Amid the controversial Christian persecution claim by President Donald Trump and threats of US military invasion, Primate Elijah Ayodele on Tuesday spoke out.
FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on Nigerians, small businesses, and supporting low-income earners.
Asian shares mostly rose Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the end of the week. However, the readings ramped up bets on a Fed cut, with markets pricing in two by the end of the year, with the first in September.
Social media outlet Reddit filed a lawsuit Wednesday against artificial intelligence company Anthropic, accusing the startup of illegally scraping millions of user comments to train its Claude chatbot without permission or compensation.
Lagos State takes a bold step toward digitalising its governance system as 10 more MDAs join the e-procurement platform. The automation journey has commenced.
The naira has risen to a 20-day high in the Nigerian Foreign Exchange Market, appreciating to N1,564 per dollar on Wednesday, June 4, 2025, from N1,579.
With shops planning midnight launch parties after a run on pre-orders, Nintendo releases the Switch 2 on Thursday, hoping to score record early sales for a games console. "For us, this will be a record in terms of first-day sales for a games console," said Charlotte Massicault, director of multimedia and gaming at France's Fnac Darty.
The commissioner urged hotel operators, beach operators and other businesses in the hospitality sector to comply with the directive, or risk facing sanctions.
Germany's government on Wednesday put forward a sweeping package of corporate tax breaks aimed at boosting investment and pulling Europe's largest economy out of the doldrums. Under the plans, Germany's corporate tax rate would fall by one percent a year from 2028 to reach 10 percent, down from 15 percent.
A Czech state-run company signed Wednesday a deal with South Korea's KHNP to build two nuclear reactors in the EU country after a court dismissed a bid by France's EDF to block the deal. KHNP is due to build the two units at the southern Czech nuclear plant of Dukovany run by the state-run CEZ group.
US private sector hiring hit its slowest pace since 2023 in May, according to data Wednesday from payroll firm ADP, significantly missing expectations in a month where all eyes are on the effects of President Donald Trump's trade war. Private sector employment rose by 37,000 jobs last month, slowing from the 60,000 figure in April.
Economy
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