IGP Kayode Egbetokun has finally commented on the confrontation between the FCT Minister and some naval officers in Abuja and disclosed the steps taken so far.
Economists say the CBN Monetary Policy decision to retain interest rates but narrow the policy corridor signals cautious easing expected to cut interbank costs.
Entertainment giants Disney and Universal filed a copyright infringement lawsuit Wednesday against AI company Midjourney, calling the image generator a "bottomless pit of plagiarism."
General Motors' latest $4 billion investment into US factories in light of tariffs fits with the auto giant's shift towards slower growth of electric vehicles, a top GM executive said Wednesday.
The Economic and Financial Crimes Commission (EFCC) have secured justice for the fraud victim in a N360 million case, proving that crime has consequences.
Waymo's autonomous vehicles have become part of the everyday landscape in a growing number of US cities, serving as safe transport options, tourist attractions, and symbols of a not-so-distant future. But for tourists and business travelers, their first Waymo ride often becomes the most memorable part of a trip to the Golden Gate city.
Dutch brewing giant Heineken announced Wednesday a $2.75 billion investment in Mexico -- the latest vote of confidence in Latin America's second-largest economy despite US President Donald Trump's trade war. In April, rival brewer Grupo Modelo, which makes Corona beer, announced an investment of more than $3.6 billion in Mexico to modernize its plants.
The spectacular fall of battery maker Northvolt led to fears over several Swedish green industry projects, but startup steelmaker Stegra believes it can confound the doubters. Behind Stegra is investment firm Vargas Holding, which was also a co-founder of battery maker Northvolt.
US President Donald Trump touted ties with China as "excellent" on Wednesday, saying the superpowers reached a deal after two days of talks aimed at preserving a truce in their damaging trade war. "Our deal with China is done," Trump wrote, adding that the agreement was still "subject to final approval with President Xi (Jinping) and me."
The federal government of Nigeria has teamed up with the government of Plateau to upgrade the Yakubu Gowon Airport into an International Cargo Airport.
US consumer inflation ticked up in May, in line with analyst expectations, government data showed Wednesday as President Donald Trump's sweeping tariffs began to ripple through the world's biggest economy. Despite the wide-ranging duties, analysts said it will take months to gauge the impact on consumer inflation.
Economy
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