FCT High Court orders the arrest of former minister Sadiya Umar Farouq and Permanent Secretary Bashir Nura Alkali for failing to appear over corruption charges.
NESG has called on the government to amend key economic laws, including the Nigeria Tax Act, the PIA, and the Electricity Act, to improve the business environment.
US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of American annexation threats has been ruled off-limits at talks expected to be dominated by efforts to agree a ceasefire in Ukraine. Canadian Foreign Minister Melanie Joly said she expected her talks with Rubio will be centered on "Ukraine and the ceasefire that's on the table."
There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign aid budgets are slashed and the US guts environmental spending.
Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation was offset by ongoing concerns about President Donald Trump's trade war.
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race. Intel's niche has been in chips used in traditional computing processes being eclipsed by the AI rage.
Since ChatGPT burst onto the scene in late 2022, generative artificial intelligence (GenAI) models have been vying for the lead - with the US and China hotbeds for the technology. The Tesla tycoon bought Twitter in late 2022.
China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) early this year with a low-cost but high-performance model that challenges the hegemony of OpenAI and other big-spending behemoths. But then DeepSeek upended the sector with its R1 model, which it said cost just $6 million or so, powered by less-advanced chips.
Mobile games giant Scopely will pay $3.5 billion to acquire Niantic's game unit including the studio behind Pokemon Go, the companies announced on Tuesday. Scopely said the deal, valued at $3.5 billion, will bring it Niantic's entire team of game makers. gc/dw
Several areas of Lagos state have been thrown into darkness for days. Transmission Company of Nigeria (TCN) explained the reason, and gave the date power will return
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