It was a jubilation night as reports emerged that the 24 schoolgirls who were abducted at the Government Girls Secondary School in Maga, Kebbi state, were rescued.
The Tinubu administration has introduced several loan and grant schemes to help Nigerians cope with economic hardship, unemployment, and rising poverty levels.
Japanese inflation accelerated in January, further pressuring households as prices excluding fresh food rose 3.2 percent on-year, government data showed Friday. Overall, inflation including volatile fresh food prices was up 4.0 percent on-year, speeding up from 3.6 percent in December and 2.9 percent in November.
Spotify on Thursday began accepting audiobooks narrated by digital voices created by artificial intelligence software firm ElevenLabs, pitching it as a cost-effective option for authors. "We're excited to begin accepting audiobooks from ElevenLabs, an AI software company that provides easy-to-use, high-quality voice narration technology," Spotify said in a blog post Thursday.
Netflix said Thursday that it would spend $1 billion over four years producing films and series in Mexico, in a boost to the government's efforts to attract investment in the face of US tariff threats. It's why all of our series and all of our films that we make in Mexico, we make in partnership with local production companies.
Amazon MGM Studios will take creative control of the James Bond franchise following a landmark joint venture agreement with longtime producers Michael Wilson and Barbara Broccoli, the parties announced Thursday.
President Donald Trump repeatedly claims that US-EU trade ties are unfair and that Europe is abusing the United States as justification for threatening tariffs. - US services surplus When Trump criticises the European Union's trade surplus with the United States, he is only referring to trade in goods.
EU trade chief Maros Sefcovic said Thursday that reciprocity in tariffs should apply to both the bloc and Washington, after talks with his counterparts in US President Donald Trump's administration. During Sefcovic's three-day Washington visit for talks with US officials and business leaders, he pushed back against Trump's claim of unfairness in US-EU trade ties.
Walmart reported solid fourth-quarter results Thursday behind higher US sales, but shares tumbled after its quarterly and annual projections missed estimates. Shares of the retail behemoth fell around eight percent in pre-market trading after the company projected annual profits of between $2.50 and $2.60 a share in fiscal 2026, below the $2.77 expected by analysts.
In an interesting development, Nigeria's non-oil revenues have surpassed the growth target set, hitting N1.9 trillion. This means non-oil revenues now account for...
The European Central bank on Thursday reported a record loss in 2024 after it had aggressively hiked eurozone interest rates in response to soaring inflation. "Increases in the ECB's key interest rates in 2022 and 2023" resulted in higher interest expenses for the central bank itself on its liabilities, while income from interest on its assets did not rise as fast.
Economy
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