IGP Kayode Egbetokun has finally commented on the confrontation between the FCT Minister and some naval officers in Abuja and disclosed the steps taken so far.
More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.
Major Oil Marketers Association of Nigeria (MOMAN) has revealed that the price of petrol at various depots has been reduced by N27 following Dangote's decision
Rare earths, which President Donald Trump hopes to secure from Ukraine as part of a deal for US aid, are strategic metals essential for industries developing computers, batteries, and cutting-edge energy technology.
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits. Diageo said the tariffs would hit its tequila portfolio, given it must be made in Mexico, as well as Canadian whisky.
China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. Tariffs of 15 percent will be imposed on imports of coal and liquefied natural gas from the United States.
Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump's threats to seize the vital waterway.
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up by the end of 2026 as planned.
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters. "Nintendo Switch hardware and software sales through the third quarter were below expectations," the company said in its explanation of the profit warning.
The Nigerian currency weakened against the US dollar on Monday, February 3, 2024, amid CBN's extension of foreign exchange sales for Bureau de Change operators.
China on Tuesday said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods. Beijing's State Administration for Market Regulation said the US tech giant was "suspected of violating the Anti-Monopoly Law of the People's Republic of China".
Economy
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