Terrorists attacked St. Mary’s Catholic Secondary School in Papiri, Niger state, abducting students, confirmed senior aide Mohammed Inuwa on Friday, November 21.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors. The case dates to a January 2021 DOJ agreement with Boeing that settled charges that the company knowingly defrauded the Federal Aviation Administration during the MAX certification.
Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel mill would be deported. Police said they had conducted over 100 immigration checks during the raid, finding 19 people who did not have the right to work and reside in Sweden.
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. The EU in October floated plans to double tariffs on foreign steel -- taking a leaf from US President Donald Trump's book to shield the bloc's struggling industry from cheap Chinese exports.
The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's annual budget this month set to feature tax rises. - Unclear outlook - The BoE last cut its key rate in August amid concerns over the impact of US tariffs on the UK economy.
Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with China said Thursday they hope improving bilateral relations will bring much-needed stability.
The Nigerian currency, the naira performed mixed in the foreign exchange market, falling in the official window and appreciating in the parallel segment.
British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and as the group zones in on the United States, pressured by President Donald Trump. Trump last month announced a deal with AstraZeneca for significantly lower drug prices in the United States.
France has urged the European Union to take measures against Asian e-commerce giant Shein, two ministers said Thursday, following an uproar over sales of childlike sex dolls on its French website. French ministers on Thursday said it was time for the European Union to take measures against the brand.
A French-British investigation into alleged bribery at France-based defence giant Thales is examining a contract with Indonesia, an AFP investigation has showed. The French judiciary is looking into at least five other cases of alleged graft involving the defence firm.
Economy
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