The prosecutor has asked the federal high court, Abuja, to impose the death penalty on Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB).
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
The French state will become the biggest investor in European satellite operator and Starlink competitor Eutelsat, leading a capital increase alongside private shareholders, the company said Thursday. Major shareholders stumping up alongside Paris were shipping giant CMA CGM, Indian telecoms operator Bharti Airtel and the FSP investment fund, owned by seven French insurance companies.
Telegram founder Pavel Durov's judicial control has been relaxed, with the Russian-born entrepreneur now allowed to live in Dubai for a maximum of two weeks at a time, a judicial source said on Thursday.
President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States. "I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," Trump posted on his Truth Social platform, putting off the ban for the third time.
US President Donald Trump has taken just a few months since his election to upend global financial markets with his economic policies. Trump's tariffs are the main culprit but the global reserve currency is also suffering from concerns about the size of the US debt -- exacerbated by a budget proposal from the president that many analysts say will be hugely expensive.
The Chinese government has announced plans to remove tariffs on goods from Nigeria and 52 other African nations, and Nigeria can benefit from improved manufacturing.
The queues for compressed natural gas is spreading to more cities, with Nigerians spending hours, or even days, to get the product for business and personal needs.
The Swiss National Bank cut interest rates to zero percent on Thursday as inflation cools and the franc strengthens, while the economic outlook has deteriorated. "The global economic outlook for the coming quarters has deteriorated due to the increase in trade tensions," the central bank said, adding that the outlook for Switzerland remained uncertain.
Several oil companies in Nigeria have been carrying out exploration and drilling without paying up their royalties for years, and the government is set to get them.
One of Elon Musk's SpaceX Starships exploded during a routine test late Wednesday in Texas, law enforcement said, in the latest setback to the billionaire's dream of turning humanity into an interplanetary species. The latest setback follows an explosion of a prototype Starship over the Indian Ocean in late May.
Economy
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