The federal high court, Abuja, on Thursday convicted Biafra separatist leader Nnamdi Kanu on count-1 of the federal government of Nigeria’s terrorism charge.
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
The Central Bank of Nigeria (CBN) has left the Customs foreign exchange rate for cargo clearance unchanged following the appreciation of the naira.
Eurostar said Wednesday it will run double-decker trains through the Channel Tunnel for the first time, as it faces potential competition on its routes between London and mainland Europe. "We're particularly proud to bring double-decker trains to the UK for the very first time," she added in a statement.
Italy's second largest bank, UniCredit, beat analyst expectations on Wednesday with record third-quarter profits as higher commissions and cost cutting measures outweighed lower interest income. The bank confirmed its 2025 net profit target of 10.5 billion euros excluding measures to boost future performance, and its medium-term target of surpassing 11 billion euros in 2027.
Sales by French luxury group Hermes, known for its silk scarves and leather handbags, defied US tariffs and a weak dollar to rise in the third quarter. Hermes said earlier this year that it hoped to avoid raising prices in the United States further despite the new 15 percent tariff on goods from the EU, but warned the weak dollar was also weighing on performance.
Above the pine forests and dunes that stretch along the nearly deserted beaches of southwestern Portugal, cranes rise from building sites soon to be luxury hotels -- a sign of the region's contentious transformation into a playground for the wealthy.
Dutch brewer Heineken Wednesday reported a steep drop in beer sales in the third quarter, driven by a sharp decline in the United States and Europe and a "challenging" economy. Heineken said it sold 59.0 million hectolitres of beer worldwide in the third quarter.
Gold and silver tumbled for a second day Wednesday, bringing a rally in the precious metals to a juddering halt, while equities also sank after US President Donald Trump remarked that a meeting with Chinese counterpart Xi Jinping might not take place.
Argentina's central bank said Tuesday it had sold $45.5 million dollars on the foreign exchange market to try and halt a run on the peso days ahead of midterm elections that have put pressure on the currency despite substantial US financial aid.
JPMorgan Chase officially inaugurated its new Manhattan tower Tuesday, a 60-story skyscraper that also marks a kind of comeback of office working after the pandemic years. When the pandemic halted city life in its tracks in March 2020, JPMorgan had just finished the demolition of its old headquarters building at the same address, which had stood for 60 years.
Economy
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