The leading opposition PDP has got a new national chairman at its ongoing national convention in Ibadan, Oyo state capital after expelling FCT Minister Nyesom Wike.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
British consumer goods giant Unilever on Tuesday said chief executive Hein Schumacher will step down on March 1 after less than two years in the post. "Unilever’s CEO is stepping down in a surprise twist, cutting short his tenure just as he was steering the consumer goods giant toward a leaner, more profitable future," said Matt Britzman, senior equity analyst at stockbroker Hargreaves Lansdown.
Over 1,000 musicians including Kate Bush, Annie Lennox and Damon Albarn on Tuesday released a silent album in protest at proposed changes to UK copyright law around artificial intelligence (AI) which they say will legalise music theft. Writers and musicians including Bush also denounced the proposals as a "wholesale giveaway" to Silicon Valley in a letter to The Times newspaper on Tuesday.
British consumer goods giant Unilever on Tuesday said chief executive Hein Schumacher will step down on March 1 after less than two years in the post. Fernandez will become CEO after a little over a year as chief financial officer. ajb/tw
US electric vehicle giant Tesla has started offering advanced self-driving functions for its cars in China, including autopilot on city streets, the company announced on Tuesday.
Flair and fanfare promise to light up the Milan Fashion Week catwalks starting Tuesday, but upcoming shows will struggle to distract from a worrying slump in the luxury sector. Gucci -- once the pride of fashion week but now the worst performer in Kering's portfolio -- kicks off the week-long party this week in Milan.
Asian markets sank Tuesday as fears of US President Donald Trump's trade war returning to the fore and he called for fresh curbs on Chinese investments in strategic sectors including technology.
South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and the fallout from President Yoon Suk Yeol's brief declaration of martial law last year. Seoul's central bank on Tuesday also said employment had continued to slow.
US President Donald Trump's threat of tariffs on semiconductor chips has complicated Taiwan's bid to remain a global powerhouse in the critical sector and stay onside with key backer Washington, analysts said. "I think that Trump's tariff threats make this strategy much more complicated.
Dutch Merrick isn't really in a party mood for this year's Oscars. The personal tragedy couldn't have come at a worse time for Merrick.
Economy
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