Wike's Rainbow Coalition is gaining support from aggrieved APC leaders across 10 states, with some defecting to the PDP ahead of the 2027 elections.
CBN absorbs N2.5tn in a heavily oversubscribed OMO auction as investors chase high yields, while tight liquidity sends naira to N1,331 per dollar.
Asian stocks tanked and the dollar surged Monday after Donald Trump signed off huge tariffs on China, Canada and Mexico, and warned the European Union would be hit "pretty soon". Oil prices jumped as Trump's tariffs on Canada and Mexico include the commodity.
Mexican agricultural and auto-parts producers called Sunday for "dialogue" to head off the trade war prompted by US President Donald Trump's decision to impose 25 percent tariffs on imports from Mexico and Canada.
US Secretary of State Marco Rubio on Sunday threatened action against Panama without immediate changes to reduce Chinese influence on the canal, but the country's leader insisted he was not afraid of a US invasion and offered talks.
President Donald Trump said Sunday that Americans may feel economic "pain" from his tariffs on key trading partners, but argued it would be "worth the price" to secure US interests. A spokesperson for the bloc vowed Sunday that it would "respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs." des/bbk
The Central Bank of Nigeria (CBN) has approved the use of the CFA franc on the Nigeria Export Proceeds (NXP) form for export earnings repatriation.
Donald Trump's new tariffs will probably not have a major impact on China's economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday. However, his action against Beijing was "not a big shock to China's economy", according to Zhiwei Zhang, president of Pinpoint Asset Management.
A miner in the mountains of eastern Afghanistan poured water over a block of jade, exposing the green stone that is part of the Taliban authorities' push to capitalise on the country's rich mineral resources. The rest may contain iron sulfide minerals that contaminate the ground if it comes into contact with water.
Yangon resident Aung Ko Gyi browses stalls for a solar power kit he can use to weather the blackouts that have become a constant feature of life in Myanmar four years on from a military coup. Resident Aung Kyo Gyi encourages others to switch to solar power to make it through the dark times.
US President Donald Trump's sweeping tariffs on Canada and Mexico are set to roil supply chains for products ranging from automobiles to avocados -- with industries girding for cost increases. Analysts expect Trump's 25 percent across-the-board tariffs on Canada and Mexico would hit the automobile and electronics sectors hard.
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