The Federal Capital Territory (FCT) Minister Nyesom Wike asserts that only President Bola Ahmed Tinubu can remove him from office amid calls for his sacking.
As the naira dips to N1,419.71 per dollar amid cautious trading, analysts foresee stability in 2026, despite oil market uncertainties impacting Nigeria's FX inflows.
From fleets of private trailers to personal chefs and sprawling entourages, Bollywood stars' "obnoxious" demands are driving up production costs and putting a strain on the Indian film industry's finances, insiders say. "The kind of demands stars make is obnoxious."
Even as the United States is embarked on a bitter rivalry with China over the deployment of artificial intelligence, Chinese technology is quietly making inroads into the US market. It was also a reckoning for the United States -- locked in a battle for dominance in AI tech with China -- on how far its archrival had come.
French President Emmanuel Macron said on Sunday he had given the official go-ahead to replace his country's flagship, the nuclear-powered Charles de Gaulle aircraft carrier. Also nuclear-powered, the new carrier will be far larger than the current flagship.
The Nigerian currency, the naira experienced its steepest fall on Friday, December 19, 2025, following the resurgence of demand for the US dollar in the FX market.
Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry. Since then, China has taken advantage of its natural reserves -- the largest of any country -- to dominate processing and innovation in the field.
Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union to show "courage" and sign a trade deal with the South American Mercosur bloc. "Without political will and courage on the part of leaders, it will not be possible to conclude negotiations that have dragged on for 26 years," Lula said in his opening speech at the Mercosur summit in Foz do Iguacu.
As Europe seeks to curb its dependence on China for rare earths, plans to mine the continent's biggest deposit have hit a roadblock over fears that mining operations could harm endangered beetles, mosses and mushrooms. No rare earth deposits are currently being mined in Europe.
A Delaware appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested $56 billion Tesla pay package, reversing an earlier judgment in the long-running case.
The Federal Government has launched YouthCred, a new scheme allowing Nigerian youths aged 18–39 to access loans up to N5 million with flexible repayment terms.
Economy
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