The Nigerian government has asked for the speedy implementation of the Presidential Food Coordinating Unit (PFSCU) to accelerate provision of N250bn loan to farmers
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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CBN crashes dollar with $29 million intervention in FX market
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Naira gains N37, experts warn dollar hoarders of big losses
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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Argentine peso depreciates after exchange controls lifted
Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years. "Everyone is waiting to see what happens," a trader told AFP. There are fears that loosening exchange controls could fuel inflation, which has dropped under Milei from 211 percent in 2023 to 118 percent last year.
China warns UK against 'politicising' steel furnaces rescue
Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to secure raw materials to keep the country's remaining steelmaking blast furnaces running. He added the government is "confident in securing the supply of materials needed" to keep running the two blast furnaces at the plant -- the last in the UK which makes steel from scratch.
FG speaks on alternative after US govt reacts to import bans on 25 products by Nigerian government
According to Dr. Dele Alake, Nigeria's Minister of Solid Minerals Development, U.S. tariffs may benefit African economies by encouraging intra-African trade.
Trump enforces 30-day rule for immigrants, announces more penalties: "Self-Deport now"
After deporting over 200 Nigerians from the US, the Department for Homeland Security is going after more foreign nationals, and has announced heavy penalties.
Naira depreciates further as oil prices drop below key levels amid global tariff tensions
With oil revenues falling and the naira under renewed pressure, economists are warning of deeper macroeconomic challenges ahead. Naira has depreciated again.
Good news for Nigerians as direct flight between Nigeria, Tanzania set to commence
Keep in mind that the government is also set to commence direct flights to other countries like Tunisia and Algeria, as part of measures to deepen bilateral ties.
UK govt races against time to keep steel furnaces running
Britain's government on Monday raced to secure raw materials to keep the country's last steelmaking blast furnaces running after passing emergency legislation to take control of British Steel. The Labour-run government must now secure the materials to keep the two blast furnaces at the plant -- the last in the UK which makes steel from scratch -- running.
Meta faces landmark US antitrust trial
Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors. Google is facing two cases and was found guilty of search-market dominance abuse last August, while Apple and Amazon are also heading to court.
FG's new law bans unregistered online forex platforms, others, details emerge
The SEC statement also issued a directive to businesses already operating in this space, or planning to set up an online foreign exchange trading platform.
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