A Kwara church attack survivor has revealed what terrorists told him and 37 other abductees while held in the forest. Nigeria currently has a security problem.
The Federal Inland Revenue Service (FIRS) has reacted to concerns raised by former Vice President, Atiku Abubakar, over the appointment of XpressPay.
Italy's government on Wednesday approved a controversial 13.5-billion-euro ($15.6-billion) project to build what would be the world's longest suspension bridge connecting the island of Sicily to the mainland. Italian politicians have for decades debated a bridge over the Strait of Messina, a narrow strip of water between the island of Sicily and the region of Calabria, at the toe of Italy's boot.
German broadcasting giant ProSiebenSat.1 recommended Wednesday that its shareholders accept an improved takeover offer from Italy's MediaForEurope group, majority-owned by the family of late former prime minister Silvio Berlusconi.
Britain's advertising regulator on Wednesday banned two adverts by Spanish clothing group Zara for featuring models that appeared "unhealthily thin", calling the images "irresponsible". Another featured a model who looked "slightly gaunt" owing to a slicked-back hairstyle and that the lighting and clothing made her appear "noticeably thin", the ASA said.
About 32 Nigerian states recorded no foreign direct investments in 2024, as capital importation rose to $5.4bn, data from the National Bureau of Statistics said
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, Swiss Re said Wednesday.
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy struggles with prolonged domestic weakness and volatile US trade policy. Orders from abroad fell three percent, with a particularly heavy drop from countries outside the eurozone, while domestic orders increased slightly.
Danish pharmaceutical giant Novo Nordisk posted a sharp rise in second-quarter net profit Wednesday, but rising competition is weighing on sales of its diabetes and obesity treatments Ozempic and Wegovy in the United States. But it now faces growing competition from rival treatments made by US group Eli Lilly in United States.
Since the start of US President Donald Trump's global trade war, Taiwanese orchid grower Lee Tsang-yu has watched tariffs on his seedlings shoot from nothing to 20 percent. Until now, most growers have been absorbing the cost of the 10 percent tariff that Trump slapped on nearly every trading partner in April, said Ahby Tseng, 53, secretary-general of the Taiwan Orchid Growers Association.
Hong Kong's Cathay Pacific said Wednesday it would place a US$8.1-billion order for 14 Boeing jets, its first order with the American aircraft maker for 12 years. The airline has "exercised the purchase rights... to purchase 14 Boeing 777-9 aircraft; and... secured the right to acquire up to seven additional Boeing 777-9 aircraft", it said in a filing to the Hong Kong stock exchange.
Economy
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