Military probe uncovers N45bn from NDDC allegedly linked to coup plot; ex-governor’s home raided, top officials quizzed, panic spreads at commission.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs. Germany has the largest trade surplus with the United States of any European Union member state, according to the bloc's most recent data, with the EU's overall surplus angering Trump.
A project manager in Belarus's once-flourishing tech industry, Andrei Dorin admits his sector is in "crisis". Tech has been one of the few relatively liberalised sectors in ex-Soviet Belarus's state-dominated economy.
Hong Kong will file a complaint with the World Trade Organization in response to heightened US tariffs on its goods, a government spokesperson said Friday, days after Beijing announced a similar move.
Three former employees at London's Harrods store have accused another brother of its late boss Mohamed Al-Fayed of sexual assault, after hundreds of similar claims were made against the tycoon, the BBC reported Thursday. London's Metropolitan police has opened a new investigation into sexual assault claims against Mohamed Al-Fayed, which has identified at least 90 victims. aks/jkb/ach
The Lagos Chamber of Commerce and Industry has asked the federal government to suspend its plan to implement a 4% customs Free On-Board (FOB) charge.
Nick was enjoying his Saturday off work in Pennsylvania when he received an unexpected and alarming message: cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall. The value of Bitcoin, by far the most important crypto which has broken record after record and gained around 50 percent since Trump's election, dropped six percent at the height of the crash.
Most Asian equities advanced Friday as investors head into the weekend awaiting the release of US jobs data, while traders kept a nervous eye on Washington as the Trump administration presses ahead with a hardball trade agenda. Still, for now investors were enjoying the relative calm as analysts say the White House's moves have so far been less strident than initially feared.
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs. However, Amazon's shares dropped more than 5 percent in after-hours trading, mirroring reactions to Microsoft and Google's results - strong profits overshadowed by concerns about AI spending.
E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than hoped for by analysts.
Economy
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