A prominent Nigerian pastor has shared a fresh prophecy in response to recent military action threats by Donald Trump and the United States (US).
The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund.
German sports car maker Porsche sunk to a third-quarter loss of almost one billion euros ($1.16 billion), the firm said Friday, as it grappled with the costs returning to petrol and delaying its electric vehicle (EV) rollout. Porsche in September said it would delay the introduction of some fully electric cars and extend the life of some combustion engine and hybrid models.
Procter & Gamble on Friday reported higher earnings fueled in part by an improved performance in China as it projected a lower hit from tariffs. The consumer products giant -- which announced a downsizing in non-manufacturing employment in June in the wake of the tariff onslaught -- now sees a hit of $500 million in fiscal 2026, down from an earlier forecast of $1 billion.
The prices of items have eased in Nigeria, especially in the Federal Capital Territory (FCT) as Sunday Dare, Presidential Spokesman releases new rates
The Nigerian government, through the Ministry of Housing and Urban Development has unveiled the prices of different housing units nationwide under RHHS.
Spain's top criminal court said Friday it had opened an investigation into executives at steelmaker Sidenor for alleged complicity in crimes against humanity or genocide for trading with an Israeli arms company. UN investigators and several human rights groups, among them Amnesty International and Human Rights Watch, accuse Israel of committing genocide in Gaza.
Shoprite Nigeria is facing major struggles, with outlets in Ibadan and Ilorin shut down and several branches in Lagos and Abuja left with empty shelves.
US consumer inflation continued to heat up last month, but by less than expected, according to official data published nine days late due to the ongoing government shutdown. The data provides economists and traders with some much-needed insight into the health of the world's largest economy, with almost all other official data releases halted due to the US government shutdown.
Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions. But the central bank says high rates are needed to bring down inflation that was still above eight percent in October, double the central bank's target.
China will develop its high-tech sector on a massive scale in the next decade, top officials vowed Friday, a day after meetings on the country's future policy priorities concluded in Beijing. "The new scale added in the next 10 years is expected to reshape China's high-tech sector," development official Zheng Shanjie told reporters at a news conference.
Economy
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