Former President Goodluck Jonathan has finally opened up on leaving the troubled Guinea Bissau on Ivorian air rathan Nigerian aircraft when he was trapped.
Prices of foodstuffs have reportedly crashed in Benue, Borno, Adamawa, and Yola, to the joy of consumers but the displeasure of traders who are incurring losses.
It will rain grains in Nigeria as the National Agricultural Development Fund (NADF) is partnering a state government to fund large-scale grain farming this year
Taiwan will consider supporting its domestic industry the government said Wednesday, after US President Donald Trump warned he will soon place tariffs on overseas-made semiconductor chips. Speaking at a Republican congressional retreat in Miami on Monday, Trump warned the United States will soon place tariffs on foreign-made semiconductor chips, pharmaceuticals and metals such as steel.
DeepSeek's 'Sputnik moment' exposes holes in US chip curbs
The Nigerian naira rallied for the third day in the official window, trading at N1,522.60 from N1,533 per dollar following the launch of FX code by the CBN.
Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector. The tech sector has also been buffeted by the sudden emergence of DeepSeek, a low-cost Chinese artificial intelligence chatbot to rival its US competitors.
Promising a "simplification shock", the EU will unveil a much-anticipated blueprint to revamp Europe's economic model on Wednesday, as the bloc struggles to keep up with China and the United States. Commission Vice-President Stephane Sejourne has promised "a simplification shock without affecting environmental targets".
Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation. It also announced "changes to its management structure to clarify management roles according to their responsibilities for the management of the entire Group or of each business".
Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at London's Heathrow airport as the Labour government seeks to kickstart economic growth.
Asian markets rose in holiday-thinned trade Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses a day earlier as worries over Chinese AI startup DeepSeek subsided.
Economy
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