A trader from Edo, Osifo Stanley, has emerged as President Bola Tinubu’s first challenger after purchasing APC presidential nomination forms worth N100 million.
CBN introduces zero fees for transfers below ₦5,000, encouraging cashless transactions. New PoS charges offer predictability, despite higher fees on larger transfers
Nike reported lower profits on another drop in revenue Thursday, with new CEO Elliott Hill vowing to get the slumping sports giant back on track. A self-described Nike "lifer" who first joined the company as an intern, Hill retired from the sports giant in 2020.
El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official said Thursday.
The IMF and Argentina have begun negotiations over a new loan agreement as the current program draws to a close, a spokesperson for the international financial institution confirmed Thursday. The IMF's current 30-month loan agreement with the South American country expires on December 31, and is worth around $44 billion, making it the largest program it has.
Thousands of Amazon workers on Thursday launched what they called the "largest strike against Amazon in US history" seeking to maximize pressure on the retail behemoth at the height of the holiday shopping season. In Germany, an affiliate of the union ver.di also launched a stoppage at an Amazon facility in the western part of the country, saying it was operating in solidarity with the US union.
Nigerian graduates have been encouraged to apply for the NNPC Limited and TotalEnergies International Masters Degree Scholarship for 2024 in France.
Sweeping tariffs under consideration by Donald Trump could cause "massive" increases to the cost of producing everyday goods including coffee and chocolate, President Biden's top economic advisor said Thursday. "So you could see a real, massive change in their cost structures, which would lead to massive increases in their prices."
Turkey's Pegasus Airlines said Thursday it would buy 200 Boeing 737 MAX 10 aircraft in its largest-ever order worth some $36 billion as it seeks to expand its service. "Pegasus has signed an agreement with The Boeing Company for 200 Boeing 737-10 aircraft," the low-cost airline said in a statement that valued the "historic" contract at "approximately $36 billion".
The United States was staring down the barrel of a holiday-period government shutdown Thursday as a late-hour intervention by Donald Trump and Elon Musk threatened efforts in Congress to keep the lights on through the New Year.
14 substations to be upgraded and 21 new ones set up under the Presidential Power Initiative, to deliver additional 150MW to be delivered to Nigeria's national grid.
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