Aggrieved APC governors are reportedly exploring an alliance with Atiku Abubakar ahead of the 2027 election amid tensions involving FCT Minister Nyesom Wike.
Naira weakens to N1,328.50 at official market as dollar demand rises; reserves hit $54.808bn and Brent tops $102 amid global rate and geopolitical pressures.
The Central Bank of Nigeria (CBN) has marginally increased the Nigeria Customs duty rate for importers following the slight depreciation of the Nigerian currency.
Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles. Business has been especially tough for foreign brands in China, where electric vehicle manufacturers such as BYD are leading the way as demand grows for less polluting vehicles.
Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.
The Central Bank of Nigeria has explained the reason for imposing a new cash withdrawal limit on PoS operators, limiting them to N100,000 per customer.
Some banks operating in Nigeria have generated funds by going to the stock market after the announcement of the banking recapitalization exercise on March 29, 2024.
They don't advertise and they are largely unknown to the general public but niche perfumes are able to command prices of hundreds of dollars from men and women seeking to stand out. "There isn't a top brand without its niche perfume today," said Eric Briones, who wrote a book about luxury and Generation Z (people born between the late 1990s and early 2010s).
Incoming US president Donald Trump on Saturday slammed what he called unfair fees for US ships passing through the Panama Canal and threatened to demand control of the waterway be returned to Washington.
Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares. The automaker had announced the job cuts at the plant in Toledo, Ohio in early November, saying it was part of an effort to "regain its competitive edge" amid struggles with falling sales.
Albanian Prime Minister Edi Rama said Saturday the government would shut down social network TikTok for at least a year from 2025. "We are going to chase this thug out of our neighbourhood for one year", Rama told a meeting with Albanian teachers, parents and psychologists in Tirana.
Economy
Load more
