The naval officer who stood against FCT Minister Nyesom Wike has got Nigerians talking after a video of him addressing his men as the minister left emerged.
The Nigerian government has begun a system to integrate the credit scores of Nigerians to their National Identification Numbers (NIN) to track credit scores.
A major new study published Thursday on the effectiveness of climate measures such as taxes or subsidies in reducing greenhouse gases has found stand-alone measures fail to make a big difference. "Their conclusion that big impacts require combinations of policies makes absolute sense," he added.
Nigerian businesses expect the naira to weaken between now and December, but to strengthen the following year, according to a Central Bank of Nigeria (CBN) analysis.
A massive 2,492-carat diamond -- the second largest in the world -- has been discovered in Botswana, the Canadian mining company that found the stone announced Thursday. Before the find was announced on Thursday, the largest diamond discovered in Botswana was a 1,758-carat stone mined by Lucara at the Karowe mine in 2019 and named Sewelo.
Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said Thursday. The company has also faced controversy in recent years, with Swiss NGO Public Eye accusing Nestle of selling baby food with high levels of added sugar in low-income countries but not in wealthier nations.
Danish drugmaker Bavarian Nordic said Thursday that it was "better prepared" to supply its mpox vaccine for the current surge of the virus than it was for the 2022 epidemic. Last week, the health agency of the African Union said some 200,000 vaccines would be deployed across Africa, thanks to agreements with the EU and the Danish drugmaker, whose vaccine was approved in 2019.
A labor dispute in Canada threatened to disrupt the North American economy on Thursday after the county's two rail operators shut operations, locking out nearly 10,000 workers.
Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines. Housing inventory also edged up from June, NAR data showed.
The Nigerian currency, the naira, came back against the dollar in the official market after the CBN announced a record remittance inflows into the Nigerian economy.
A Paris court Thursday rejected an appeal by a French-Vietnamese woman who has been trying to sue Monsanto and other makers of Agent Orange for the chemical's use in the Vietnam war. The Paris Court of Appeal used the same argument in rejecting Nga's claim.
Economy
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