Iran's IRGC spokesperson killed in Israeli air strike; retaliatory strikes on key infrastructure intensify regional tensions crises amid rising casualties.
Naira depreciated to N1,353 per dollar as foreign exchange demand rises; Nigeria's reserves dip to $49.83bn amid soaring global oil prices and Middle East tensions.
FG, through the Bureau for Public Procurements (BPP) has revised procurement thresholds for MDAs to boost efficiency, reduce delays, and enhance transparency.
The Asia-Pacific Economic Cooperation group said Friday that it was "concerned" over the challenges to global trade, as ministers from APEC countries met in South Korea in the shadow of growing woes from US tariffs. "We are concerned with the fundamental challenges faced by the global trading system," trade ministers from the 21-member group said in a joint statement.
The government also warned that people sleeping in construction sites would not be tolerated as the LASBCA will be on inspection patrols to ensure compliance.
Markets limped into the weekend as investors consolidated gains fed by the China-US trade war hiatus, having enjoyed one of their best weeks since Donald Trump unloaded his "Liberation Day" tariff bazooka last month.
Take-Two Interactive on Thursday dialed back earnings expectations for the current fiscal year due to the delayed release of keenly anticipated video game "Grand Theft Auto VI". "The ambition and complexity of Grand Theft Auto VI is greater than any previous Rockstar title."
An Australian aerospace firm said Friday it has scrubbed a historic attempt to send a locally developed rocket into orbit, citing a glitch in the nose cone protecting its payload -- a jar of Vegemite. If successful, it would be the first Australian-made rocket to be sent into orbit from Australian soil.
The US government rested its case against Facebook-owner Meta on Thursday, as it tries to persuade a US judge that the tech giant bought Instagram and WhatsApp to neutralize them as rivals.
Coinbase on Thursday said criminals bribed and duped their way to stealing cryptocurrency from its users, then tried to blackmail the exchange to keep the crime quiet. "Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks," the leading US cryptocurrency exchange said in a blog post.
The National Bureau of Statistics has provided insight into price movement in the country revealing that headline and food inflation rate has dropped.
Economy
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