Professor Mansur Ibrahim Sokoto alleges Bola Ahmed Tinubu utilised a Muslim-Muslim ticket for the 2023 election, prioritising Lagos over the northern region's needs.
Naira depreciated to N1,353 per dollar as foreign exchange demand rises; Nigeria's reserves dip to $49.83bn amid soaring global oil prices and Middle East tensions.
ChatGPT developer OpenAI said Thursday that it would allow some European customers to store and process data from conversations with its chatbots within the European Union, rather than on its infrastructure in the United States or elsewhere.
Panama on Thursday rejected the United States' claim of securing free passage for its government vessels through the Panama Canal, while bowing to US pressure to quit a key Chinese project.
French cosmetics giant L'Oreal said Thursday its profits rose last year despite the declining Chinese market and it made bullish statements about its hopes for 2025. Given that Chinese demand had failed to rebound last year as hoped Hieronimus said the group had nonetheless performed well, enjoying good years in Europe and the United States.
US President Donald Trump's trade envoy nominee Jamieson Greer told his confirmation hearing Thursday that universal tariffs should be "studied and considered" as a potential way to reverse offshoring and deficits. Greer told lawmakers Thursday that the United States should be a "country of producers," as he faced questions by lawmakers on trade.
Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter slowdown but that the outlook for this year is tougher. Volvo Cars shares slumped back around 11 percent mid-afternoon on the Stockholm Stock Exchange, with investors disappointed over year-end profitability and concerned about the 2025 outlook.
Businesses that default the provisions of the Company and Allied Matters Act (CAMA) will now have to answer to the CAC's Administrative Proceedings Committee.
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say.
The EU on Thursday told online fashion giant Shein to hand over information on risks linked to illegal products on its site, paving the way for a second probe into the Chinese-founded firm. "The Commission is requesting Shein to provide internal documents and more detailed information on risks linked to the presence of illegal content and goods on its marketplace," it said.
French company Decathlon, the world's biggest sports equipment retailer, on Thursday defended its human rights record after reports it had benefited from forced labour in China.
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