President Bola Tinubu has declared a nationwide security emergency following a series of banditry attacks and rolled out four directives for security agencies.
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
UPS said Friday that it had grounded its fleet of MD-11 cargo planes, after one of them was involved in a deadly crash in Kentucky this week. "Out of an abundance of caution and in the interest of safety, we have made the decision to temporarily ground our MD-11 fleet," UPS said.
France, Spain and Kenya are among a group of countries spearheading a drive at the COP30 climate summit for a new tax on luxury air travel, a source close to the matter told AFP. Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global warming, the proposal will likely pit them against the powerful aviation industry.
Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, sparking calls in Oslo for the Scandinavian nation to use its colossal sovereign wealth fund to help Kyiv.
Greece on Friday hailed as "historic" a deal with US energy giant ExxonMobil that could see the country's first offshore drilling project in 40 years. In recent years, Greece has been investing heavily in both renewable energy and natural gas to reduce its dependence on lignite.
Nigeria's foreign exchange reserves is about to hit new high of $45 billion due to Nigeria's impressive outing at the international bonds market.
Brazil, the world's biggest exporter of chicken meat, on Friday welcomed China's move to lift a ban on imports of the product after an outbreak of bird flu earlier this year. Brazil said in June it was free of bird flu and would resume exports.
A leading German auto supplier said Friday it has received permission to export Nexperia chips from China again as Berlin welcomed signs of "de-escalation" in a row that has alarmed carmakers.
Serbia's parliament on Friday moved to fast-track the demolition of the bombed-out Yugoslav Army headquarters in central Belgrade, the site of a proposed luxury hotel backed by Donald Trump's son-in-law Jared Kushner. Lawmakers backed the move with 130 votes in favour and 40 against.
The Nigerian currency, the naira, has emerged among Africa's best-performing currencies, ranking high in a newly released report for October 2025.
Economy
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