It was a dramatic turn of event as some religious leaders staged protest over the performance of the FCT Minister, Nyesom Wike, amid workers strike and agitations.
Naira appreciates to ₦1,401.22 per dollar, buoyed by improved liquidity and rising reserves, despite global oil prices softening, signalling renewed confidence.
A nickel stockpile towers over farmer Moharen Tambiling's rice paddy in the Philippines' Palawan, evidence of a mining boom that locals hope a new moratorium will tame. For some in Palawan, the demand for nickel to power EVs has a certain irony.
A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many are still scrambling to reach a deal that would protect them from the worst. This week, EU trade chief Maros Sefcovic is in Washington in a push to seal a trade deal, with the EU commission having received early drafts of proposals that officials are working on. bys/sla
Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the second quarter on Tuesday as consumers fast-forwarded purchases ahead of US tariffs.
The Lagos state ban targets plastic materials below 40 microns, because they pose major environmental threats, clog the drainage channels and pollute the ecosystem.
The French football league (LFP) announced on Tuesday the creation of its own channel to broadcast Ligue 1 matches next season, after clubs voted in favour of ending a deal with DAZN. An agreement was struck for a "TV and digital platform entirely dedicated to Ligue 1" following a meeting of club presidents, the LFP's board of directors and representatives of its commercial arm, LFP Media.
In a move to support the federal government's project and transition Nigeria to cleaner, safer energy, BUA group has partnered to distribute free cylinders.
More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing countries' ballooning debt, but deciding how is proving more divisive.
The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse. Credit Suisse, Switzerland's second-biggest bank, was among 30 international banks deemed too big to fail due to their importance in the global banking architecture.
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech tycoon and strip federal funds from his businesses for criticizing Trump's flagship spending bill. And he has pledged to fund challengers against lawmakers who campaigned on reduced federal spending only to vote for the bill.
Economy
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