Nnamdi Kanu files motion at Federal High Court seeking transfer from Sokoto to facilitate appeal against life sentence. Hearing adjourned to December 8.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
The United Kingdom government has announced that it has removed or reduced tariffs on 3,000 items to improve trade ties with the Nigerian government.
German premium carmaker Mercedes-Benz sought to reassure investors Wednesday over a feared shortage of microchips as it reported plunging third-quarter profits. For the third quarter, Mercedes reported a 30.8-percent plunge in net profit to 1.19 billion euros ($1.38 billion), dragged down by US President Donald Trump's tariff blitz as well as slumping sales in China.
The Nigerian government has announced plans to expand the N75,000 cash transfer scheme to include more Nigerians beyond the initial 15 million households.
British pharmaceutical group GSK on Wednesday raised its full-year outlook after strong sales growth in its third quarter, brushing off the potential impact of US tariffs. The drugmaker on Wednesday said it expects full-year revenue to increase between six and seven percent, compared with an earlier forecast of three to five percent.
German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as well as US tariffs. Sales by volume in key market China meanwhile fell 27 percent in the third quarter, helping drag overall sales down 12 percent.
Norwegian energy giant Equinor said Wednesday it suffered a net loss in the third quarter as it lowered its outlook for oil prices, forcing it to write down the value of its assets.
Asian stock markets surged on Wednesday, matching record gains on Wall Street the previous day as investor confidence in AI tech and coming interest rate cuts in the United States reaches fever pitch.
Fries powerhouse Belgium is in for a record potato harvest this year -- but that's hardly cause for celebration for farmers who face a slump in prices partially driven by a crunch in exports. "It's going to be a difficult year," Baudouin Dewulf, a grizzled farmer in Geer, eastern Belgium, said.
Germany's largest bank Deutsche Bank posted record third-quarter profit Wednesday and beat expectations, boosted by a strong performance at its investment bank. Revenue rose across most of the bank, but the investment bank led the way with a rise of 18 percent to three billion euros.
Economy
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