Details have emerged on ex-Jigawa gov Badaru Abubakar's resignation as Minister of Defence, revealing a long-standing rift and battle with Bello Matawalle.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military. "Our primary goal is to boost the economy, to secure jobs in our country and to create new ones," said Finance Minister Lars Klingbeil, presenting the budget plans.
French anti-fraud authorities said on Tuesday they have ordered US electric car giant Tesla's local subsidiary to stop "deceptive commercial practices" after an investigation found several violations harmful to consumers and contrary to law.
Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. At around 0830 GMT on Tuesday, Brent was down 3.5 percent at $69.00 per barrel, while the main US crude contract WTI was 3.5 percent lower at $66.10 per barrel.
The Securities and Exchange Commission (SEC) flagged them for soliciting funds from the public without being licensed to. They include CBEX, PWAN/PWAN Max, others.
Britain's competition watchdog on Tuesday proposed measures aimed at tackling Google's dominance in online search, with the US tech giant warning that "punitive regulations" could impact UK economic growth. It followed the 2025 implementation of Britain's Digital Markets Competition Regime, which the regulator on Tuesday said "can help unlock opportunities for innovation and growth".
The world is facing the "most complex" geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was "impacting global growth".
Virgin Australia climbed sharply as it re-entered the local share market Tuesday, a dramatic comeback from near bankruptcy more than four years ago. Qatar Airways bought a 25 percent share in the carrier this year.
Asian shares gained and oil prices were down Tuesday, as fears of an energy market shock eased following US President Donald Trump's announcement of a ceasefire between Iran and Israel. Trump said Iran and Israel had agreed to a staggered ceasefire that would bring about an "official end" to their conflict, as strikes continued to hammer Tehran.
In Ecuador, farmers who bet on cocoa beans rather than bananas, the country's top agricultural export, are cashing in as a global shortage of the main ingredient in chocolate feeds a price bonanza.
Economy
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