The leading opposition PDP has announced the expulsion of the FCT Minister, Nyesom Wike, the former governor of Ekiti state, Ayodele Fayose and many others.
The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund.
The managing director of Financial Derivatives Company Limited, Bismarck Rewane, has predicted that the naira will recover from N1,500 per dollar to N1,700.
Foreign oil companies operating in Nigeria were forewarned by the Federal Government on Wednesday to cease defying directives from various regulatory agencies.
Germany's state-owned train operator Deutsche Bahn said Thursday that its year-on-year net losses soared 16-fold in the first half of 2024, reflecting the impacts of extreme weather, strikes and upgrades to its ageing network.
US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building despite high interest rates, government data showed Thursday, after a slow start to the year. The acceleration "primarily reflected an upturn in private inventory investment and an acceleration in consumer spending," said the Commerce Department.
Faced with growing global inequality, G20 finance ministers meeting Thursday in Rio de Janeiro will tackle the thorny issue of taxes for the super-rich, a topic that has divided member states. The organization was originally focused on global economic issues but has increasingly taken on other pressing challenges -- even though member states do not always agree on what should be on the agenda.
Since its debut in 2017, Access Bank, a financial institution in Nigeria, has disbursed N740 billion to 18 million borrowers of digital loans through its PayDay app.
Far north of iconic wine regions like Bordeaux and Tuscany, Sweden is seeing a burgeoning industry of vineyards and a first generation of winemakers trying to carve out a niche. Sofrakis runs a small vineyard in the far south of Sweden but is a champion of Swedish winemaking.
Police on Thursday arrested climate activists who glued themselves to the tarmac at Frankfurt airport, Germany's busiest, compelling it to temporarily suspend arrivals and departures. Seven of the activists had managed to reach the runway where they glued themselves onto the tarmac, a police spokesman said.
French oil heavyweight TotalEnergies on Thursday reported slumping profits in the second quarter, blaming lower margins in refining and falling sales and prices for natural gas. There was a still steeper tumble of more than a third for its refining and chemicals operation, with TotalEnergies blaming "lower refining margins mainly in Europe... and the Middle East".
Economy
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