President Donald Trump on Sunday, March 1, 2026, announced the destruction of the Iranian Naval Headquarters and nine naval ships by the United States forces.
Startups can access up to $10,000 in funding as the Sola and Ibukun Adeyinka Foundation opens applications for Cohort 3 of its SIA Startup Foundry programme.
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.
German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming year, and that it hoped to soften their impact. In a statement, BMW said it expects "some of the tariff increases to be temporary, with reductions from July 2025."
Asian equities rose Wednesday after China and the United States said they would hold trade talks at the weekend, fanning optimism that the superpowers can row back eye-watering tariffs that have heightened recession fears.
The Nigerian Education Loan Fund (NELFUND) is set to launch IT updates to simplify the Nigerian student loan application process and prevent fraud.
Sara, a Dubai-based journalist, joined the US-funded Alhurra TV news channel hoping for job security. Another Alhurra journalist in Dubai, who also did not want to be named, said he was facing an "uncertain professional future" after eight years at the channel.
Weeks after Donald Trump's global tariff bombshell, Jeff Chen's factory in Taiwan is as busy as ever turning out carbon and alloy wheels for high-end bicycles bound for US and European markets. Taiwan bicycle industry expert Michelle Hsieh said the island's success in targeting the high-end market was down to "hidden champions" in the supply chain.
Economy
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