The former boss of Nigeria’s Export-Import Bank, Robert Orya, has been sentenced to 490 years in prison following a high-profile corruption conviction.
Nigeria's banks face a March 2026 recapitalisation deadline. Top performers like Access and Zenith exceed targets, while others risk mergers or exits if they fail.
Artificial intelligence (AI) startup Perplexity on Friday expressed its interest in buying TikTok, which faces a deadline to divest from its Chinese owner or be banned in the United States. A US law has ordered TikTok to divest from its Chinese owner ByteDance or be banned in the United States.
Jaguar's ambition to seduce younger, richer drivers was on full display in Paris with a presentation of its newest prototype, the Type 00, which promises all-electric luxury... at a steep price. The Type 00 prototype is equally as colourful: the electric blue version shown off looked like it had come from the set of a "Tron" movie.
United States is importing Turkish and South Korean eggs to ease an avian flu-fueled supply crunch that has pushed up prices across the country, Donald Trump's agriculture secretary confirmed Friday. The cost of eggs has skyrocketed due to multiple bird flu outbreaks in the United States, forcing farmers to cull at least 30 million birds and sharply constraining supply.
Donald Trump announced Friday that Boeing has been awarded the contract for the Air Force's next-generation stealth fighter plane, which the 47th US president said would be named the F-47.
A tax analyst, Aderonke Atoyebi, has asked women to get involved in tax discussions to be involved in the taxation processes and also boost economic activities.
The federal government has shown that it is not just talks and no action. Two popular social media apps are now being looked into for alleged breaches.
Farmers and stakeholders have revealed that there will be a 51% increase in food prices by mid-2025 due to the Nigerian government's food import policy.
Huge travel disruption at London's Heathrow airport caused by a power cut Friday could take several days to remedy and cost millions of pounds, experts estimated. - Several experts estimated that the cost of the incident for the airlines and the airport, which handles some 230,000 passengers a day, would total tens of millions of pounds.
Chinese electric vehicle maker XPeng said Friday that European Union tariffs on EVs made in China have had a "large economic impact" but will not deter the firm's plans to tap European markets. The tariffs are "something we have to deal with... it's a large economic impact," XPeng vice chairman and president Brian Gu said at the opening of a Hong Kong store.
Economy
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