An Atiku Abubakar campaigner has named an APC governor as a key figure in what he claims could mark the end of Nyesom Ezenwo Wike’s political career.
Dr Zacch Adedeji, the Executive Chairman, Federal Inland Revenue Service (FIRS), has revealed that 95 per cent of Nigerians will pay no tax under the new tax regime.
Widespread disruption hit Portuguese air travel and trains, hospitals and schools Thursday as the unions called the biggest nationwide strike action for more than a decade against government labour reforms. Lisbon's main train station was empty with most services cancelled and the TAP Air Portugal national airline called off about two thirds of its normal 250 flights.
Data from the Nigerian Foreign Exchange Market (NFEM) shows that dollar inflows into the forex markets increased marginally amid the naira's depreciation.
Finance ministers from Europe's 20-country single currency area are to choose the next Eurogroup chief on Thursday, as the EU weighs a tough decision on using frozen Russian assets to aid Ukraine. Created in 1997, the body coordinates the economic and budgetary policies of the 20 countries of the eurozone, which will soon number 21, as Bulgaria prepares to adopt the single currency on January 1.
Taiwan plans to keep making the "most advanced" chips on home soil and remain "indispensable" to the global semiconductor industry, the deputy foreign minister told AFP, despite intense Chinese military pressure.
After soaring for nearly two years, cocoa prices dropped sharply in 2025. - Record high prices in 2024 - Cocoa harvests between 2021 and 2024 failed to meet demand, which sent prices soaring.
Most Asian markets rose Thursday as traders welcomed the Federal Reserve's third straight interest rate cut, though the euphoria was tempered by an indication officials could hold off another reduction any time soon. However, traders have lowered their expectations for a string of further cuts in 2026 after the bank's statement used language used in late-2024 to signal a pause in more rate cuts.
In pursuit of the AI dream, the tech industry this year has plunked down about $400 billion on specialized chips and data centers, but questions are mounting about the wisdom of such unprecedented levels of investment. Building data centers requires raising significant capital, Luria points out.
Shares in business computing giant Oracle fell more than 10 percent on Wednesday on word its revenue missed heady expectations, dampening artificial intelligence euphoria in the market. Oracle's cloud and business computing unit accounted for $8 billion of that revenue, an increase of 34 percent from the same quarter in 2024, according to the earnings report.
The EU General Court dealt a blow to the European Commission on Wednesday in reducing what was initially a record fine against US chipmaker Intel to 237 million euros ($276 million) -- a quarter of the original sum. In the new ruling published Wednesday, the court said it had "substantially upheld the 2023 decision", but reduced the fine to 237 million euros.
Economy
Load more