President Bola Tinubu’s appointee, Reno Omokri, met Peter Gregory Obi in Abuja on Sunday, May 10, 2026. Omokri is a staunch critic of opposition leader Obi.
Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
The price of meat has increased in markets across the country just as the National Bureau of Statistics revealed that transportation cost increase again.
The return of Donald Trump and his protectionist agenda to the White House will likely rock US trade relations with the world, including Europe. The World Trade Organization deemed the tariffs illegal in 2021 but the United States has yet to follow the WTO ruling.
Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in China, where weak consumer spending has hit the luxury sector. Gucci owner Kering said its sales sank 15 percent in the same quarter due to slowing consumer spending in China.
Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits, a long-awaited decision some hope can bring credibility to a scandal-ridden sector. Observers say it is possible that the text laying out standards for the voluntary system could pass more easily than decisions covering country-to-country carbon trading.
Reforming Europe's economy is all the more urgent following Donald Trump's US election win, warned the author of a blockbuster report, Mario Draghi, ahead of talks Friday with EU leaders in Budapest on tackling the challenge. They have become even more urgent after the US elections," Draghi said.
Unfavourable weather has likely slashed France's 2024 wine harvest by 23 percent compared to the previous year, the agriculture ministry said in an estimate published Friday. If confirmed, the figure would also be a 17-percent drop on the average for the past five years.
Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the courtroom. - Reputation risk - The research done by NGOs like Finance Watch and Reclaim Finance evaluating bank lending in light of climate change is regularly used by media and has begun to tarnish their public image.
Sony's net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday but left its annual profit forecasts unchanged.
Singer Pharrell Williams is due to kick off one of Europe's biggest tech events on Monday, the Web Summit in Lisbon, with organisers keen to move on from last year's edition when several big firms pulled out. Google, Meta and a string of other firms pulled out of last year's event after Web Summit chief executive Paddy Cosgrave wrote social media posts accusing Israel of war crimes in Gaza.
Economy
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