Five US air force refueling planes were reportedly hit by Iranian strikes while on ground at a Saudi Arabia air base amid the ongoing Middle East conflict.
The CBN restricts phone number changes for BVNs to combat fraud, enhancing security with a new watchlist for suspicious activities in Nigeria's digital payments.
Uncollected electricity bills have been increasing by an average of N50 billion every month, causing concerns to investors as they battle cashflow problems.
The EU on Thursday threatened to target US cars and planes among a raft of products worth 95 billion euros ($107 billion) if negotiations with President Donald Trump's team fail to avert a trade war. Planes and autos make up some of the largest value of goods on the list, worth 10.5 billion euros and more than 12 billion euros respectively, a senior EU official said.
EU lawmakers on Thursday gave the green light to a delay for European carmakers to meet new emission targets, as the bloc seeks to balance climate goals with supporting the struggling industry. Criticizing the move, Green EU lawmaker Saskia Bricmont said loosening emissions rules would "delay the marketing of affordable electric vehicles, which are vital" for European consumers.
Chief Justice of Nigeria, has endorsed a new book on maritime law, designed to strengthen the Nigerian judicial processes and economic development.
The International Monetary Fund (IMF) has removed Nigeria from its list of countries owing as the federal government successfully clear its loans.
Dubai's Emirates Group, which includes the Middle East's biggest airline, announced on Thursday gross annual profit of $6.2 billion, its third record in three years. Emirates airline, excluding the group's other businesses, posted a record $5.8 billion pre-tax profit, up 20 percent from the year before.
Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 console in the current financial year but warned US tariffs could hit its bottom line. Nintendo forecast a net profit of 300 billion yen for the current financial year but warned that US trade tariffs could impact its earnings.
They feature in the Duchess of Sussex's "With Love, Meghan" Netflix cooking show. - Social media success - Le Creuset has 575 retail outlets in the world, with online sales having received a boost from a home cooking craze during the Covid pandemic.
Japanese auto giant Toyota on Thursday forecast a 35 percent year-on-year drop in net profit for 2025-26 citing Donald Trump's vehicle tariffs among other factors. For the current financial year that began in April, Toyota now forecasts net profit of 3.1 trillion yen ($21.6 billion).
Economy
Load more
