Peter Obi says he would engage Nnamdi Kanu and other agitators through dialogue if elected, stressing that criticism is not a crime and needs discussion.
The US dollar faces pressure from soaring inflation and global energy tensions, while Nigeria's naira slips despite rising investor confidence and reserves.
The car industry in the EU on Monday viewed the trade deal struck with the United States as a de-escalation -- but one that still puts sand in its gearbox. The 15 percent rate was similar to one reached in the deal the United States struck with Japan, another major car-exporting country.
EssilorLuxottica, the world's top maker of eyeglasses, said Monday a tripling of sales of Ray-Ban Meta AI connected glasses helped drive increase in profits. EssilorLuxottica said AI glasses gained momentum in the first half of the year, with Ray-Ban Meta more than tripling in revenue year-over-year.
Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector, remain deeply worried about the long-term impact. - German industry woes - The German auto sector stands to be hit particularly hard, with the United States the top market for German vehicle exports last year, receiving about 13 percent of the total.
Telegram founder Pavel Durov faced questioning by investigating magistrates in Paris on Monday about the platform's alleged complicity in criminal activity, sources close to the case said. Arriving at the Paris courthouse on Monday morning, the Russian-born entrepreneur faced his third round of questioning since being charged with multiple infractions linked to enabling organised crime.
The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc's digital rules by not "properly" assessing the risks of illegal products. "Evidence showed that there is a high risk for consumers in the EU to encounter illegal products on the platform," the European Commission said in its preliminary finding.
The European Union on Monday vehemently defended its trade deal with President Donald Trump, with EU capitals and businesses sharply divided on an outcome some branded a "capitulation". - 'Not only about trade' - "It looks a bit like a capitulation," said Alberto Rizzi of the European Council on Foreign Relations (ECFR).
The EU's top negotiator on Monday defended a trade agreement with the United States to avert steeper tariffs as "the best deal we could get under very difficult circumstances". "I'm 100 percent sure that this deal is better than a trade war with the United States," EU trade commissioner Maros Sefcovic told journalists.
The Central Bank of Nigeria (CBN) has injected about $81 million into the foreign exchange market amid renewed volatility to stabilise the local currency.
The deal between the United States and the European Union may have averted a transatlantic trade war, but worries persist in Ireland where crucial sectors are dependent on US multinationals. But "higher tariffs than there have been" will make transatlantic trade "more expensive and more challenging," he added.
Economy
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