Several officials and agencies were linked to an alleged coup plot in Nigeria, with arrests, raids, and financial trails sparking national concern.
The Nigerian government has announced a new date to disburse the $2.5 billion Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) fund.
Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". The comments sent oil prices spiking more than four percent Tuesday on fears an escalation of the conflict could hammer supplies from the crude-rich region.
Since the United States accused Vietnam of being a hub for counterfeit goods, Tran Le Chi has found it increasingly hard to track down her favourite fake Chanel T-shirts, Gucci sunglasses and Louis Vuitton handbags.
The US central bank is expected to hold interest rates steady Wednesday after its key policy meeting, as officials gauge the impact of tariffs on inflation -- and despite President Donald Trump's calls for rate cuts.
Mizan Hossain fell 10 metres (33-foot) from the top of a ship he was cutting up on Chittagong beach in Bangladesh -- where the majority of the world's maritime giants meet their end -- when the vibrations shook him from the upper deck.
At least two dozen flights to and from the Indonesian resort island of Bali have been cancelled, its international airport website showed Wednesday, after a volcano in the archipelago's east erupted, shooting an ash tower 10 kilometres into the sky.
EU Commission Chief Ursula von der Leyen on Tuesday said surging energy prices have reduced the urgency to slash the price cap on Russia's global oil exports. The current $60 cap "had little effect, but in the last days, we have seen that the oil price has risen [and] the cap in place does serve its function," von der Leyen told reporters on the sidelines of the G7 meeting.
The Corporate Affairs Commission (CAC) has listed new service fees for its service. This move affects business owners, lawyers and others who use their services.
The Nigerian currency has depreciated in the foreign exchange market on Tuesday, June 17, 2025, after a positive outing on Monday, June 16, 2025.
US President Donald Trump said Tuesday that the European Union had yet to offer a "fair deal" on trade, as Washington negotiates tariff agreements with friends and foes alike. Trump imposed a blanket 10 percent tariff on most US trading partners and unveiled higher individual rates on dozens of economies, including India and the European Union -- although he swiftly paused the elevated rates.
Economy
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