The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund
The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund
Japan's defence ministry is aiming for a major boost to its drone arsenal as part of another record spending request made Friday to deal with a "severely intensifying security environment". But the new budget increase reflects the "severely intensifying security environment" around Japan, a defence ministry official told reporters in Tokyo on condition of anonymity.
Asian markets were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records. Modest gains on Wall Street came after an upward revision to US GDP for the second quarter and bumper results from AI chip giant Nvidia.
Far above Kabul, the cash-strapped Taliban government has located a potentially lucrative revenue stream: Afghanistan's airspace. Against such economic headwinds, the airspace revenue stream "is helpful for the cash-strapped current administration", said Sulaiman Bin Shah, former deputy minister of industry and commerce in the ousted government and founder of the Catalysts Afghanistan consultancy.
India once united US policymakers like few issues. US policymakers have long skirted around India's sensitivities on Kashmir and sought to contain fallout from disagreements on other issues.
Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and concealed billions of dollars in illicit earnings in cahoots with financial companies. Brazilian police released images of a mass deployment of officers in Sao Paolo's Faria Lima Avenue Thursday, where many financial institutions are headquartered.
Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty caused by US President Donald Trump's tariffs. The carmaker, which is majority owned by Chinese auto giant Geely, has several sites in the UK, including its headquarters in Hethel, eastern England.
An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's biggest economy, with businesses halting shipments to American consumers and mulling price hikes. Massicotte said: "This tariff war is just going to hurt the American and the Canadian consumer, especially small business owners." bys/bgs
US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump's move to fire her from her position -- as the president intensified pressure on the independent central bank.
The naira rebounded in the foreign exchange markets, from N1,537.60 to N1,537.07 per dollar on Wednesday, August 27, 2025, amid foreign reserves.
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