It was another sad story in the National Assembly as Senate Okey Ezea, the last man standing in the Labour Party, has reportedly died outside the country.
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.
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. Analysts see several possible motivations for the production hikes, one of them being Saudi Arabia and others penalising members for not keeping to their quotas under the cuts first agreed in 2022.
A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit. Days later, Stellantis-backed Chinese EV startup Leapmotor announced similar discounts on two "entry-level" models through June 8.
Panama's government said Friday it would start maintenance work at a major mine forced to shut by protests, but insisted the project was not tantamount to the pit reopening. Panama's President Jose Raul Mulino said last month that his government was working toward reopening the mine, without clarifying how he plans to tackle legal hurdles.
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel.
Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search. US government attorneys have called on Mehta to order Google divest itself of Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the go-to window into the internet.
Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday. Thos records included the award-winning "Reputation" and "Taylor Swift."
Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold. Most analysts had expected only modest growth.
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.
Germany is weighing plans for a 10 percent digital tax for internet giants such as Alphabet and Meta, a senior official said Friday, despite the risk of stoking further trade tensions with the United States. This could be based on the model in Austria, which has a five percent tax, he said, adding that in Germany "we consider a 10 percent tax rate to be moderate and legitimate".
Economy
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