successful cyberattacks against major financial institutions and market infrastructure increasingly likely. It added that rapid digitalisation had expanded the potential targets for attacks, raising the possibility of serious consequences for the financial system. Emerging markets could face greater exposure because some countries had not committed sufficient resources to cyberattack prevention, Caio Ferreira, deputy division chief at the IMF’s Monetary and Capital Markets Department, said during the news conference. However, the report noted that advanced AI models could also support cyber defence efforts. IMF Flags Rising Bond Yields The IMF identified rising government bond yields as another threat to global financial stability. It warned that further increases in energy prices could reignite inflation, potentially forcing central banks to tighten monetary policy and pushing bond yields higher. The report stressed the importance of sovereign bond markets to the global financial system, warning that disruptions in these markets could trigger broader financial shocks. The latest assessment adds to concerns about the wider economic consequences of AI adoption, including its implications for employment, education and inequality. The IMF urged policymakers to  strengthen financial resilience and prepare for potential shocks as technological developments and geopolitical pressures reshape the global economic landscape.
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