The immediate past Chief of Defence Staff (CDS), Retired Gen. Christopher Musa, has broken his silence after he and others were sacked by President Bola Tinubu.
Italy's foreign minister called on the European Central Bank on Friday to reduce interest rates to weaken the euro, warning its strength was hurting his country's exporters.
If US President Donald Trump is to be taken at his word, Mexican imports to the United States will be hit with 25-percent tariffs on Tuesday. On Tuesday, the tariffs he announced on all Mexican imports shortly after taking office are due to go into effect, after being suspended for a month.
Despite what may have been a fairly good sales year for MTN Nigeria, the company has reported major losses arising from its exposure to the FX market.
Nigeria is heading towards the "light at the end of the tunnel" as the country grinds through the second year of a cost-of-living crisis, President Bola Tinubu said Friday. "Today, we see a light at the end of the tunnel."
Italy's cabinet opened the door Friday to a return to nuclear power, aiming to overturn nearly 40 years of opposition -- though experts say any revival is at least a decade away. In a 10-year energy and climate plan published last year, Rome said it aims to install enough nuclear capacity by 2050 to generate between 11 percent and 22 percent of the power it uses.
Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer that the tech titan acquired in 2011. Online auction site eBay acquired Skype in 2005 for approximately $2.6 billion, but the expected synergies never panned out, and in 2009, eBay sold a majority stake to a group of investors, who then sold it to Microsoft.
There will now be strict conditions for approving flight schedules, and airlines that fail to comply will not get approval. FG has listed something that must be done
The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, although it remained stuck above the bank's long-term target. While inflation has remained stuck above the bank's long-term two percent target, economic growth has remained robust, and the labor market has stayed healthy, with unemployment hugging close to historic lows.
Hopes of a trade deal between Britain and the United States, reignited by President Donald Trump's positive comments after meeting Prime Minister Keir Starmer this week, prompted cautious optimism Friday from a UK business sector keen to avoid tariffs.
Zeal Akaraiwe, the chief executive Graeme Blaque, said the current alignment of the official and black markets was due to the raft of policies implemented by CBN.
Economy
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