President Bola Tinubu’s appointee has revealed why Nigerian star Victor Osimhen will not receive the MON national honour, even as his teammates are recognised.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit automakers said Thursday. The Detroit companies organized their supply chains around the 2020 US-Mexico-Canada Agreement (USMCA), which Trump negotiated in his first term.
The courtesy visit from the Dangote Refinery signifies a friendly handshake between the duo, but Nigerians are now eager to see how fuel prices would be affected.
The "breakthrough" US-UK trade deal announced Thursday by President Donald Trump is the first agreement to be unveiled since he slapped steep tariffs on allies and adversaries alike on April 2. Under the deal announced Thursday, car export tariffs will be slashed to 10 percent on the first 100,000 cars shipped from Britain to the United States.
The naira has appreciated against the dollar in the official foreign exchange market on Thursday, May 8, 2025, trading at N1,608 per dollar from N1,612.
The general interest rate in commercial banks has made loans prohibitive for small businesses seeking to scale. Lagos state is solving this problem.
Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted artificial intelligence as a game-changer to boost public health and save lives globally. The organization, which had more than $71 billion in assets at the end of 2023, has been credited with helping to reshape the world of global public health.
US President Donald Trump branded Fed Chair Jerome Powell a "fool" on Thursday after the central bank announced another pause in rate cuts and warned of higher risks to inflation and unemployment goals. "'Too Late' Jerome Powell is a FOOL, who doesn't have a clue," Trump posted on his Truth Social network, in a fresh attack on the head of the independent Federal Reserve.
The goal of the Digital Literacy for all programme is to ensure that 95% of Nigerians acquire the skills, and get connected with jobs before the deadline.
The Gates Foundation plans to spend more than $200 billion over the next 20 years, accelerating its public health mission and shutting down in 2045, the organization said Thursday. The new timetable means a change to the organization's charter, which planned for the foundation to sunset 20 years after the death of Bill Gates.
Economy
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