It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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Trump says will 'take a look' at deporting Musk
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CBN boosts dollar supply, naira strengthens in official and parallel markets
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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UK govt faces major rebellion in welfare vote
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FG invites Nigerians to apply for N50k for their business, releases link
Economy Latest News
What are reciprocal tariffs and who might be affected?
US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this "the only fair way" to trade. And on Sunday, he said he would make a detailed announcement on the tariffs on Tuesday or Wednesday, adding that "every country will be reciprocal."
AI feud: How Musk and Altman's partnership turned toxic
The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to becoming one of the world's most important companies.
US inflation fight to take time in 'highly uncertain' environment: Fed official
The US Federal Reserve is in a strong position to weather the "highly uncertain" economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday.
Ford CEO says Trump policy uncertainty creating chaos
The Trump administration's tariff threats and animosity towards electronic vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive said Tuesday. But "so far what we're seeing is a lot of cost and a lot of chaos," he said.
US Fed chair says in no rush to tweak interest rate policy
Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country's economy maintains resilient growth and a relatively strong labor market.
Altman says OpenAI 'not for sale' after Musk's $97 bn bid
Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk. The Wall Street Journal reported late Monday that Musk, a co-founder of OpenAI, had made his $97.4 billion offer to the board.
US farmers say Trump let them down with spending freeze
US farmers caught up in President Donald Trump's short-lived attempt to freeze all federal funding descended on Congress Tuesday to demand answers after grants to their politically influential sector were paused.
High demand for naira: Banks borrowing from CBN increases to N4.7 trillion as deposits crash
A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, as deposits crash within the period.
Galeries Lafayette owner Ginette Moulin dies aged 98
The majority owner of the emblematic Parisian department store Galeries Lafayette, Ginette Moulin, has died aged 98, the company told AFP Tuesday. She was "a committed benefactor and a patron of artists who believed in the power of culture and creativity," the Galeries Lafayette said about her Tuesday.
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