The federal government scrapped the policy on indigenous language instruction and declared English the medium of instruction across all education levels.
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.
Brazil said Thursday it has urged the EU to suspend the implementation of a ban on imports of products driving deforestation, describing the new rules as "punitive". Brazil said it considered the legislation "a unilateral and punitive instrument that disregards national laws on combating deforestation", adding it increased production and export costs especially for smallholders.
UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine-percent stake in its German rival.
An Irish regulator helping to police European Union data privacy on Thursday launched an investigation into Google's artificial intelligence development. The Irish regulator said that its inquiry "concerns the question of whether Google has complied with any obligations that it may have had to undertake" under the EU's strict General Data Protection Regulation (GDPR).
The Dangote Refinery is set to start selling petrol to Nigerians, with NNPC Limited as the first sole buyer, raising questions about pricing adjustments.
FG has revealed that $900 million had been subscribed for Nigeria's first-ever domestic bond denominated in a foreign currency during an important discussion
Major Japanese and American business groups have urged US Treasury Secretary Janet Yellen not to succumb to political pressure when reviewing Nippon Steel's proposed acquisition of United States Steel.
The Ministry of Art, Culture and the Creative Economy has presented the $100 billion Creative Economy Growth Plan, asking the private sector to invest.
Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without. When the special military operation ends, prices will return to normal," he told AFP in Moscow, using the official Russian term for the offensive.
With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves. The Frankfurt-based central bank made its first cut in June, reducing the key deposit rate to 3.75 percent from a record high of four percent.
Economy
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