Several officials and agencies were linked to an alleged coup plot in Nigeria, with arrests, raids, and financial trails sparking national concern.
The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund.
A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.
US President-elect Donald Trump has threatened to demand control of the Panama Canal be returned to Washington, complaining of "unfair" treatment of American ships and hinting at China's growing influence.
President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the United States, though the path forward remains unclear. Even with Trump's decisive election victory and incoming Republican-led Congress, acquiescing to the president-elect's desire and preventing the ban faces significant hurdles.
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories, but the car giant's shares fell heavily on Monday. Even without shuttering factories, Blume said the agreement would lead to a reduction in production capacity of around 730,000 vehicles a year.
The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.
The naira crash and devaluation dealt a devastating blow to local and foreign companies operating in Nigeria in 2024, with most companies shutting down.
IPMAN has urged its members to reduce their pump price to reflect the price reduction from Dangote. IPMAN says no fuel queues or scarcity expected this yuletide.
The FG-sponsored discounted road trips, earlier billed to start on December 20, may now commence on December 24 running from Lagos and FCT to other locations.
Britain's economy was stagnant in the third quarter, according to revised official data released Monday, dealing a fresh blow to the Labour government. The ONS also revised down its second quarter growth reading to 0.4 percent from 0.5 percent.
Economy
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