EFCC has reportedly detained one of the influential ministers under the administration of late President Muhammadu Buhari over the allegation of financing terrorism.
The Federal Government has annouced a massive programme that will train 1.3 million Nigerians in practical skills across 1,600 centres, offering stipends,
All eyes are on China this week, as the world's biggest polluter readies a new emissions-cutting plan -- reinforcing its role as a steadfast defender of global climate diplomacy while Europe stalls and the United States doubles down on fossil fuels. And the United States under President Donald Trump has recast itself as a zealous promoter of fossil fuels.
The US Fed governor newly appointed by President Donald Trump argued Monday for significantly lower interest rates, signaling that concerns over inflation may be overblown. But underscoring policymakers' different considerations, St Louis Fed President Alberto Musalem cautioned in a separate speech Monday of risks that above-target inflation could be more persistent than desirable.
Nvidia said Monday it will invest up to $100 billion in OpenAI, building infrastructure for next-generation artificial intelligence.
The US Treasury said Monday it stood ready to "do what is needed" to support Argentina's economy, as President Javier Milei battles to calm jittery financial markets. Milei thanked Washington for its "unconditional support for the Argentine people."
The world's second largest diamond could soon find a new home in a museum or a sheikh's collection -- but first needs to be properly evaluated, the Belgian firm holding it told AFP Monday. The firm is showcasing the Motswedi as part of a collection of four gems -- including the world's third largest diamond -- which were recently discovered at the same mine.
The Nigerian currency is gaining momentum against the dollar, maintaining a week-long winning streak in the official and parallel markets, followed by reserves rise.
Chancellor Friedrich Merz on Monday appointed a "personal representative for investment" charged with bringing new business to Germany as part of efforts to revive the struggling economy. Fixing the struggling economy has been a priority for Merz, from the conservative CDU, since he was elected as chancellor earlier this year.
No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.
Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's shareholders before the October 7 deadline to accept its hostile bid. BBVA said it would not make further improvements to the bid or extend the deadline for shareholders to accept it.
Economy
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