El-Rufai said governors’ defections did not sway voters, insisted Nigerians were turning to the ADC, and urged unity as youths faced unemployment and insecurity.
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
An independent appeals body tasked with resolving disputes between social media platforms and EU users on Wednesday criticised a lack of cooperation from digital platforms, especially YouTube. A YouTube spokesperson countered that "ACE has not put in place the privacy safeguards necessary for us to share the user data they need to resolve disputes about content moderation decisions".
The EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the bloc's industry chief Stephane Sejourne told the sector on Wednesday, mirroring US moves.
The Nigerian foreign exchange experienced a massive dollar inflows, which hit almost $1 billion, leading to the naira crossing the N1,500 per dollar barrier.
Thousands of Greek workers prompted large-scale disruption during a 24-hour general strike on Wednesday, protesting against the conservative government's plans to introduce a 13-hour work day. - Fragile economy - The bill, which has not yet been submitted to parliament, allows staff to work 13 hours a day for the same employer under exceptional circumstances, for extra pay.
A Spanish court opened a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media organisations against Facebook owner Meta for allegedly breaching European Union data protection rules. Spanish radio and television stations have launched a separate lawsuit against Meta for the same reasons, seeking 160 million euros in damages.
The chairman of the Federal Inland Revenue Service (FIRS), Zaach Adedeji, has revealed that the Nigerian government has exempted three new sectors from VAT.
Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil. More than 70 percent of the island's exports to the United States are information and communications technology, which includes chips, the cabinet said in a statement Wednesday.
When Prime Minister Narendra Modi declared India's "late entry" into the global semiconductor race, he pinned hopes on pioneers such as Vellayan Subbiah to create a chip innovation hub. - 'More complicated'- Modi this month said that "20 percent of the global talent in semiconductor design comes from India".
Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington failed to reach a deal to avert a government shutdown. Gold, a go-to in times of turmoil and uncertainty, was hovering just below its record high of $3,871.72 owing to a weaker dollar, bets on lower borrowing costs and worries about the impact of the shutdown.
Economy
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