President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence to replace Abubakar Badaru, who resigned on Monday.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday. Asked about the timing of cuts, Waller said if the data came in as he expected, it was "reasonable" to think rate cuts could come in the first half of the year.
LIV Golf has signed a multi-year broadcast deal in the United States with Fox Sports, the first time the Saudi-backed league will be shown on mainstream sports television in the game's biggest market. While talks between LIV and the established PGA Tour continue, the deal suggests that the breakaway league is unlikely to disappear any time soon.
A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last month, the firm's new backers said Thursday. The consortium said a key figure is entrepreneur Marian Bocek, who runs holding company DTM Investment and founded Slovak battery manufacturer InoBat.
FAAN has said that it will need N735 billion for various repairs in airports across the country, and to pay backlogs. The MD talks about plans to raise money
Europe's biggest automakers called on the European Union Thursday to avoid a "trade conflict" with the United States, days before Donald Trump officially returns as president. In a letter to European Commission President Ursula von der Leyen, the European automotive lobby urged the EU to "try to avoid a potential trade conflict".
Nintendo is betting on the 2025 release of a bigger, better version of its blockbuster Switch console to keep up the success of the third best-selling games machine of all time.
Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to $40.56 billion amid debt servicing.
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.
Economy
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