On Monday, December 1, 2025, the defence minister, Mohammed Badaru Abubakar, resigned his appointment from President Bola Tinubu's administration.
The Abia state governor, Alex Otti, has announced plans to begin the gradual payment of 20-year gratuity to pensioners, setting aside N60 billion for the scheme.
After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this week, rivalling entertainment giants Disney and Universal Studios.
Warren Buffett on Monday confirmed plans to step down as Berkshire Hathaway CEO at year's end, but said he will keep a "significant amount" of shares in the company for now. Buffett announced in May he would step down at the end of 2025, a plan met with dismay by rank-and-file investors in Berkshire and beyond who admire the folksy investor.
US President Donald Trump threatened Monday to dock pay of air traffic controllers he accused of shirking their "patriotic" duty, while their union decried being used as "political pawns" during the government shutdown.
The Nigerian government announced plans to secure $500m loan from the World Bank to boost MSME lending in Nigeria through the Development Bank of Nigeria (DBN).
The Bank of England said Monday it aims to "build trust" in stablecoins in the UK, which would be pegged to the pound under proposed national rules for the cryptocurrency. "Our objective remains to support innovation and build trust in this emerging form of money."
Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve performance hit partly by US President Donald Trump's tariffs.
China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers continues to take shape.
Locals in Assinie reminisce about the old days when the now-shuttered Club Med in southeastern Ivory Coast provided jobs aplenty. The fishing village's former Club Med even provided the backdrop for the 1978 cult French comedy film "Les Bronzes" ("French Fried Vacation"), which satirically skewered resort vacations.
China said Monday it would suspend sanctions against US subsidiaries of Hanwha Ocean, one of South Korea's largest shipbuilders, as a fragile trade truce between Washington and Beijing continued to take shape.
Economy
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