It was a celebration day for workers and pensioners in Rivers when Siminalayi Fubara become the second governor to announce N100,000 Christmas bonus.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The EU's top court on Wednesday upheld the European Commission's decision to give a sustainable finance label to investments in natural gas and nuclear power, dismissing a complaint by Austria. The European Commission in 2022 defied protests from green campaigners and dissent in its own ranks to give a sustainable finance label to investments in both gas and nuclear power.
Danish pharmaceutical giant Novo Nordisk announced Wednesday that it would cut 11 percent of its workforce, as the maker of Ozempic and Wegovy faces rising competition for its anti-obesity treatments. - Copycats - Novo Nordisk faces stiff competition from rival treatments made by US group Eli Lilly.
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc's lawmakers Wednesday -- with many seething over an outcome they see as a surrender to Washington.
When David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive tool like ChatGPT, or go their own way. In starting the company, Ha has put down roots in Japan, which "has its problems" but remains "a leading democracy in Asia", he said.
Asian markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market ramped up expectations for a series of Federal Reserve rate cuts. After all three main indexes on Wall Street ended at record highs, Asia continued the positive run on Wednesday.
The US Supreme Court on Tuesday agreed to hear arguments in November on the legality of President Donald Trump's sweeping tariffs, after his administration asked for an expedited ruling on the issue. Trump's administration asked the top court last week for an expedited ruling preserving the tariffs, saying the lower court decision has already damaged trade negotiations.
Meta systematically suppressed internal research highlighting serious child safety risks on its virtual reality platforms, according to allegations from current and former employees who testified to Congress on Tuesday. Researcher Jason Sattizahn told the Senate hearing that it was "very clear that Meta is incapable of change without being forced by Congress."
EU lawmakers gave a final green light Tuesday to a law on slashing back the mountains of food wasted in Europe each year, and curbing the environmental impact of so-called fast fashion.
There are several life-changing opportunities every Nigerian must apply for in 2025. Recent data has identified three opportunities for youths and entrepreneurs.
Economy
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