Presidential hopeful, Peter Obi, has finally reacted to the life imprisonment handed to Nnamdi Kanu, leader of the Indigenous People of Nigeria (IPOB).
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Norway's sovereign wealth fund said Monday that it had divested from US construction equipment firm Caterpillar over purported involvement in rights violations in the Israel-Hamas war. The fund said it had also withdrawn from five Israeli firms for financing the construction of illegal settlements in the Israel-occupied West Bank.
Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a "complex and rapidly evolving situation" with US President Donald Trump's looming tariffs.
US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank. The referral, Trump said, provided "sufficient reason" to believe that Cook might have made "false statements" on one or more mortgage agreements.
Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to reach a union deal 60 days before the deadline. That led to the WNBA getting $200 million a season starting next year as part of an 11-year media rights deal worth $2.2 billion the NBA signed with Disney, Amazon and NBCUniversal.
Maurice Tempelsman, a renowned diamond merchant and long-time companion of former US first lady Jacqueline Kennedy Onassis, died in New York, his family said. In 1984 he acquired New York-based diamond jewelers Lazare Kaplan, propelling him onto New York's business and social scene, and quickly becoming one of the world's premier diamond merchants.
Bolivian right-wing presidential hopeful Jorge Quiroga on Monday vowed to scrap billion-dollar lithium extraction deals struck by the outgoing government with Russia and China if elected leader. In 2023 and 2024 Arce's government signed deals with Russia's Uranium One and China's CBC, a subsidiary of battery manufacturer CATL, to extract lithium from the salt pan.
Elon Musk's companies xAI and X filed a sweeping US antitrust lawsuit Monday against Apple and OpenAI, alleging the tech giants formed an illegal partnership to stifle competition in artificial intelligence and smartphone markets.
The US government could take stakes in other companies after doing so with chipmaker Intel, President Donald Trump's top economic advisor Kevin Hassett said Monday.
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. The statement added that China Evergrande Group was a holding company and that liquidators had assumed control of more than 100 companies within the group.
Economy
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