It was a new dawn in the northern part of Nigeria as the leaders commenced a reconciliation move between the Muslims and Christians in the region amid outcry.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a "devastating impact" on farmers. Canadian industry leaders have warned they would be hit hard by the fresh tariffs.
Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump's trade war. Nvidia is not expecting tariffs to significantly affect its financial performance in the short term, according to Huang.
President Donald Trump's administration advanced another major US natural gas export project on Wednesday, handing oil companies a win the same day as a White House meeting with industry executives. "It comes on the same day as Trump welcomes oil and gas industry donors to the White House to brag about the favors he's done them -– clear evidence of who this administration actually serves."
Argentina's Congress on Wednesday gave President Javier Milei the green light to reach a new IMF loan agreement, on top of the $44 billion Buenos Aires already owes the lender. The EFF serves to refinance Argentina's debt, to help it pay off the $44-billion loan negotiated under center-right president Mauricio Macri in 2018.
Kazakhstan's largest copper producer Kazakhmys said Wednesday it was temporarily halting some of its operations due to the "growing number" of industrial accidents at its production facilities. Kazakhmys says it is the world's 20th largest producer of copper concentrate, a processed form of copper ore that has been refined to boost its cooper content.
The Llama Impact Grant for Sub-Saharan Africa is a part of Meta’s broader global initiative, which launched in October 2023, and this one targets Sub-Saharan Africa.
Just recently, the NNPC announced an end to the naira-for-crude deal after six months. With the new changes, Dangote Refinery has called for adjustment.
The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices. US prosecutors accused Apple of making it hard for its users to interact easily with Android phone users and with rival smartwatches.
UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank. "At this point, patience is the most important point because we need to execute on our plan, get it done well," said UniCredit chief executive Andrea Orcel Wednesday.
Economy
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