Rivers state governor, Siminalayi Fubara, on Tuesday, December 9, resigned from the PDP and officially joined the APC, marking a major political shift.
Nigeria’s new tax law modernises administration, strengthens compliance, imposes fines and jail for offences, while reducing tax burdens for most citizens.
Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.
Bangladeshi students braved bullets to overthrow an autocratic government, but six months after the revolution, many say finding a job is proving a harder task than manning the barricades. "I can't see any fruitful initiatives taken by the government so far," Chowdhury grumbled, a25-year-old student who took part in the protests that drove autocratic ex-leader Sheikh Hasina into exile on August 5.
Solar overtook coal in the European Union's electricity production in 2024, with the share of renewables rising to almost half the bloc's power sector, according to a report released Thursday. "Solar remained the EU's fastest-growing power source in 2024, rising above coal for the first time.
The gesture was controversial enough, but now come the sub-controversies: Elon Musk is trolling Wikipedia and encouraging its defunding after a description of his recent flourish, seen by some as a Hitler salute, appeared on the encyclopedic website. Trolling Musk for his 2022 purchase of X for $44 billion, Wales shot back that: "I think Elon is unhappy that Wikipedia is not for sale."
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return. Today, he ranks among the world's wealthiest individuals, with a fortune of $230 billion, trailing only Musk and Bezos but ahead of Zuckerberg.
President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week -- but analysts warn his efforts could be hampered by the industry itself.
Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app's future remains uncertain in the United States. - Temporary reprieve - The campaign to get TikTok stars to switch allegiance to Reels comes as TikTok's future in the United States remains unsettled.
South Korea's economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law.
Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's long-time informal economic advisor argued Wednesday. Trump also threatened to impose a 10 percent tariff on China which, he said, had not done enough to tackle the flow of the synthetic opioid to Canada and Mexico, from where it is trafficked into the United States.
Economy
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