Nigeria's 16th and current president, Asiwaju Bola Ahmed Tinubu, was on Friday, November 21, told to resign from his role. Legit.ng has the details.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Hundreds of protesting Myanmar tribespeople march up a hillside to a cavernous facility where a Chinese joint venture's giant milling machines stand ready to grind up the rocks of their ancestral homeland for lead ore. They say Myanmar firm Four Star Company and a Chinese partner have planned a mega-project mining lead upriver from their village, Thi Kyeik, in Pekon township.
Asian shares mostly rose Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the end of the week. However, the readings ramped up bets on a Fed cut, with markets pricing in two by the end of the year, with the first in September.
Social media outlet Reddit filed a lawsuit Wednesday against artificial intelligence company Anthropic, accusing the startup of illegally scraping millions of user comments to train its Claude chatbot without permission or compensation.
Lagos State takes a bold step toward digitalising its governance system as 10 more MDAs join the e-procurement platform. The automation journey has commenced.
The naira has risen to a 20-day high in the Nigerian Foreign Exchange Market, appreciating to N1,564 per dollar on Wednesday, June 4, 2025, from N1,579.
With shops planning midnight launch parties after a run on pre-orders, Nintendo releases the Switch 2 on Thursday, hoping to score record early sales for a games console. "For us, this will be a record in terms of first-day sales for a games console," said Charlotte Massicault, director of multimedia and gaming at France's Fnac Darty.
The commissioner urged hotel operators, beach operators and other businesses in the hospitality sector to comply with the directive, or risk facing sanctions.
Germany's government on Wednesday put forward a sweeping package of corporate tax breaks aimed at boosting investment and pulling Europe's largest economy out of the doldrums. Under the plans, Germany's corporate tax rate would fall by one percent a year from 2028 to reach 10 percent, down from 15 percent.
A Czech state-run company signed Wednesday a deal with South Korea's KHNP to build two nuclear reactors in the EU country after a court dismissed a bid by France's EDF to block the deal. KHNP is due to build the two units at the southern Czech nuclear plant of Dukovany run by the state-run CEZ group.
Economy
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