The Nigerian currency has continued its upward climb against the dollar in official and parallel markets, closing at N1,527 and N1,565 per dollar, respectively.
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FG mandates content creators, social media influencers to obtain approval before running ads
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Traders lament as demand for rice remains low, even as prices crash by N22,000
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What is the state of play with Trump's tariffs?
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Where do trade talks stand in the rush to avert higher US tariffs?
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Lagos state government seals Purple Mall, launches investigation into death of young man
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Air tickets to crash as FG speaks on implementing Single African Air Transport Market
Nigeria urges rapid implementation of the Single African Air Transport Market (SAATM) to enhance regional air connectivity and reduce travel costs across Africa.
US Fed proposes easing key banking rule
The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help facilitate Treasury market trading. She argued that it reduces the chance of "market dysfunction and the need for the Federal Reserve to intervene in a future stress event."
Court rejects EDF complaint over Czech nuclear tender
A Czech court on Wednesday rejected a complaint filed by French energy group EDF over the bidding process that saw it lose out on a multibillion-dollar contract to build two additional reactors at a Czech nuclear plant. In the rejected complaint, EDF questioned the transparency of the bidding process.
EU probes Mars takeover of Pringles maker Kellanova
The European Union on Thursday said it had launched an antitrust investigation into Mars' multibillion dollar acquisition of snack food business Kellanova over concerns it could lead to higher prices for consumers.
Training begins as FG prepares to deploy corps members to wards for NIN enrolments
The National Identity Management Commission (NIMC) will be working with corps members to facilitate the enrolment of every Nigerian before the end of 2025.
Mexico president threatens to sue over SpaceX rocket debris
Mexican President Claudia Sheinbaum on Wednesday threatened legal action over falling debris and contamination from billionaire Elon Musk's SpaceX rocket launches across the border in the United States. Last week, a SpaceX Starship rocket exploded during a routine ground test at the Starbase headquarters of Musk's space project on the south Texas coast near the Mexican border.
CBN adjusts import duty rate slightly as naira strengthens in official market
The Central Bank of Nigeria (CBN) has slightly tweaked the Customs import duty rate for cargo clearance following the relative stability of the naira.
Trump says 'three or four' candidates in mind for Fed chief
US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve Chair Jerome Powell, whom he sharply criticised for his handling of the world's top economy. On Tuesday, Powell said the world's top central bank needed to see the impact of Trump's tariffs before deciding on further rate cuts.
Lagos state govt begins enforcement, seals Timeless Beach, Iceland Beach, 180 buildings
Lagos State Government is on a major enforcement exercise and has sealed Timeless Beach, Iceland Beach, and 180 buildings. The Commissioner explained why.
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