It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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Trump says will 'take a look' at deporting Musk
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CBN boosts dollar supply, naira strengthens in official and parallel markets
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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UK govt faces major rebellion in welfare vote
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FG invites Nigerians to apply for N50k for their business, releases link
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Trump, Canada PM ease tensions with 'productive' call
US President Donald Trump said he had an "extremely productive" first call Friday with Canada's new Prime Minister Mark Carney, after soaring tensions over tariffs and Trump's repeated calls to annex his northern neighbor. His post on Friday was notable for its diplomacy, as Trump gave Carney his official title of prime minister and made no reference to his annexation drive.
US 'in arrears' at the WTO
The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday. Washington has also not yet paid its dues for 2025, though contributions from the WTO's 166 members often do not come in until mid-year.
US Fed's preferred inflation gauge shows some cause for concern
The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose. Personal income increased by 0.8 percent last month, according to the Commerce Department data published Friday.
Cuba resurrects dollar-only stores, a symbol of inequality
In communist Cuba, some customers are more equal than others, as a 40-year-old math teacher who was out shopping recently in Havana with his son discovered. But "we had barely put a foot inside when they told me it (payment) was in dollars," Michael, the teacher, who declined to give his surname, told AFP. "Let's go, this isn't for us," he told his son, making a beeline for the door.
Germany says 'nothing off table' in US tariff row
Germany said Friday it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate, warning: "Nothing is off the table." "At the moment (the EU) still hopes and aims to reach an agreement in talks with the United States that can possibly avert a trade war," he said in Berlin.
IMF appoints Tony Elumelu, others to advisory council on entrepreneurship
Tony Elumelu will work closely with other global business leaders, policymakers, and academics, to identify and proffer solutions to barriers to entrepreneurship.
Fidelity Bank explains why it flagged suspicious transfer, denies bribery allegations
The earlier report claimed that the bank had withheld the customer's remittance, and that the operations manager at the UNIBEN branch had demanded bribe.
CBN releases new exchange rates as naira falls again in official window, appreciates in black market
The Nigerian currency, the naira, depreciated again in the Nigerian Foreign Exchange Market (NFEM) and gained in the parallel segment of the FX market.
No 'spring revival' for Germany as unemployment rises
Germany's unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no "spring revival" was in sight for Europe's ailing top economy. The latest weak data highlights the huge challenge for Germany's next government, which is expected to be led by conservative election winner Friedrich Merz, when it comes to reviving the economy.
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