The police have debunked the report claiming Navy officer Yerima survived an assassination attempt in Abuja, days after his confrontation with FCT Minister Wike.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and cost-cutting helped offset a drop in crude prices. Weaker oil prices hit Saudi Aramco, which reported on Tuesday a 2.3-percent drop in quarterly net profit.
The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
CPPE has warned that Trump’s military threat could harm Nigeria’s economy, trigger capital flight, weaken the Naira, and erode investor confidence.
Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.
Nintendo said Tuesday it aims to sell 19 million Switch 2 consoles within this financial year, up from its previous target 15 million for the smash-hit gadget.
Recent raids on one of Myanmar's most notorious internet scam hubs sparked a recruitment rush as fleeing workers scrambled to enlist at nearby fraud factories, experts and insiders told AFP. Online scam hubs have mushroomed across Southeast Asia, draining unsuspecting victims of billions of dollars annually in elaborate romance and crypto cons.
Asian markets fluctuated Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal Reserve officials fed uncertainty over its next interest rate move. Wall Street ended on a mixed note, with the tech-rich Nasdaq rising along with the S&P 500 but the Dow in the red.
South Korea will triple spending on artificial intelligence and make its biggest defence budget increase in six years, President Lee Jae Myung said Tuesday in his annual parliamentary budget speech. Lee noted on Tuesday that South Korea already spends "1.4 times North Korea's annual GDP" on defence alone and is "ranked fifth in global military strength".
Cement group Lafarge goes on trial in France Tuesday, accused of paying the Islamic State group and other jihadists protection money to build its business in war-torn Syria.
Economy
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