President Bola Tinubu has personally responded to allegation of US President Donald Trump, reminding him that Nigeria is a democratic country govern by constitution.
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.
The US continues to face a greater risk from underlying inflation than from any weaknesses in the labor market, despite recent progress, a senior Federal Reserve official said Friday. The Federal Reserve has a dual mandate from Congress to keep both inflation and unemployment under control, and recently began rolling back high interest rates in order to better support the labor market.
The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes. Friday's figure "marks only a moderate-sized bounce back" from the strikes and disasters, said Nationwide chief economist Kathy Bostjancic.
The EU and four South American countries have concluded a huge, but controversial trade deal that is opposed by France and many European farmers, European Commission chief Ursula von der Leyen announced on Friday. France's minister for trade, Sophie Primas, said that von der Leyen's announcement "regards only her."
Following the massive gains of the naira against the US dollar, the Central Bank of Nigeria (CBN) has reduced the exchange rates for cargo clearance.
European Commission President Ursula von der Leyen will meet leaders of South America's Mercosur bloc on Friday, aiming to push through a controversial pact to create the world's biggest free trade zone despite last-minute resistance. - 'Unacceptable' - The treaty aims to eliminate most import taxes between the EU and Mercosur to create a vast free-trade area of more than 700 million consumers.
The Federal Inland Revenue Service (FIRS) has surpassed its 70-year-old record under Zacch Adedeji, the current chairman, by introducing a performance-based model.
UBA has informed customers that savings accounts not used for a certain period will be categorised as dormant or inactive and advised how to prevent this.
Harrison Ford was de-aged last year for "Indiana Jones and the Dial of Destiny" on the big screen, and video game makers are pulling the same trick for the whip-cracking hero's latest outing on the small screen. "We've been looking at photos of Harrison Ford to try to make sure that we hit the correct facial feature that he had at that time," he said.
The World Bank announced Thursday that it has raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.
Economy
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