Atiku Abubakar approved a lean 2027 campaign council, naming El-Rufai deputy chairman and Dele Momodu media chief as the ADC unveils its national election team.
Naira weakens to N1,328.50 at official market as dollar demand rises; reserves hit $54.808bn and Brent tops $102 amid global rate and geopolitical pressures.
A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge. Even so, he said the revelations from the case meant Vietnam "will have to take exceptional steps to audit the banking system effectively".
In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung has long hated riding in Hanoi, rated among the world's top 10 polluted capital cities in 2023 by air quality technology firm IQAir.
South Korean stocks sank more than two percent Wednesday while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before reversing the decision hours later.
The partner of the ex-CEO of the Abercrombie and Fitch clothing line pleaded not guilty Tuesday in US federal court to charges of sex trafficking and interstate prostitution and was released on $10 million bond. Jacobson also pleaded not guilty to the same charges as the other defendants and was released on half a million dollars bond in October. bur-nr/dw/md
Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector. Even if Google, Microsoft and OpenAI have taken the lead on AI, AWS remains the market leader in cloud computing, which is needed to power artificial intelligence tools and products.
A Bolivian court has sentenced ex-president Gonzalo Sanchez de Lozada in absentia to six years and three months in prison for handing out dozens of oil contracts without parliamentary approval, the justice ministry said Tuesday.
US consumers turned out in force in stores and online over the Thanksgiving weekend, a key stretch in the holiday shopping season, a leading retailer group said Tuesday. A total of 126 million people shopped in-store in 2024 compared with the 124.3 million who shopped online; the reverse was true in 2023.
The Debt Management Office has opened two FGN bonds for subscription, maturing in 2026 and 2027, respectively. The bonds attract 17.48 and 18.48% interest.
In Libya, a shortage of cash in the banking system has pushed many to turn to cards for payments after more than a decade of war and instability has hammered the country's financial system.
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