Dr Iliyasu Abubakar Sadiq, a lecturer and researcher at Division of Agricultural Colleges, Ahmadu Bello University (ABU), Zaria, was kidnapped from his farmhouse.
Naira weakens to N1,328.50 at official market as dollar demand rises; reserves hit $54.808bn and Brent tops $102 amid global rate and geopolitical pressures.
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a hypersonic missile on Ukraine and Washington sanctioned a key Russian bank. The latest lurch lower came hours after Russian President Vladimir Putin said Moscow had fired a new generation hypersonic missile at Ukraine.
A lawsuit by Wirecard investors claiming 750 million euros ($780 million) in compensation over the German payment company's collapse in a 2020 fraud scandal had its first hearing on Friday. Some 8,500 investors are hoping to rake back some of the money they lost when it was revealed Wirecard had a two-billion-euro hole in its accounts.
According to the FMDQ Exchange, the naira depreciated against the dollar in October 2024 as the forex market remained volatile during the period of time.
Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage. Irish no-frills carrier Ryanair, which was the first to start charging extra for hand luggage in November 2018, was slapped with the biggest fine of 107.8 million euros.
The Nigerian naira has bounced back after several days of depreciation in the official and parallel markets. It traded at N1,658.99/$ on Thursday, November 21, 2024
German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds. The growth data laid bare how far Germany is lagging behind other major economies.
The African Development Bank has added more Nigerian states to its agricultural fund programme, which aims to boost food security and support development in Nigeria.
Following a recent shift in the CBN monetary policy, 19 deposit money banks are now offering their customers an interest rate of 8.18 percent on their deposits.
With a general election next week, Ireland and its 5.4 million inhabitants fear finding themselves in the eye of a protectionist storm promised by incoming US president Donald Trump. - Stewart, from Trinity College Dublin Business School, described the looming Trump presidency as "a matter of concern" but said "not to panic at this stage".
Economy
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