President Bola Ahmed Tinubu has asked the National Assembly to summon the inspector general of police (IGP), Kayode Egbetokun. Legit.ng has the details.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Squabbles over the EU-Mercosur trade deal are likely to punctuate a European Union summit in Brussels on Thursday. Agricultural unions have projected up to 10,000 protestors in Brussels on Thursday, including 4,000 from France.
President Donald Trump promised Americans an economic boom in an address to the nation on Wednesday, while blaming Democratic predecessor Joe Biden for high prices that have hit the Republican's popularity.
The European Central Bank is expected to hold interest rates steady Thursday for its fourth meeting in a row as inflation remains in check, although debate is heating up about the path forward. Following a year-long series of cuts, the central bank for the 20 countries that use the euro has kept its key deposit rate on hold at two percent since July.
Asian markets sank Thursday after another sell-off on Wall Street as worries over the tech sector's colossal spending on artificial intelligence continued to dog investor sentiment. Asian markets tracked the US losses, led by tech firms including Japan's Renesas and investment giant SoftBank.
EU leaders gather in Brussels Thursday for a make-or-break summit on using frozen Russian assets for Ukraine -- with key player Belgium under pressure to drop its opposition. Ukraine has said Washington was "pressuring" the EU not to use the assets as they view them as a vital bargaining chip in winning over Russia.
A US blockade of Venezuelan oil shipments could slash production and halve exports of the country's most valuable commodity, tipping its economy even deeper into crisis, experts say.
The Oscars will be shown only on YouTube from 2029, the Academy said Wednesday, in a radical gambit for a movie industry that remains wary of streaming platforms even as viewing habits shift online. YouTube accounts for the biggest share of television viewing time in the United States of any streaming platform, dwarfing even Netflix.
The Oscars will be available to watch exclusively on YouTube from 2029, the Academy of Motion Picture Arts and Sciences announced Wednesday.
CNN is heading into an uncertain future with its parent company Warner Bros. "To continue to keep CNN strong in the future," the executive argued, "we better get after our audiences where they currently are."
Economy
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