The Nigerian currency has continued its upward climb against the dollar in official and parallel markets, closing at N1,527 and N1,565 per dollar, respectively.
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FG mandates content creators, social media influencers to obtain approval before running ads
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Traders lament as demand for rice remains low, even as prices crash by N22,000
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What is the state of play with Trump's tariffs?
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Where do trade talks stand in the rush to avert higher US tariffs?
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Lagos state government seals Purple Mall, launches investigation into death of young man
Economy Latest News
US consumer inflation cools slightly as tariff worries flare
US consumer inflation inched lower in February according to government data Wednesday, in the first full month of Donald Trump's White House return -- but concerns remain over stubborn price growth as jitters flare over the president's trade policies. The consumer price index (CPI) came in at 2.8 percent last month from a year ago, down from 3.0 percent in January, said the Department of Labor.
EU hits back hard at Trump tariffs to force dialogue
The EU put on a quick show of force Wednesday against sweeping new US steel and aluminium tariffs, striking back with countermeasures that seek to hurt the United States and force it to the negotiating table. They will target US states controlled by Trump's Republican Party as well as goods that the EU believes will hurt American businesses enough to force the president to row back.
Marketers beg FCCPC, NMDPRA to stop Dangote, NNPC from reducing fuel price
The marketers explained that the sudden price cuts from big players like the NNPCL and Dangote Petroleum Refinery is harmful to the small players in the industry.
Full list of Nigeria’s largest trading partners in 2024, China, India lead
Data from the National Bureau of Statistics (NBS) shows that China, India, Belgium, the US, and France emerged as Nigeria's top five trading partners in Q4 2024.
Battery maker Northvolt files for bankruptcy in Sweden
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday. The battery maker stressed that in its attempts to secure financing it had found "significant traction with potential partners and interest from investors".
FG offers support to set up CNG pumps in every fuel station
In the drive to cleaner energy, the federal government is out to ensure that every filling station has a CNG pump, and has detailed how the support will be offered.
German arms firm Rheinmetall seizes on European 'era of rearmament'
German arms manufacturer Rheinmetall said Wednesday moves by European capitals to up their defences and reduce their reliance on the United States were an unprecedented growth opportunity for the group. In Germany, the country's likely next chancellor Friedrich Merz has urged Europe to develop independence from the United States in defence and looked to up Berlin's military efforts.
AI chatbot helps victims of digital sexual violence in Latin America
Two women from Mexico and Ecuador who spent years fighting to be recognized as victims of online sexual violence have inspired an artificial intelligence chatbot that helps others facing abuse. - Legal advances - The two women began fighting for digital sexual abuse to be recognized as a crime in their countries, both with success.
Up to £300k salary: UK needs skilled workers from Nigeria, others to apply for 15 high-paying jobs
In order to address the severe shortage of jobs in many industries in 2025, the UK has declared that it is aggressively looking for skilled recruits.
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