Governor Fubara stormed out of his APC screening in Abuja after only 20 minutes. He refused to speak with journalists as tensions rise over the Rivers State ticket
Governor Fubara stormed out of his APC screening in Abuja after only 20 minutes. He refused to speak with journalists as tensions rise over the Rivers State ticket
Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states. It would also have stripped about 75 percent of passengers of the right to compensation, said Europe's BEUC umbrella consumer rights group.
A recent ranking has shown the African countries with the strongest currencies in May 2025, as the Nigerian currency, the naira, fell after a week-long rise.
Mohammed Manga, director of information and public relations, has released a statement explaining the Ministry of Finance's position on Tinubu's loan request.
A German court on Wednesday rejected a climate case brought by a Peruvian farmer against energy giant RWE, but set a potentially important precedent on polluters' liability for their carbon emissions. The court, however, rejected Lliuya's claim against RWE, saying there was "no concrete danger to his property" from a potential flood.
The Federal Inland Revenue Service has continued its stakeholder engagement on the e-invoicing platform, targeting key players in manufacturing and oil and gas.
The Central Bank of Nigeria (CBN) has intervened again in the FX market, selling $50 million to authorised dealer banks as the naira depreciated in the FX market.
Asian equities wobbled Wednesday as investors struggled to track a Wall Street rally fuelled by forecast-beating US consumer confidence data, with a weak Japanese debt sale adding to worries about rising bond yields. Bonds yields rise and prices fall when demand is weak.
Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the US-European group navigates US tariffs and slumping North American sales. Filosa, who has previously served as chief executive of the Jeep brand, was promoted to the role of chief operating officer for the Americas region in December.
China is not seeking to "replace" the United States as the top trading partner of Colombia, Beijing's ambassador to Bogota, whose president has announced a pivot to China, told AFP on Tuesday. "China is coming to offer our collaboration, not to replace anyone, nor seeking to take someone's place," Zhu Jingyang told AFP on the sidelines of a media briefing.
Economy
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