General Christopher Musa has taken the first step as he formally resumed office as the Minister of Defence. His first action in office has been captured in a video.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
The EU is promising colossal new US fossil fuel purchases under its trade deal with President Donald Trump, raising concerns for the bloc's climate fight -- should the mammoth pledges come true. The Trump trade deal comes as the EU debates its 2040 emissions-reduction target, a key step towards its net zero goal.
Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, on Tuesday lowered its full-year earnings forecasts again as it unveiled a new chief executive to tackle "recent market challenges".
The Nigerian currency, the naira's traded flat in the official foreign exchange market on Monday, July 28, 2025, amid interventions by the Central Bank of Nigeria.
The Los Angeles wildfires drove insured natural disaster losses in the first half of the year to their highest level since Japan's Fukushima disaster in 2011, German reinsurance giant Munich Re said Tuesday. Insurers took almost $80 billion (69 billion euros) of losses from natural disasters worldwide, Munich Re said, the second-highest hit since 1980.
Spotify saw paying subscribers rise 12 percent to 276 million customers in the second quarter of 2025, the world's top music streaming service said on Tuesday, though profits fell below expectations. The below-expectation profit announcement comes as the streamer has found itself at the centre of the debate over music generated by artificial intelligence.
The European pharmaceutical industry said Tuesday that it remained concerned a EU-US trade deal reached at the weekend does not provide certainty for critical sector. The EFPIA trade association for the European pharmaceutical industry said it was monitoring announcements on the details of the deal "as key implications for the pharmaceutical sector remain uncertain".
The federal government, through the National Directorate of Employment (NDE), has announced the second phase of the Renewed Hope Employment Initiative (RHEI)
Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time. The 90-day truce is meant to end on August 12.
British bank Barclays posted on Tuesday second quarter profits that beat expectations as traders benefitted from volatility in global markets caused by US President Donald Trump's tariff blitz. The bank said the boost to its global markets income reflected "continued support provided to clients through a volatile market environment".
Economy
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