Latest data from NBS showed that once again Nigeria’s inflation in August 2025 as headline dropped to 20.12% while food slowed to 21.87 per cent.
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Trump concerned S. Korean arrests could 'frighten' investors
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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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FG orders immediate release of ₦250bn loan to farmers, targets food security
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All you need to know as FG says no tax ID, no bank account by January 1, 2026
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EU was born to 'screw' US, Trump says
President Donald Trump said Wednesday that the European Union was born to "screw" the United States, laying bare his hostility to the longtime US partner as he detailed new tariffs. "Look, let's be honest, the European Union was formed in order to screw the United States," Trump told reporters as he gathered his cabinet for the first time.
Nigeria Customs flags conflicts in proposed tax reform bills
The Nigeria Customs Service (NCS) Comptroller General pointed out several clauses in the Tax Reform Bills 2024 that will cause conflict in its activities.
Trump's trade envoy Jamieson Greer confirmed by lawmakers
US lawmakers voted Wednesday to confirm lawyer Jamieson Greer as Donald Trump's trade envoy, rounding out the president's top economic team with a key figure in tariff policy as the president threatens levies on friend and foe alike. Greer, a partner at law firm King & Spalding, served as chief of staff to Trump's top trade negotiator Robert Lighthizer during the president's first term.
Eyeing Trump trade policy shakeup, Eli Lilly to build 4 US factories
US pharmaceutical giant Eli Lilly announced Wednesday that it will build four additional new manufacturing sites in the United States in a committment designed to influence upcoming Trump administration decisions on trade and other issues.
Amazon's next-gen Alexa gets AI upgrade
Online retail behemoth Amazon on Wednesday announced a new version of its Alexa voice assistant that is powered by generative artificial intelligence, giving the device more human-like qualities. Panos Panay, senior vice president of devices and services at Amazon, said that Alexa Plus opens a new age for voice devices.
Britons advised to cut meat, air travel to reach net zero targets
Britons will have to pay more to fly and should forego two-steaks worth of meat a week if the country is to meet net zero targets, the government's advisory body said Wednesday. The average reduction required to hit the targets would equate to consumers eating two fewer meat mains per week, said the report.
“We will enforce”: FG sets up N15 billion facility to clamp down on fake products
The Standard Organisation of Nigeria (SON) will also be taking the quality assurance drive to all geographical zones with the regional laboratories set up.
Billionaire Bezos announces restrictions on Washington Post opinion coverage
The Washington Post will no longer run views opposed to "personal liberties and free markets" on its opinion pages, its owner Jeff Bezos announced on Wednesday, the latest intervention by the billionaire in the major US paper's editorial operations.
US new home sales miss expectations in January on cold weather
Sales of new US homes slumped more than expected in January, government data showed Wednesday, with cold weather and stubborn cost-of-living pressures weighing on buyers as Donald Trump returned to office. "Sales likely were also weighed down by the weather; last month was the coldest January since 1988," Pantheon added. bys/dw
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