Bank chiefs in London are calling for greater policy clarity and stability amid fears that looming tax hikes in the forthcoming U.K. budget could hit the financial services sector. CEOs from Barclays, Citi and J.P. Morgan said the U.K. had successfully weathered the upheaval brought about by U.S. President Donald Trump’s tariff turmoil in April,…
Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace. Shares were up 10% by 8:48 a.m. London time (3:20 a.m. ET). Operating profit at the fashion retailer rose 40% year-on-year to 4.9 billion Swedish krona ($522…
President Bola Tinubu has summoned the immediate past Rivers State Administrator, Vice Admiral Ibok-Ete Ibas (retd.), to Aso Villa. Ibas, who arrived at the presidential villa clad in brown native attire, was closely followed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Chairman of the Economic and Financial…
Chelsea came from behind to beat League One outfit Lincoln City 2-1 in the third round of the EFL Cup, advancing to the next stage of the competition. Lincoln stunned the Premier League giants shortly before half-time when Reeco Street opened the scoring in the 42nd minute, firing past Jorgensen to give the hosts a…
The push for special seats for women in the national and state assemblies gained momentum Monday at a national public hearing on the review of the 1999 Constitution, organised by the House of Representatives Committee on Constitution Review. The Speaker of the House of Representatives, Abbas Tajudeen, women groups, the United Nations, the United Kingdom,…
The office of Sen. Natasha Akpoti-Uduaghan has been unsealed by the authorities of the National Assembly. The Deputy Director, Sergeant At Arms Alabi Adedeji, unsealed the office on Sept 23. Mr Adedeji in a video obtained by News Agency of Nigeria, NAN, said: I hereby unseal the office of Sen. Natasha Akpoti -Uduaghan. This development…
Lawyers for music mogul Sean “Diddy” Combs urged a judge Monday to sentence him to no more than 14 months in prison for his conviction on two prostitution-related charges, meaning he would go free almost immediately if the judge agreed. In a written submission, Combs’ legal team said he has already been punished enough. “Mr….
The naira strengthened by 0.36 per cent or (N5.48) on Monday to N1,526.09 per dollar from N1,531.57 per dollar at the previous trading session, indicating a strong start to the new week and month. This is the strongest rate that the naira has traded in about six weeks on the Nigerian Foreign Exchange Market, according…
The Nigeria Hydrological Services Agency has warned of possible flooding in 107 local government areas across 29 states and the FCT between September 1 and September 15. The News Agency of Nigeria reports that the advisory, issued on Monday in Abuja, is based on projections in the 2025 Annual Flood Outlook. It is backed by…
The Federal Government has hailed the conviction of Biafran irredentist, Simon Ekpa, for terrorism-related crimes in Finland. The Minister of Information and National Orientation, Mohammed Idris, in a post on his verified X handle, @HMMohammed, described the sentencing of Ekpa to six years imprisonment as a major victory for the Nigerian people in the collective…
