US President Donald Trump recalls Richard Mills and other ambassadors, reshaping diplomatic ties with Nigeria amid visa disputes and security challenges.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting a $4-5 billion hit to the US auto giant's 2025 earnings from President Donald Trump's tariffs. GM postponed its earnings conference call until Thursday after Trump's tariffs move.
Mexican President Claudia Sheinbaum said Thursday that she had spoken with her US counterpart Donald Trump and agreed to work toward improving the trade balance between the two nations.
Swedish furniture giant IKEA on Thursday opened a new store in the heart of London's shopping district, with a flurry of balloons, flags -- and giant meatballs. Some shoppers held Swedish and UK flags as they posed for photos with a giant meatball, as others browsed the store, which it is hoped will help regenerate Oxford Street after the closure of several big-name outlets.
Microsoft announced Thursday that it will increase Xbox console prices worldwide, citing "market conditions" just days after Sony made a similar move with its PlayStation 5. In mid-April, Sony announced price increases for several PlayStation 5 models in select markets, including Europe but notably excluding the United States.
Nestle Nigeria has been reputed to be one of the biggest FMCG in the country, but major FX losses in 2023 and 2024 hit the bottomline, causing investors to worry.
The federal government is on the move to increase the number of CNG-powered automobiles in Nigeria, and more conversion stations are being set up.
CBEX has finally explained what happened to investors' funds and provided a new date investors can withdraw 50% of their funds. But, there are conditions to be met.
Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run by Elon Musk, the billionaire advisor to US President Donald Trump.
United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.
Economy
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