President Bola Ahmed Tinubu has nominated General Christopher Gwabin Musa as the new Minister of Defence to replace Abubakar Badaru, who resigned on Monday.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering sharply from net losses in the same period last year, the company said Thursday. Petrobras reported a net profit of $6 billion in the first quarter, a 48.5 percent increase year on year.
A cryptocurrency group has said it organized a spate of "stunts" in which sex toys were tossed on courts at WNBA games, US media reported on Thursday. USA Today reported that the meme coin group spokesman said that Delbert Carter, who was arrested for allegedly throwing a green sex toy on the court at the end of Atlanta's home game against Phoenix, was not part of the cryptocurrency group.
Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. Investors are now keeping tabs on talks between Washington and several other trading partners following the imposition Thursday of Trump's tariffs, with India and Switzerland scrabbling for a deal.
Red paint and slogans were daubed at the entry to the offices of national Israeli airline El Al in Paris, with Israel Thursday urging French authorities to take action over the "barbaric act".
US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's commissioner of labor statistics to bolster his predecessor Joe Biden, presenting different figures in the wake of her firing. The revision infuriated Trump, who sacked commissioner of labor statistics Erika McEntarfer, who was confirmed in that role in January 2024.
The Nigerian Customs Service (NCS) has reintroduced the controversial Free On Board Charges, prompting strong condemnation from stakeholders and importers.
OpenAI on Thursday released a keenly awaited new generation of its hallmark ChatGPT, touting "significant" advancements in artificial intelligence capabilities, as a global race over the technology accelerates. "It is a significant step toward models that are really capable," he said.
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before US President Donald Trump's new tariffs kicked in.
The National Bureau of Statistics recently announced that Nigeria's economy is larger than previously reported, following the successful rebasing of its GDP.
Economy
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