Nigerians have started expressing mixed reactions over the life imprisonment handed over to estranged leader of the proscribed IPOB by Federal High Court.
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.
Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.
US firms have warned the Federal Reserve that the cost of President Donald Trump's tariffs will likely be borne by consumers, according to minutes of the bank's most recent rate decision.
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. OPEC+ ministers in their online meeting Wednesday reaffirmed the alliance's collective policy, according to a joint statement.
Brazil's biggest airline by number of flights and destinations, Azul, announced Wednesday it had filed for bankruptcy protection in the United States to try restructure debt arising from the pandemic and from supply chain issues. Its main Brazilian competitor Gol filed for Chapter 11 bankruptcy in the United States in January 2024. ll/lg/cb/bjt
Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram's CEO announced Wednesday.
The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states. It would also have stripped about 75 percent of passengers of the right to compensation, said Europe's BEUC umbrella consumer rights group.
A recent ranking has shown the African countries with the strongest currencies in May 2025, as the Nigerian currency, the naira, fell after a week-long rise.
Mohammed Manga, director of information and public relations, has released a statement explaining the Ministry of Finance's position on Tinubu's loan request.
A German court on Wednesday rejected a climate case brought by a Peruvian farmer against energy giant RWE, but set a potentially important precedent on polluters' liability for their carbon emissions. The court, however, rejected Lliuya's claim against RWE, saying there was "no concrete danger to his property" from a potential flood.
Economy
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