Nnamdi Kanu, leader of the banned Indigenous People of Biafra (IPOB), has reportedly been transferred to Sokoto prison following his life imprisonment sentence.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries and to tackle global inequalities as the United States boycotts the event.
Asian investors battled Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and uncertainty over US interest rates. Also in sight this week is the planned release of key US data, particularly on jobs creation, which will be closely read over for an idea about the Fed's plans for interest rates.
India's $60-billion Bollywood industry is facing a deepening credibility crisis, as insiders warn that manipulated film reviews and inflated box office numbers are distorting public perception, ultimately hurting ticket sales. Experts warn that falsifying box office data has lasting consequences, from inflated star salaries to shrinking opportunities for new talent.
Researchers warned Wednesday that rising global consumption of ultra-processed foods (UPFs) poses a major threat to health, calling for countries to subject some products made by huge food companies to marketing restrictions and taxes.
A US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and Whatsapp did not constitute an illegal monopoly in social media.
A new mega data centre is slated to rise in a rural stretch of eastern Germany in what backers hope is a starting point for a European AI sector that can compete with the United States and China. "It's certainly a step in the right direction," said Barbara Engels, a researcher at the Cologne Institute for Economic Research, "but we're still far behind the United States and China".
A French court on Tuesday said Perrier can keep selling its famed sparkling beverage as "natural mineral water", rejecting a case brought by a consumer rights group that said the label was misleading and urged the suspension of sales.
Major websites including social network X and AI chatbot ChatGPT were disrupted on Tuesday after US online services provider Cloudflare said it had been affected by a "latent bug".
COP30 host Brazil on Tuesday unveiled a first draft deal after UN climate talks stretched late into the night, seeking a compromise with nations at odds as the summit clock ticks down. With the talks stuck, Brazil announced Monday it wanted an agreement by midweek, sending exhausted negotiators back to the bargaining table and extending work hours late into the night.
Economy
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