The Nigerian currency has maintained its pressure on the dollar for the fifth consecutive day, with the Central Bank of Nigeria releasing a new exchange rate.
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Limited time to apply: Lagos state begins 2025 recruitment into civil service, releases link and criteria
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Nigeria makes history as firm unveils first-ever Nigerian container ship, maps Out new route
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Traders lament as demand for rice remains low, even as prices crash by N22,000
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FG mandates content creators, social media influencers to obtain approval before running ads
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French finance minister calls trade war 'idiotic', plans US trip
France's Finance Minister Eric Lombard called the escalating US-EU trade war "idiotic" on Friday and said he would soon travel to the United States after Washington threatened huge tariffs against French wine and champagne. "By doing this, the United States is hurting itself," Lombard said, describing what he called an "idiotic war".
Oyedele shows how Lagos state can double tax revenue by taxing skit makers, content creators, others
Oyedele pointed out that the government was missing out a lot of tax revenue from digital entrepreneurs like content creators, skit makers and others.
Illegal charter operations: FG moves to shut down private hangars
The illegal charter operations across these hangars constitute major security threat to the nation, as they are used for criminal purposes outside the govt radar.
Taiwan tech giant Foxconn's 2024 profit misses forecasts
Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets underperformed, although demand for its artificial intelligence servers remained robust. Apple said recently it would team up with Foxconn later this year to begin producing servers that power the cloud components of Apple Intelligence in Houston, Bloomberg reported.
UK economy unexpectedly shrinks in January in blow to govt
Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy. The data provides a fresh blow to the government and Prime Minister Keir Starmer, who has put growing the UK economy at the top of his mission since Labour won a general election in July.
UniCredit gets ECB nod for Commerzbank stake
Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 percent of Commerzbank, opening the door to a possible takeover of its German rival.
BMW warns on tariffs, China as 2024 profits plunge
German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China after reporting a plunge in profits last year. The Munich-headquartered group joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market China.
East DR Congo mines mint Rwanda-backed M23's fortune
Mine shafts snake under the eastern Democratic Republic of Congo's mountains, but instead of the Congolese government their rich veins are making a mint for the Rwanda-backed M23. - 'Forced labour' - Sources close to the Congolese government accuse Rwanda of leading a war for control of the region's particularly fertile agricultural land.
Meta tests 'Community Notes' to replace fact-checkers
Social media giant Meta on Thursday announced it would begin testing its new "Community Notes" feature across its platforms in the United States next week, as it shifts away from third-party fact-checking toward a crowd-sourced approach to content moderation.
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