Nigerian delegation led by NSA Nuhu Ribadu meets US officials, agreeing on a security plan to tackle terrorists amid Christian genocide claims in the country.
President Bola Tinubu has said his government plans to establish 1,000 active businesses in eery ward in Nigeria, in a move to tackle economic hardship.
Tesla reported higher global third-quarter auto deliveries on Thursday, joining a broad slate of automakers seeing a surge in electric vehicles ahead of the phaseout of a US tax credit. While the figures did not break down sales by region, automakers saw a jump in US electric vehicle sales due to the September 30 expiration of a tax credit under legislation backed by President Donald Trump.
The Nigerian government has increased pensions by 10.6% and 12.95% for eligibility, backdating the payment to September 2024, and releasing N20bn for areas.
Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German group might take over the project from a Dutch shipbuilder. The contract for the six warships -- set to be the largest vessels in the German fleet -- was awarded years ago to Dutch group Damen Naval, and is reported to be worth over 10 billion euros ($12 billion).
Spain welcomed a record 22.3 million foreign tourists in the key summer holiday months of July and August as the sector heads for another year of unprecedented numbers, data showed on Thursday. The 22.3 million tourists hosted over the two months smashed the previous high mark of 21.8 million in 2024 -- a year that saw a record 94 million foreign visitors flock to Spain.
The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday. A gaggle of investors snapping up the shares included Japanese investment giant SoftBank, the Financial Times and Bloomberg reported, citing people familiar with the transaction.
The Nigerian government has expanded its tax net, under a new law, to include content creators, social media influencers, and diasporan Nigerians.
Britain's largest retailer Tesco on Thursday raised its 2025/2026 profit guidance as the supermarket chain won customers with competitive prices. Increased competition in the UK market had led Tesco in April to lower its profit guidance.
Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday. The 54-year-old's net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication's "Real-Time Billionaires" tracker reported.
Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government.
Economy
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