A mother and her six children were brutally killed in Kano. Three suspects, including a relative, have been arrested as the community mourns this tragic loss.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
Foreign exchange inflows into the Nigerian forex market dropped significantly in April following the ongoing global tariff war and falling crude oil prices.
The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs in retaliation for President Donald Trump's sweeping levies if talks fail, European diplomats told AFP Wednesday.
Germany's new Chancellor Friedrich Merz said on Wednesday EU countries should "quickly" ratify a free trade deal with four South American nations that has met with staunch opposition from France. "The Mercosur deal should be ratified quickly and implemented," Merz said at a joint press conference with President Emmanuel Macron as he visited Paris on his first trip abroad.
The Walt Disney Company on Wednesday unveiled plans for a new theme park in the United Arab Emirates, underscoring the country's emergence as a financial and entertainment global hub. Disney's announcement came ahead of US President Donald Trump's visit to Saudi Arabia, Qatar and the United Arab Emirates next week.
Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's beleaguered top economy, even as hardline US trade policies complicate his task. Klingbeil also said that he would speak with European finance ministers Wednesday and that a key challenge would be finding ways of boosting investment using EU institutions.
Despite tomato prices surging almost 1000% in 2024, the farmers still recorded huge losses amounting to N1.3 billion. This has been traced to Tomato Ebola.
Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, cut its annual sales forecast on Wednesday, citing a decline in its US market share. Novo Nordisk's shares tumbled last month after Eli Lilly announced a successful clinical trial of diabetes and obesity treatment orforglipron.
Danish renewables firm Orsted said Wednesday it was shelving plans to build a massive wind farm off the UK coast due to rising costs, dealing a setback to Britain's clean energy goals. But Orsted said in a statement that the project "has seen several adverse developments", including rising supply chain costs, higher interest rates and an increased risk in building it on the planned timeline.
When Scotland's windswept Isle of Harris welcomed its first commercial distillery a decade ago, it was about more than just whisky. He is from the nearby Isle of Scalpay, and remembers when there was "a thriving community" in this area decades ago with a prosperous port.
Economy
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