A prominent governor in northern Nigeria has announced the winner of the APC presidential primary election in his state as the party prepares ahead of 2027.
CBN assures continued operations for five banks amid recapitalisation challenges, highlighting investor confidence as 33 banks comply with new capital requirements.
OpenAI on Thursday released a keenly awaited new generation of its hallmark ChatGPT, touting "significant" advancements in artificial intelligence capabilities, as a global race over the technology accelerates. "It is a significant step toward models that are really capable," he said.
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before US President Donald Trump's new tariffs kicked in.
The National Bureau of Statistics recently announced that Nigeria's economy is larger than previously reported, following the successful rebasing of its GDP.
Plastic pollution treaty talks stuck in 'dialogue of the deaf'
The Nigerian currency, the naira, performed mixed in the official and parallel markets on Wednesday, August 6, 2025, narrowing the gap between the windows.
Siemens warned on Thursday that US tariffs were prompting its customers in key sectors to slow investment decisions, even as the German industrial giant reported forecast-beating quarterly profits. CEO Roland Busch added that, in several key industries, "sales cycles have been extended and investment decisions are taking longer".
Weeks after he was forced to return from Iran, Mohammad Mohsen Zaryab was still searching for somewhere to live in Kabul, where rental prices have soared along with an influx of Afghans expelled from neighbouring countries. Multiple Kabul property dealers told AFP that rental prices had skyrocketed with the influx of returnees.
Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses "not viable" after President Donald Trump ordered steeper levies totalling 50 percent on imported Indian goods.
German industrial production slumped to its lowest level in June since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before higher US tariffs kicked in. Data released Thursday also showed that German exports in June to the United States -- the country's biggest trading partner -- fell 2.1 percent, after having registered a steep decline in May.
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