Armed gangs known locally as bandits have attacked a school in Kebbi state, shooting the principal, killing the vice principal, and abducting female students.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Two banks holding national banking licences are reportedly in talks to merge as the recapitalisation deadline set by the Central Bank of Nigeria (CBN) nears.
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney. The letter on Thursday came despite what had been warming relations between Trump and Carney, who has been faced with his counterpart's regular musings that Canada should become the 51st US state.
China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.
Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump's latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies. Analysts say traders now expect a deal or another delay, while investors appear to be waiting until a deal is done or the tariffs kick in.
US President Donald Trump on Thursday said he was considering imposing a 15 or 20 percent blanket tariff on countries that had not yet received specific notifications, effective August 1. In his letters to leaders from more than 20 countries, Trump outlined duties ranging from 20 percent to 50 percent -- in the case of Brazil -- that would take effect on August 1.
US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist leadership of orchestrating a "witch hunt" against his right-wing ally, former leader Jair Bolsonaro. Bolsonaro calls Trump a "friend" and says they are both victims of "persecution."
At Cuernavaca's Grill, a Mexican restaurant in the Fashion District of downtown Los Angeles, owner Nayomie Mendoza is used to seeing customers line up for lunch. Manuel Suarez, a street vendor near Cuernavaca's Grill, agreed.
As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney. The letter on Thursday came despite what had been warming relations between Trump and Carney.
Economy
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