President Bola Tinubu has declared a nationwide security emergency following a series of banditry attacks and rolled out four directives for security agencies.
The Tinubu administration has introduced several loan and grant schemes to help Nigerians cope with economic hardship, unemployment, and rising poverty levels.
A luxurious superyacht that belonged to Russian billionaire Suleiman Kerimov may be headed to the auction block after a US judge on Monday dismissed a competing claim to ownership of the $300 million vessel.
Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los Angeles wildfires earlier this year. Lloyd's of London published financial results on Monday showing pre-tax profits of $11.4 billion for 2024, slightly less than the previous year.
The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate change as industry leaders gathered at their biggest event since President Donald Trump returned to office.
Seven out of these companies have acknowledged their debts and promised to pay up in a few months, but the others refused to appear before the commitee.
A French court fined Swiss bank UBS 75,000 euros on Monday for the psychological harassment of two whistleblowers who had denounced a system that helped moneyed French clients dodge taxes. The bank and its French subsidiary were also definitively convicted of having set up a system of massive tax evasion between 2004 and 2012.
A major rescue operation was under way after a collision between an oil tanker and a cargo ship in the North Sea Monday which sparked a huge blaze and left 32 people injured. In October 2023, two cargo ships, the Verity and the Polesie, collided near Germany's Heligoland islands in the North Sea.
While Nigerians are heaving a sigh of relief over the recent drop in food prices, former special adviser on Agriculture has hinted when the prices will go up again.
The proposed Tax Reform Bill introduced by President Bola Tinubu contains some issues which have divided Nigerians along ethnic lines and ideologies.
Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on trial on Monday accused of psychologically and sexually harassing employees for nearly a decade. The third defendant, former game director Patrux, 39, has been accused of psychological harassment.
Economy
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