President Bola Ahmed Tinubu has asked the National Assembly to summon the inspector general of police (IGP), Kayode Egbetokun. Legit.ng has the details.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
French President Emmanuel Macron warned Iran's president there were only "hours left" for a deal on Tehran's nuclear program to avert deep sanctions, even after Masoud Pezeshkian insisted his country does not seek an atomic bomb. Only a few hours are left.
France is in a position to develop a next-generation combat aircraft alone should negotiations with Germany and Spain fail, a government official said Wednesday. "Should we indeed not succeed in finding agreement on the programme's reorganisation, France will be able to build a fighter aircraft on its own," said the official, who asked not to be identified.
US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a swap line allowing the country access to billions of dollars, as its right-wing leader Javier Milei seeks to calm markets ahead of midterm elections.
French energy multinational TotalEnergies and German energy group RWE have won a contract to built a large offshore wind energy project with a potential to supply the equivalent of one million households with electricity, the French government said Wednesday. By 2030 already, French wind energy is to produce the electricity needs equivalent of two million French households, the ministry said.
The Nigerian currency has continued its gains in the official and parallel markets, still trading below the N1,500 ceiling in the official window and gaining 0.08%.
An influential consumer rights association on Wednesday urged a court to ban the sale of Perrier bottled water in France, saying the brand's claim that its product is "natural" was misleading. The Swiss conglomerate had been already been under pressure over Perrier and its other brands as EU regulations strictly limit what treatments are allowed for any product marketed as natural mineral water.
Labour unions, including NUPENG and PENGASSAN, have rejected the proposed sale of critical national assets by the Nigerian government, especially NNPC oil assets.
Amazon plans to shut all its grocery stores in Britain, after the shops without checkout registers failed to compete with online delivery demand. It is set to completely shut 14 Amazon Fresh stores, and convert the remaining five into Whole Foods Market shops, the organic grocery chain it bought in 2017.
German Chancellor Friedrich Merz on Wednesday rejected claims his government was undermining the climate change fight, but insisted that industry also needed to be protected to revive the crisis-wracked economy. In a fiery debate in parliament marked by loud heckling from the opposition benches, the chancellor noted his critics claimed he was "undermining climate protection".
Economy
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