Presidential aide Daniel Bwala says the Federal Government will soon reveal the identities of individuals and networks financing terrorism in Nigeria.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap Chinese imports. Member states, including France, and the EU executive hope the duty exemption can be done away with from the start of next year, rather than 2028.
Switzerland's economy minister Guy Parmelin was back in Washington for talks on Thursday, for the third time since the Alpine country was clobbered with huge tariffs. The pharmaceutical industry, Switzerland's largest export sector, could be living on borrowed time: medications are exempt from tariffs, but Trump regularly threatens to impose tariffs on them as well.
With NASA's International Space Station set to come out of service in 2030, American aerospace firm Vast has stepped into a frenzied race for the world's first commercial space station. The California-based firm, founded in 2021 by billionaire Jed McCaleb, aspires to replace the International Space Station with Haven-2, a larger version of the first model.
Flashy humanoid robots that have awed attendees at Web Summit in Lisbon this week are still far from revolutionising physical labour in factories and warehouses, Amazon's chief roboticist told AFP. "It's a bit of doing technology for technology's sake," Tye Brady said in a Wednesday interview. Brady said that the world is still "in the early stages of robotics, of physical AI".
The world's oil market is experiencing a period of imbalance as growing supply outstrips demand despite stronger deliveries to China, the International Energy Agency (IEA) said Thursday. "Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards," the IEA said.
Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country's competition authority said Thursday. In February, the Competition Commission had recommended that Google pay up to $27 million a year for five years, following a 16-month investigation that found Google searches favoured international news over local outlets.
Britain's economy slowed in the third quarter, official data showed Thursday, dealing another blow to the Labour government ahead of its annual budget. The growth figure comes after official data this week showed UK unemployment rising more than expected to 5.0 percent in the third quarter, ahead of the November 26 budget.
The Lagos state government has announced 25% subsidy on essential food items such as rice, beans, garri, and bread for ease hardship for the reseidents.
Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label's turnaround plan begun a year ago. Nevertheless, the group announced Thursday that sales fell five percent to £1.0 billion in its first half. bcp/ajb/jh
Economy
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