Several officials and agencies were linked to an alleged coup plot in Nigeria, with arrests, raids, and financial trails sparking national concern.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global after receiving assurances the merged company will follow Trump administration guidelines against programs promoting diversity, equity and inclusion.
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be "more agile." "Intel has completed the majority of the planned headcount actions it announced last quarter to reduce its core workforce by approximately 15 percent," the company said in an earnings release.
The Lagos Chamber of Commerce and Industry (LCCI) has shared an opinion about Nigeria's Gross Domestic Product (GDP), stating why it is not yet uhuru.
French luxury group LVMH saw net profit plummet 22 percent in the first half of 2025, the company announced Thursday, blaming the plunge on an "unsettled economic and geopolitical" backdrop. In the wake of the US president's April 2 "Liberation Day" tariff announcements, Arnault, Europe's richest man, saw Hermes overtake LVMH as the world's most valuable luxury company.
President Bola Tinubu is seeking legislative approval to borrow $347 million to finance the Lagos-Calabar Coastal Highway, whose cost has ballooned.
American Airlines shares tumbled Thursday as the carrier projected a third-quarter loss due to lingering weakness in the US leisure market. The carrier projected a third-quarter loss of between 10 and 60 cents per share, and offered a full-year forecast range of between a loss of 20 cents and a gain of 80 cents per share.
Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy. The Federal Reserve, the world's most important central bank, makes independent monetary policy decisions, and its board members typically serve under both Republican and Democratic presidents.
With the contours of a hard-fought EU-US trade deal taking shape, the European Union is flexing its muscles in a bid to squeeze concessions from US President Donald Trump in the run-up to his deadline of August 1.
Prime Minister Keir Starmer praised Britain's "unique bonds" with India as he and his Indian counterpart Narendra Modi formally signed a recently announced UK-India trade deal during talks on Thursday. Starmer and Modi announced in May they had struck a free trade agreement that the British government says will eventually add £4.8 billion ($6.5 billion) a year to the UK economy.
Economy
Load more