Tinubu ordered Defence Minister Matawalle to relocate to Kebbi after 24 schoolgirls were abducted, citing his past experience, and postponed foreign trips.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
A rail line linking two northern Czech towns is testing Europe's first driverless train operating in an open environment, its developer told AFP on Tuesday. He added Edita was the first driverless train in Europe in an open environment with level crossings and where animals might get in the way.
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while businesses grappled with President Donald Trump's tariffs on allies and competitors alike. The June deficit narrowed on the back of a fall in imports, by 3.7 percent to $337.5 billion, while exports also dropped by 0.5 percent to $277.3 billion.
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled as soon as the coming week, as he presses on in efforts to reshape global trade. The US president told CNBC that upcoming tariffs on imported pharmaceuticals could reach 250 percent, while adding that he plans for new duties on foreign semiconductors soon.
Governor Alia seeks partnership with the federal government for economic growth in Benue, targeting solid minerals, agriculture and infrastructure development.
Switzerland's president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine country. "For this reason," the president and the economy minister "are to travel to Washington on Tuesday".
New car sales in Germany posted a big rise in July, official data showed Tuesday, but analysts warned against sounding the all-clear for Europe's top auto market. BYD sold 1,126 cars in Germany in July 2025, the KBA figures showed, a rise of almost 400 percent year-on-year and more than the 1,110 that Elon Musk's Tesla managed.
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its cost-savings targets as US tariffs hit. Its annual profit was hit also by restructuring costs and impairment charges.
Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries gathered in Geneva on Tuesday to forge a landmark treaty on eliminating the life-threatening waste.
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs. As did oil giant Saudi Aramco, which on Tuesday announced its 10th straight drop in quarterly profits as a slump in prices hit revenues.
Economy
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