Rabiu Kwankwaso, the former governor of Kano, has reacted to the NDC announcement of the zoning of its presidential ticket ahead of the 2027 elections.
Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
Tech billionaire Elon Musk spent at least $270 million to help Donald Trump win the US presidency, according to new federal filings, making him the country's biggest political donor. Musk donated $238 million to America PAC, a political action committee that he founded to support Trump, filings late Thursday with the Federal Election Commission showed.
TikTok faces a US ban after an appeals court on Friday rejected its challenge to a law requiring the video-sharing app to divest from its Chinese parent company by January 19. The law, signed by President Joe Biden in April, would block TikTok from US app stores and web hosting services unless ByteDance sells the platform by January 19.
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.
Economy
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