President Bola Tinubu has ordered the withdrawal of police officers currently providing security for VIPs in Nigeria, amid public safety concerns.
The Federal Inland Revenue Service (FIRS) has reacted to concerns raised by former Vice President, Atiku Abubakar, over the appointment of XpressPay.
The head of the UN's flagship climate fund has announced a record-breaking year for approving projects in vulnerable countries, crediting red-tape-cutting reforms for the achievement that includes a major desalination project in Jordan.
Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, with sluggish domestic consumption piling pressure on the carmaker as it looks to expand overseas.
Shares in Stellantis suffered a double-digit fall on Thursday as the US-European auto giant whose brands include Jeep, Fiat and Peugeot warned of financial bumps ahead. But Stellantis also warned it expects to incur charges in the second half of the year.
A US federal data blackout deepened Thursday as a government shutdown halted the release of third quarter GDP figures, forcing policymakers, financial institutions and business owners to continue flying blind.
The Lagos state governor has announced the disbursement of N2.7 billion to 10,000 residents under the Eko Cares and Eko Listens schemes as FG plans N75,000 transfer.
Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1.8 billion) in its fiscal year that ends in March as it faces further economic headwinds. It also said it expected an operating loss of 30 billion yen for the first six months of the fiscal year, which runs through September.
Italy's government said Thursday it would address concerns over a new bridge to Sicily, after Prime Minister Giorgia Meloni condemned a court ruling against the project as an "intolerable intrusion". Meloni, leader of the far-right Brothers of Italy party, condemned Wednesday's ruling as "yet another encroachment on the jurisdiction of the government and parliament".
Danish pharmaceutical giant Novo Nordisk, maker of weight-loss drugs Ozempic and Wegovy, announced Thursday an unsolicited bid to acquire obesity treatment maker Metsera, topping an offer from US rival Pfizer which called the move "reckless". Pfizer called Novo Nordisk's offer a "reckless and unprecedented proposal".
Recording industry giant Universal Music Group said Thursday it had struck a licensing deal with AI music generation startup Udio, in an industry-first tie-up aiming to launch an AI creation platform next year.
Economy
Load more