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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White House says Canada 'caved' to Trump on tech tax
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EPA employees accuse Trump administration of 'ignoring' science
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US judge orders Argentina to sell 51% stake in oil firm YPF
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FG invites Nigerians to apply for N50k for their business, releases link
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FG rolls out nationwide livestock empowerment programme, targets 1000 youths per state
Economy Latest News
Sweden to boost defence spending $30 bn over a decade
Sweden will increase defence spending by about 300 billion kronor ($30 billion) over the next decade, the prime minister said Wednesday, calling it the nation's biggest rearmament push since the Cold War.
Apple says Indonesia iPhone sales ban ends in April
Teach giant Apple announced on Wednesday the iPhone 16 will be available in Indonesia from next month, indicating the sales ban in Southeast Asia's biggest economy had been lifted. Despite the ban on iPhone sales in Indonesia, the government had allowed the devices to be brought in if they were not being traded commercially.
US may miss out on green tech boom: Germany
Europe must seize on the "huge economic opportunities" offered by the green technology boom, Germany said Wednesday -- adding it was up to the United States if it decided to miss out. "Climate protection opens up huge economic opportunities, and we as Europeans want to seize them", she added.
China drinks chain Mixue profits spike 40% in 2024
Chinese drinks company Mixue Group, which has surpassed McDonald's and Starbucks in store count to become the world's largest food and beverage chain, reported a spike in profits on Wednesday as it laid out further expansion plans.
CBN speaks on next plan to fight speculators as naira depreciates
The CBN governor said the central bank remains dedicated to maintaining discipline in the country's fx market by identifying and eliminating dishonest participant
First Bank loses as Court dismisses case against General Hydrocarbons
The court held that by filing the suit, First Bank of Nigeria was seeking to do precisely what it was prohibited from doing in an earlier court order.
China chip insiders eye stronger global ties despite trade tensions
Industry insiders at a semiconductor trade fair in Shanghai urged more cooperation between the Chinese chip sector and the rest of the world, despite growing trade tensions with Washington. Xiao, whose company sells chip-making equipment, said he still believed that "in the future we may need cooperation across the global industrial chain".
Construction projects to halt as cement prices increase again despite FG directives to crash costs
Following the meeting in February, the cement manufacturers agreed to crash the prices, and even reduced the price to N9,000 in a show of good faith.
Fuel price: Cost of transportation rises, leaves many Nigerian families with little for food
Nigeria's households are facing a rising cost of living, leaving them with difficult decisions following the rise in petrol prices and transportation costs.
Economy
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