A crisis erupted at PDP headquarters as rival factions clashed, governors Makinde, Bala, others were blocked, tear gas was fired, and Wike escalated the standoff.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Canadian steel firms face turmoil after US 'stab in the back'
Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy. Poitiers noted that countries can't impose tariffs on services, hence Trump's insistence on focusing on goods.
Buffeted by tariffs and threats from Washington, the European Union and Canada hailed their "friendship" and discussed drawing closer together Wednesday, in the latest sign of a Brussels push to diversify trade away from the United States. "The European Union and Canada... prove that trade agreements are clearly better than trade tariffs," Costa said Wednesday.
US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. Trump wrote in a post on his Truth Social account shortly after the data was published, seeking to blame his Democratic predecessor for the CPI increase.
The former operator of the KFC and Pizza Hut franchises in Turkey on Wednesday promised to pay the outstanding salaries of its 7,000 staff just days after filing for bankruptcy. IS Gida, the franchise operator, filed for bankruptcy last week with its CEO Ilkem Sahin saying it had an outstanding debt of 7.7 billion Turkish liras ($214 million).
The rise of the US dollar has crashed the Nigeria naira by 0.7% in the official market, depreciating by N11 to a dollar and N10 in the black market.
Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover. Heineken sales figures overall registered a slight dip last year, mainly due to currency fluctuations.
An Elon Musk aide was mistakenly given clearance to make changes to the US Treasury Department's highly sensitive payments system containing millions of Americans' personal information, a department official said Tuesday.
The unfathomable scale of the world's largest religious festival in India overshadows many nations in size -- and for the economy, its impact is just as dramatic. They are staggering statistics even for the world's most populous nation of 1.4 billion people.
Economy
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