Obasanjo and Makinde host a pivotal summit in Ibadan uniting opposition leaders to strengthen democracy and tackle Nigeria's socio-economic challenges.
Nigeria is absent from the 2026 IMF exposure list for Africa, amid rising debts in other nations, highlighting complex trade-offs in economic reforms.
Amazon MGM Studios will take creative control of the James Bond franchise following a landmark joint venture agreement with longtime producers Michael Wilson and Barbara Broccoli, the parties announced Thursday.
President Donald Trump repeatedly claims that US-EU trade ties are unfair and that Europe is abusing the United States as justification for threatening tariffs. - US services surplus When Trump criticises the European Union's trade surplus with the United States, he is only referring to trade in goods.
EU trade chief Maros Sefcovic said Thursday that reciprocity in tariffs should apply to both the bloc and Washington, after talks with his counterparts in US President Donald Trump's administration. During Sefcovic's three-day Washington visit for talks with US officials and business leaders, he pushed back against Trump's claim of unfairness in US-EU trade ties.
Walmart reported solid fourth-quarter results Thursday behind higher US sales, but shares tumbled after its quarterly and annual projections missed estimates. Shares of the retail behemoth fell around eight percent in pre-market trading after the company projected annual profits of between $2.50 and $2.60 a share in fiscal 2026, below the $2.77 expected by analysts.
In an interesting development, Nigeria's non-oil revenues have surpassed the growth target set, hitting N1.9 trillion. This means non-oil revenues now account for...
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation. "Increases in the ECB's key interest rates in 2022 and 2023" resulted in higher interest expenses for the central bank itself on its liabilities, while income from interest on its assets did not rise as fast.
They may be the trendy footwear of choice for Hollywood A-listers and pop stars, but Birkenstock sandals are not works of art, Germany's top court ruled Thursday. But the Federal Court of Justice in Karlsruhe sided with the judgement of a lower court, ruling that Birkenstock's sandals could not be considered "copyrighted works of applied art".
European aircraft maker Airbus said Thursday net profits rose in 2024 as it boosted plane deliveries and set a goal of accelerating them further. Net profit rose 12 percent to 4.2 billion euros ($4.4 billion), overcoming a massive writedown in the value of its space business earlier in the year.
The naira experienced an improved performance against the US dollar in all foreign exchange markets on Wednesday, February 19, 2025 compared to the previous day.
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