Enugu state police command arrested Okpara Emmanuel over alleged murder of his girlfriend Chinyere, whose body was hidden in a toilet after an HIV argument.
Naira strengthens in official and parallel markets as reserves top $54.72bn; dollar turnover falls 28.4%, with ₦1,300 projected by 2026 as naira gains persist.
It appears that Christmas may have saved the year, as the yuletide festivities in December 2024 helped push business activities up to the highest in six months.
The Central Bank of Nigeria (CBN) has estimated that about $22.89 billion came into the Nigerian economy in the third quarter of 2024 relative to the $22.22 in 2023.
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry. There was rare bipartisan agreement on the issue, with Republican President-elect Donald Trump and the incoming vice president, JD Vance, also campaigning against the sale.
Nigeria saw record-breaking food inflation figures in the just ended year. And as 2025 begins, we spoke to experts on the key drivers of food inflation in 2024.
A popular Indian food delivery app has started offering a private ambulance service, looking to use its logistics know-how to help bolster the country's patchy healthcare system. The app is starting small -- only five ambulances are currently available in Gurugram, a satellite city of India’s capital New Delhi-- but the company plans to expand to "all major cities over the next two years".
World food commodity prices declined by 2.1 percent in 2024 compared to the previous year, the FAO said on Friday, but they remain considerably higher than before the Covid-19 pandemic. Food prices also remain considerably higher -- roughly 26 percent -- than they were five years ago.
Britain produced its cleanest electricity on record last year with output of fossil fuels at an all-time low and renewables reaching a record-high, a study has showed.
A tax analyst, Arabirin Aderonke, has revealed the importance of the proposed tax reform bill by the Nigerian government following opposition from labour leaders.
China said on Friday it would take "all necessary measures" in response to the United States announcing it was considering restrictions on commercial Chinese drones for national security reasons.
Economy
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