Suspected Boko Haram terrorists killed seven Nigerian soldiers and captured 13, including a major, during a patrol in Borno State on January 26, 2026.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
The largest Western bank still operating in Russia was on Thursday ordered to pay nearly $400 million in compensation for losses incurred by Russian company Rasperia due to European sanctions. According to Washington and Brussels, Rasperia is linked to the Russian businessman Oleg Deripaska, who has been under Western sanctions since Russia's invasion of Ukraine in 2022.
The Nigeria Customs Service (NCS) has announced a 3% fine for commercial banks defaulting in or delaying the remittances of its duties, threatening to publish names.
Trump Media & Technology Group, the struggling company that owns the US president's Truth Social platform, announced Thursday a $6 billion merger with fusion power company TAE Technologies, in an unexpected pivot into energy technology. TAE Technologies, founded in 1998, says its fusion technology could provide abundant electricity to power AI infrastructure.
US consumer inflation slowed unexpectedly in November, delayed government data showed Thursday, although levels remained higher than earlier in the year before President Donald Trump's tariffs flowed through the economy.
The Bank of England cut its key interest rate to 3.75 percent on Thursday after UK inflation eased faster than expected and as the economy weakens. The central bank last cut its key interest rate in August amid concerns over the impact of US tariffs on the UK economy.
Spain's defence ministry has ordered 100 helicopters from Airbus destined for deployment in various parts of its armed forces, the European aeronautics company said Thursday. Spain's Defence Minister Maria Amparo Valcarce Garcia called the helicopters "essential" for the operations of the armed forces.
Hundreds of tractors converged on Brussels on Thursday in a show of farmers' anger at the EU's planned trade deal with South American bloc Mercosur -- whose fate hung in the balance as summit talks opened in the Belgian capital. More than 150 tractors clogged the streets of central Brussels Thursday morning with many more expected.
The Nigerian Senate approved the CBN’s 2026 exchange rate projection, cut the crude oil benchmark to $60 per barrel, and endorsed a N54.46 trillion expenditure plan.
British energy giant BP, which this year shelved targets on reducing carbon emissions, has appointed industry veteran Meg O'Neill to be chief executive from April, replacing Murray Auchincloss who stepped down Thursday.
Economy
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