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US tax agency weighs firing half of its 90,000 employees
The US Internal Revenue Service (IRS) is considering letting go up to half of its approximately 90,000 employees, a source with knowledge of the situation told AFP on Tuesday. When asked about US press reports of the plans to halve the IRS headcount, the source confirmed such a project was being discussed internally.
WCQ: Eric Chelle invites defender who subdued Romelu Lukaku for Rwanda, Zimbabwe
Super Eagles coach Eric Chelle has called up a talented defender for two must-win 2026 FIFA World Cup qualifiers against Rwanda and Zimbabwe next month.
Ebuka Songs finally reacts to interview of Moses Bliss speaking on his contract exit: “I am unhappy”
Gospel singer Ebuka Songs spoke about the interview where his former music boss Moses Bliss spoke about their contract breach, triggering reactions online.
Will Obasa resign days after reinstatement as Lagos assembly speaker? APC reacts
Lagos APC says no plan for the reinstated speaker of the Lagos state house of assembly, Mudashiru Obasa, to resign when plenary resumes as earlier speculated.
Dangote announces new partner to sell its petrol in Nigeria as NNPC releases new pump prices
Dangote Petroleum Refinery has a new partner joining MRS Nigeria, Ardova PLC, and Hyden in selling its petrol at an affordable price as NNPC takes action.
Full list: CBN makes important leadership changes, appoints 16 new directors
The Central Bank of Nigeria (CBN) has a new team of directors and has made changes in key departments as it seeks to achieve President Tinubu's N1 trillion economy.
What TSMC's $100 bn investment in the US means for Taiwan
Taiwanese chip-making giant TSMC plans to invest a whopping $100 billion in the United States, after US President Donald Trump threatened to slap tariffs on overseas-made chips. It follows Trump's accusations that Taiwan stole the US chip industry and his threats to impose tariffs of up to 100 percent -- and Taipei's promises to invest more in the United States.
China says to hike defence spending by 7.2% this year
China's defence spending will rise by 7.2 percent in 2025, the same as last year, Beijing said on Wednesday, as its armed forces undergo rapid modernisation and eye deepening strategic competition with the United States. China's military spending last year made up 1.6 percent of its GDP, far less than the United States or Russia, according to the Stockholm International Peace Research Institute.
Asian stocks rebound on China stimulus package
Asian markets were mostly up Wednesday as investors weighed bullish growth targets announced by China despite its sluggish economy and the looming prospect of a global trade war. "Investors don’t like tariffs, and they are deeply uncomfortable with President Trump's new world order, which is weighing on market sentiment," said Kathleen Brooks, research director at XTB trading platform.
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