Deeper Christian Life Ministry denies viral claims linking Pastor Kumuyi to anti-US remarks and genocide denial, urging media to retract false reports.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
Mr. Adewole commended the government for capping agent fees at 10%, as it has been successfully implemented in the past. He spoke more on the reporting channels.
The Central Bank of Nigeria (CBN) has introduced a draft Baseline Standard to automate anti-money laundering and counter-terrorism financing processes.
The Nigerian currency, the naira continued its rise against the dollar in all foreign exchange markets on Wednesday, May 21, 2025, closing at N1,582.50 per dollar.
As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. - AI ad tools too - Google announced it is making AI tools available to streamline the creation of online ads, mirroring similar initiatives by Facebook-owner Meta, Google's primary rival in online advertising.
EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring. Over a quarter of the 27-nation bloc's imports of nitrogen-based fertilisers come from Russia, with more entering from Moscow ally Belarus -- which the European Commission now seeks to bring to an end.
Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit.
President Donald Trump said Wednesday he was considering selling off US mortgage-backing giants Fannie Mae and Freddie Mac almost two decades after they were brought under government control during a global financial crisis.
Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their baggage fees. They say that the fees and policies imposed by the airlines breach European Union aviation regulations and European Court of Justice rulings.
The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker. Ive and his team will take over design at OpenAI as part of an acquisition of his startup named "IO" valued at $6.5 billion.
Economy
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