Nigerians have started expressing mixed reactions over the life imprisonment handed over to estranged leader of the proscribed IPOB by Federal High Court.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
The EU on Monday slapped German food delivery company Delivery Hero and its Spanish subsidiary Glovo with a fine worth 329 million euros ($376 million) after they violated antitrust rules. Delivery Hero will have to pay a fine worth 223 million euros, while Glovo must pay around 106 million euros, the commission said.
Stock markets and the dollar recoiled Monday after President Donald Trump announced he would double US tariffs on global steel and aluminium, and accused China of violating a deal to slash tit-for-tat levies. China on Monday said it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up.
French fashion house Dior named Northern Irish designer Jonathan Anderson on Monday as the first-ever creative director for both its women's and men's collections. "It is a great honour to join the House of Dior as Creative Director of both women's and men's collections," Anderson said in the company statement.
Aliko Dangote, President of the Dangote Group has shared the vision of its refinery to the Economic Community of West African States Commission (ECOWAS).
Jonathan Anderson will become the first designer to head both the women's and men's lines at Dior, the French fashion house's parent company said on Monday. The Northern Irish designer was named as head of the women's line, LVMH said in a post on social media, following last week's departure of Italian peer Maria Grazia Chiuri.
Airlines on Monday revised down their traffic and profit forecasts for 2025, citing "headwinds" for the global economy, with industry chiefs warning of the risk of increased tariffs impacting the sector. - 'Trade tensions' - While looking at profits, Walsh warned that "perspective is critical" to put industry-wide figures into context, saying that per passenger, it was still a narrow margin.
Victor Fernando Meza works during the day, but his salary is not enough to afford rent in the Spanish capital Madrid. Meza works occasional moving jobs and is hoping to save enough to rent an apartment with his brother.
President Donald Trump's hardline immigration tactics, sweeping tariffs and nationalist policies may be a turn-off for many would-be European tourists to the United States, but the data paints a more nuanced bigger picture.
The European Central Bank is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump's volatile trade policies add to headwinds for the sluggish eurozone.
Economy
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