Amid the controversial Christian persecution claim by President Donald Trump and threats of US military invasion, Primate Elijah Ayodele on Tuesday spoke out.
FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on Nigerians, small businesses, and supporting low-income earners.
In response to the latest price cut from the Dangote Refinery, independent petrol marketers have formed an alliance that will help them minimise their losses.
The Nigerian currency has reversed its losses against the dollar in the official foreign exchange market, gaining N5 in the official window on May 2, 2025.
In this period, the price of global crude oil prices dropped and there were zero recorded domestic sales. See what earned Nigeria over N800 billion in oil revenue.
A US federal judge on Monday cancelled the planned trial of US aviation giant Boeing over crashes of its 737 MAX aircraft that left nearly 350 people dead. The case dates to a January 2021 Justice Department agreement with Boeing that settled charges that the company knowingly defrauded the Federal Aviation Administration during the MAX certification.
The dramatic collapse of Switzerland's Birch glacier, which wiped out a village, is an unprecedented disaster likely to cost hundreds of millions of dollars, the Swiss Insurance Association said Monday. On Wednesday, the Birch glacier collapsed, sending scree, ice and mud hurtling down into the Lotschental valley in Switzerland's southern Wallis region.
Tesla sales have rebounded in Norway this year, official figures showed Monday, bucking a broader European trend as consumers turn away from Elon Musk's electric car brand. "Looking at Tesla sales in Norway in May and for the year so far, we stand out from the rest of Europe, where sales of this brand have seen a noticeable decline," OFV director Oyvind Solberg Thorsen said in a statement.
Amazon's pricing rules are an abuse of its market power, Germany's competition watchdog said Monday, paving the way for possible demands for changes to its business practices in Europe's biggest economy. Germany's cartel office began investigating Amazon's pricing rules in November 2022. vbw/sr/rl
The EU on Monday slapped German food delivery company Delivery Hero and its Spanish subsidiary Glovo with a fine worth 329 million euros ($376 million) after they violated antitrust rules. Delivery Hero will have to pay a fine worth 223 million euros, while Glovo must pay around 106 million euros, the commission said.
Stock markets and the dollar recoiled Monday after President Donald Trump announced he would double US tariffs on global steel and aluminium, and accused China of violating a deal to slash tit-for-tat levies. China on Monday said it "firmly rejects" US claims that it had violated a sweeping tariffs deal, as tensions between the two economic superpowers showed signs of ratcheting back up.
Economy
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