Donald Trump said the US is preparing for possible military action in Nigeria over alleged Christian genocide. Here are the specific areas that can be affected.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week.
Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month.
The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. Analysts at DNB bank said "there is no room for additional OPEC+ oil in 2025" on the market and a boost in output would push down crude prices.
OpenAI and military defense technology company Anduril Industries said Wednesday that they would work together to use artificial intelligence for "national security missions."
According to the Association of Mobile Money and Bank Agents in Nigeria, fraudsters stole N42.6 billion from Nigerian banks in the second quarter (Q2) of 2024.
OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." "It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses."
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
British company Games Workshop, makers of miniature wargames figures, entered London's top-tier FTSE 100 index, the London Stock Exchange announced Wednesday, propelled by the profitability of its Warhammer franchise and its licencing potential.
In a statement released, the Central Bank of Nigeria said that its early exit package is entirely voluntary and has no adverse consequences for qualified workers.
Economy
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