The Catholic Diocese of Kontagora has released the updated list of kidnapped students and teachers at the St. Mary’s School in Agwara LGA of Niger state.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Economists and policy analysts have asked the Central Bank of Nigeria (CBN) to introduce higher naira notes, such as N10,000 and N20,000 notes to ease portability.
The Securities and Exchange Commission (SEC) has revealed that more than 60 million Nigerians gamble every day, spending about $5.5 million in total.
British entrepreneur Richard Branson vowed Thursday to "shake up" cross-Channel train services after regulators approved a key bid by his Virgin Group to share an east London depot with Eurostar. Although the tunnel is only used at about 50 percent capacity, previous rival bids for a new Channel service have hit hurdles including regulation and restricted station capacity.
Volkswagen reported its first quarterly loss for five years Thursday, topping one billion euros, as the German auto giant struggles with US tariffs and a troubled electric shift at subsidiary Porsche. It is the latest bad news for VW and the wider German auto industry, and reflects broader problems for traditional manufacturers in Europe's struggling top economy.
A beaming US President Donald Trump hailed his "great success" in talks with Chinese President Xi Jinping in the South Korean city of Busan on Thursday. However, he said after the talks in Busan the tariffs would be reduced to 10 percent -- bringing overall US tariffs on Chinese goods to 47 percent.
Curbing China's critical mineral dominance will top the agenda at a G7 energy ministers meeting in Canada on Thursday, as industrialized democracies seek more reliable access to the resources that power future technologies.
The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high uncertainties" linked to US trade tariffs. "High uncertainties still remain regarding the impact of trade and other policies on economic activity and prices at home and abroad," the BoJ said in a statement following the decision.
The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation hovering around its target and the eurozone economy holding up. Jose Luis Escriva, Spain's central bank chief and a member of the ECB's rate-setting governing council, told El Diario newspaper in a weekend interview that the "current level of interest rates is appropriate".
Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United States and China for potential breakthroughs to defuse a damaging trade war. Main benchmarks were nearly flat during Thursday morning trading in Tokyo, Shanghai and Sydney.
Economy
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