It was a jubilation night as reports emerged that the 24 schoolgirls who were abducted at the Government Girls Secondary School in Maga, Kebbi state, were rescued.
The Tinubu administration has introduced several loan and grant schemes to help Nigerians cope with economic hardship, unemployment, and rising poverty levels.
Clothing items sold by Asian e-commerce giant Shein contain dangerous chemicals at levels well in excess of EU rules, Greenpeace charged in a report published on Thursday. Greenpeace Germany said 18 clothing items out of 56 that it sent for testing "contained dangerous chemicals that exceed the limits in the EU's REACH chemical regulation, sometimes severely".
US retail giant Walmart reported higher quarterly revenue Thursday and raised its outlook, in an expectations-beating earnings report as American households feel the squeeze from rising costs of living.
The European Commission said Thursday it wants to exclude companies involved in fossil fuels from financial products marketed as "sustainable" in the EU, a step long demanded by environmental groups and experts.
Germany's Lufthansa on Thursday expressed an interest for a stake in TAP Air Portugal, joining Air France-KLM in the race for part of the carrier which is set to be privatised. Air France-KLM said Wednesday it had also formally expressed its interest to take a stake in TAP. IAG group, which includes British Airways and Iberia, has also previously said it is keen on taking a stake.
A daily pill that is cheaper and easier to take than currently available weight loss drugs helps people lose around a tenth of their body weight over nearly 18 months, a study said Thursday. This is similar to research published earlier this year that found that people with obesity but not diabetes lost around 12 percent of their body weight while taking the pill.
The Federal Account Allocation Committee shared a total revenue of N2.094 trillion among the Federal Government, 36 states and 774 local governments in October.
A court in Spain said Thursday it has ordered Facebook owner Meta to pay local media outlets 479 million euros ($552 million) in compensation for "unfair competition" plus 60 million euros in interest. AMI had been seeking 551 million euros in compensation.
Shoppers could face higher prices for phones, laptops and other gadgets next year, manufacturers and analysts warn, as AI data centres hoover up memory chips used in consumer electronics.
Asian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut. "There's been a lot of talk about an AI bubble," he told an earnings call.
Economy
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