Wole Soyinka urges caution on foreign aid in Nigeria, visits Benue IDP camps, and backs Alia as he clarifies comments on killings and ongoing insecurity.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
The Los Angeles wildfires drove insured natural disaster losses in the first half of the year to their highest level since Japan's Fukushima disaster in 2011, German reinsurance giant Munich Re said Tuesday. Insurers took almost $80 billion (69 billion euros) of losses from natural disasters worldwide, Munich Re said, the second-highest hit since 1980.
Spotify saw paying subscribers rise 12 percent to 276 million customers in the second quarter of 2025, the world's top music streaming service said on Tuesday, though profits fell below expectations. The below-expectation profit announcement comes as the streamer has found itself at the centre of the debate over music generated by artificial intelligence.
The European pharmaceutical industry said Tuesday that it remained concerned a EU-US trade deal reached at the weekend does not provide certainty for critical sector. The EFPIA trade association for the European pharmaceutical industry said it was monitoring announcements on the details of the deal "as key implications for the pharmaceutical sector remain uncertain".
The federal government, through the National Directorate of Employment (NDE), has announced the second phase of the Renewed Hope Employment Initiative (RHEI)
Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time. The 90-day truce is meant to end on August 12.
British bank Barclays posted on Tuesday second quarter profits that beat expectations as traders benefitted from volatility in global markets caused by US President Donald Trump's tariff blitz. The bank said the boost to its global markets income reflected "continued support provided to clients through a volatile market environment".
Dutch medical equipment manufacturer Philips said Tuesday that the impact of US tariffs would be much less than it initially estimated, sending its share price surging. It said Tuesday it now expects between 150 and 200 million euros impact from US tariffs this year.
Dubai International Airport welcomed a record 46 million passengers in the first half of this year, authorities said on Tuesday, despite disruptions due to the Iran-Israel war The facility marked its busiest first half on record with a 2.3 percent year-on-year growth, Dubai Airports said in a statement, "despite temporary regional airspace disruptions in May and June".
Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.
Economy
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