Abubakar Bawa, the chairman of the PDP in Taraba State, has announced his resignation from the party amid more movements in Nigeria's political sphere.
The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. - 'Ticks all the boxes' – India's luxury market is still relatively small, but expanding rapidly.
A US senator renewed calls Wednesday for a bribery probe into Paramount following its reported $16 million settlement with President Donald Trump over a lawsuit the entertainment giant initially described as meritless.
Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk's political activities. But Musk's political activism on behalf of right-wing figures has also made the company a target of boycotts and demonstrations, weighing on sales.
PZ Cussons Nigeria had staged a comeback from the heavy losses it suffered in the 2024 financial year. The latest report shows healthy profits for shareholders.
The British government said Wednesday that finance minister Rachel Reeves was "going nowhere" after she appeared visibly upset in parliament as rumours swirled around her future. It came after Starmer's Labour government U-turned over key welfare reforms, wiping out a multibillion-pound boost to public finances and triggering speculation that Reeves could lose her job.
The US private sector unexpectedly lost jobs in June, according to data from payroll firm ADP on Wednesday, a potential sign of labor market weakness amid uncertainty from President Donald Trump's tariffs.
A French court sentenced three former Ubisoft executives on Wednesday to suspended prison terms for enabling a culture of sexual and psychological harassment at the gaming giant. For his part, former chief creative officer Serge Hascoet was given an 18-month suspended sentence for psychological harassment and complicity in sexual harassment.
The Central Bank of Nigeria (CBN) data shows that the currency in circulation has risen again, with cash outside the banking system now at 92.4%.
As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the sector's saviour -- but not everyone is convinced. - 'Investor whitewash' - Campaigners have criticised rich countries for pushing private finance over public sources of aid, citing a lack of accountability and debt issues.
The Nigerian currency has continued its upward climb against the dollar in official and parallel markets, closing at N1,527 and N1,565 per dollar, respectively.
Economy
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