A Kwara church attack survivor has revealed what terrorists told him and 37 other abductees while held in the forest. Nigeria currently has a security problem.
The Federal Inland Revenue Service (FIRS) has reacted to concerns raised by former Vice President, Atiku Abubakar, over the appointment of XpressPay.
BUA Cement chairman Abdul Samad Rabiu has assured Nigerians that cement prices will drop, citing reduced forex volatility and government reforms as key factors
Premium Swiss chocolate maker Lindt & Sprungli hiked its 2025 sales target as cocoa price hikes passed on to customers outweighed a drop in volumes. While sales volumes declined by 4.6 percent, it still saw revenues climb by nine percent to 2.4 billion Swiss francs ($3.0 billion) as consumers continued to buy chocolate despite the price hikes.
The UK government on Tuesday gave new British nuclear power plant Sizewell C the final go-ahead, after it struck a deal with investors, in a move to bolster energy security. The UK has refocused on shoring up nuclear power since the start of the war in Ukraine, in the name of energy security and faced with a fleet of ageing power stations.
British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington. The United States is a key market for the pharmaceutical industry, and AstraZeneca had already announced in April that it had begun transferring part of its European production to the United States.
Asian markets were mixed Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline for a deal. "Markets have seen this movie before: tough talk, last-minute extensions, and deal-making in overtime.
A French court on Monday jailed three people for human trafficking in the champagne industry, exploiting seasonal workers and housing them in appalling conditions.
Germany's government signalled Monday that it may reverse a rise in the tax applied to passenger flights as it steers a pro-business turn in Europe's top economy. Chancellor Friedrich Merz of the CDU has tried to forge a pro-business course to revive a sluggish economy, introducing tax breaks for business investment and promising to reduce bureaucracy. lep-vbw/fz/rmb
More than 60 German companies said Monday they would fund new domestic investments worth at least 100 billion euros ($117 billion) each as Chancellor Friedrich Merz seeks to revive Europe's largest economy. The CEOs of the two German heavyweights were received in the chancellery in Berlin by Merz, who declared that "the message is very clear... it is worth investing in Germany again".
The UK government announced Monday it will overhaul the management and regulation of the water system, following a landmark report that slammed systematic failings in the heavily-criticised industry. It urged the UK and Welsh governments to give themselves more powers to "direct" failing water firms, while also demanding an overhaul of their regulation.
Economy
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