On Monday, December 1, 2025, the defence minister, Mohammed Badaru Abubakar, resigned his appointment from President Bola Tinubu's administration.
The Abia state governor, Alex Otti, has announced plans to begin the gradual payment of 20-year gratuity to pensioners, setting aside N60 billion for the scheme.
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed. "The NBA Board of Governors has unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm," the league said in a brief statement.
Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.
Attempts to secure a landmark treaty combating plastic pollution descended into disarray on the penultimate day of talks Wednesday as dozens of countries rejected the latest draft text, leaving the talks in limbo. With a day left to go, Vayas presented a new draft but the discussions quickly unravelled as the text was savaged from all quarters.
The Nigerian currency, the naira has depreciated above N1,540 in the official window as forex interventions by the Central Bank of Nigeria declined.
Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a second record high in as many days. That boosted hopes among that the US Federal Reserve and its embattled chief Jerome Powell will cut interest rates next month.
European powers tell UN they are ready to reimpose Iran sanctions
An Australian court has found Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite. Fortnite is one of the most popular video games in the world, laying claim to hundreds of millions of registered players. lec/sft/mtp
Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia. Early afternoon, the Nikkei 225 index was at 43,359.03, up 1.5 percent, having already hit a new intraday record high of 42,999.71 the previous day.
Germany's conservative-led government has launched a drive to rapidly build more gas-fired power plants, fuelling fears about climate policy backsliding and sparking unease even within its own ranks. The Climate Union, grouping CDU and other conservative politicians, has warned subsidies for new gas plants could push up power costs, the Handelsblatt financial daily reported.
Economy
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