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
Economy Latest News
Lawmakers Approve Tax Reform Bill, modify VAT charge, sharing formula
The lawmakers considered the recommendations clause-by-clause, after the committee chairman James Falake moved the motion. Two sections were altered.
Sweden to hold talks on countering soaring food costs
Sweden's government said Thursday it will hold talks with food producers and distributers as a consumer movement over soaring costs in the Nordic country gains traction.
EU, US eye greater energy ties amid Trump frictions
European and US policy makers are eyeing deeper ties around natural gas even as trade conflict boils and President Donald Trump challenges the long-running transatlantic alliance. Some Europeans are privately discussing "why should I trade reliance on Vladimir Putin for reliance on Donald Trump?"
UK police extend North Sea crash captain's detention
The captain of a cargo ship that struck a tanker and sparked a massive blaze in the North Sea will be held in custody for a further 36 hours, UK police said Thursday. "An extension has been granted by the magistrates' court to detain the man in custody for a further 36 hours," said Craig Nicholson of Humberside Police.
Donatella Versace to give up creative reins of brand after 28 years
Donatella Versace will end nearly 30 years as creative director of fashion label Versace, handing the reins of the flashy luxury brand to Miu Miu's Dario Vitale, the brand's owner said Thursday. Miu Miu's retail growth soared 93 percent last year.
Lagos takes new position in ranking of Africa's economy as Dangote Refinery pushes GDP up
Lagos state, though the smallest in landmass in Nigeria, is host to many multinationals and thriving businesses, including the Dangote Refinery that started in 2024.
New corruption scandal roils EU parliament
A new graft scandal rocked the European Parliament on Thursday after police carried out several raids in Belgium and Portugal, detaining multiple suspects as part of a probe into corruption masqueraded as lobbying. About 100 police officers took part in the operation that saw a total of 21 searches conducted across Belgium and in Portugal, it added.
Germany's Merz urges MPs to back spending bonanza in fiery debate
Germany's likely next leader Friedrich Merz said Thursday urgent action was needed to boost the country's under-resourced military and ailing economy, as he defended plans for a spending bonanza during a fiery parliamentary debate.
Trump threatens 200% tariff on wine, champagne from France, other EU countries
US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey.
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