Sheikh Gumi condemns US airstrikes in Nigeria, warning of deepening insecurity and calls for halting military cooperation amid fears of sovereignty erosion.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
The naira experienced mixed trades in the official and black markets following renewed volatility, resulting in the depreciation of the local currency at NFEM.
German business sentiment fell to its lowest level in seven months in December, a survey showed Wednesday, with Europe's beleaguered top economy set to end the year on a gloomy note. In the Ifo poll, which surveys about 9,000 businesses every month, sentiment in the crucial manufacturing sector slipped as companies reported worse expectations for the future.
Asian equities fluctuated on Wednesday as mixed US jobs data did little to boost expectations for another interest rate cut next month, while oil rallied after Donald Trump ordered the blockade of "sanctioned" Venezuelan tankers.
US President Donald Trump announced Tuesday a blockade of "sanctioned oil vessels" heading to and leaving Venezuela, sharply escalating his pressure campaign against Caracas while issuing new demands for the country's crude. "Today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela," Trump wrote on his Truth Social platform Tuesday evening.
Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful, the streaming service's chief executive Ted Sarandos said in an interview Tuesday in Paris.
Pfizer signaled Tuesday it expects a challenging 2026 as it invests in new products to offset declines in Covid-19 revenues while limiting shareholder payouts. The drugmaker expects a drop of $1.5 billion in 2026 revenues tied to lower Covid-19 sales and the decline of another $1.5 billion from products experiencing a loss of exclusivity.
French lawmakers on Tuesday adopted a social security budget, which includes the suspension of an unpopular pension reform, as Prime Minister Sebastien Lecornu races to finalise a 2026 spending plan by year-end.
The last car rolled off the production line at a Volkswagen site in Dresden on Tuesday, marking the first time in company history that it has stopped production at a German factory as cost cuts bite.
The naira rebounded in the foreign exchange market after the Central Bank of Nigeria (CBN) injected $250 million to prop up the local currency's value.
Economy
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