Military investigators identified Colonel Mohammed Ma’aji as the main architect and financier of the foiled coup against President Tinubu, leading to 16 arrests.
Nigerians can now apply for interest-free loans up to ₦300,000 via GEEP for 2026, supporting micro and small enterprises, fostering financial inclusion and growth.
The Central Bank of Nigeria (CBN) has threatened to revoke the licences of banks and other foreign exchange traders, violating its new FX guidelines.
Luxury giant Gucci announced Thursday it was parting ways with its chief designer Sabato De Sarno following a sales slump, in the latest shakeup at a major European label. "Gucci today announces the end of its collaboration with creative director Sabato De Sarno," the fashion brand owned by French luxury group Kering said.
The Nigerian currency, the naira has depreciated in the official window for the fourth day in February after CBN extended the forex sales to BDC operators.
All transactions involving end users' BVNs and dollar sales on foreign passports must be documented, according to new instructions by the CBN to BDC operators.
Global experts will debate threats from artificial intelligence (AI) at a gathering in Paris on Thursday and Friday, ahead of a summit of world leaders on the fast-moving technology. "This summit has to be a moment to position Paris as the global capital of AI," digital minister Clara Chappaz told AFP journalists.
Nissan's board is in favour of abandoning merger talks with Honda but calling them off has yet to be officially decided by executives at the two Japanese carmakers, a source close to the matter told AFP on Thursday. The source said Thursday that Nissan's board of directors had agreed to abandon the talks on Tuesday.
Standing by his winter wheat field on a plot of land where tall electricity pylons are set to be built, John Stacey feels far from bright about the future. For Stacey, in his 60s, the construction on his land threatens not just where he works but also his home.
The Bank of England was widely expected to cut its key interest rate on Thursday to help support weak British growth even if UK inflation stays elevated. The Bank of England cut in August for the first time since early 2020, from a 16-year high of 5.25 percent after UK inflation fell sharply.
At an open-cast mine, Abdullahi Ibrahim Danjija carefully chisels away at a hunk of whitish rock before stuffing a sack with the pieces which break off the walls. One such vendor, Matthew Danbala, crouched down as he bashed pieces of rock together.
Economy
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