After the Kwara state church attack, the police and the DSS made arrests as investigations continue. Authorities provided key updates 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.
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.
US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide on Friday, as the longest government shutdown drags on. "There is going to be a 10 percent reduction in capacity at 40 of our locations," Transportation Secretary Sean Duffy told a White House news briefing on Wednesday, adding they would come into effect on Friday.
Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world. The outcome of the vote will be announced at the annual shareholder meeting at Tesla's factory in Austin, Texas, on Thursday.
Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in deep crisis for several years. Problems worsened for the power-hungry sector when Russia's 2022 invasion of Ukraine sent energy costs surging.
Belgium's fragile governing coalition could be staring at collapse as Prime Minister Bart De Wever threatens to resign unless it approves a cost-cutting budget Thursday. He is calling for a series of "historic" reforms to liberalise Belgium's labour market, curb high unemployment benefits and cut back on pension costs.
The Bank of England is expected to hold its key interest rate unchanged on Thursday but some analysts are not ruling out a surprise cut ahead of the UK government's annual budget. "As I take my decisions on both tax and spend, I will do what is necessary to protect families from high inflation and interest rates," Reeves told the nation in a surprise pre-budget speech in Downing Street.
Asian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy. The rush for cover -- which tracked big losses on Wall Street -- hammered some regional giants including Japanese tech investor SoftBank and South Korean chipmakers Samsung and SK hynix.
Economy
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