Atiku Abubakar approved a lean 2027 campaign council, naming El-Rufai deputy chairman and Dele Momodu media chief as the ADC unveils its national election team.
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.
There are several implications for all financial market segments that deal with forex from the adoption of the FX strategy, which was unveiled recently.
As Volkswagen seeks to push through a drastic restructuring with billions of euros in cuts, workers nationwide on Monday kicked off what could be a long wave of industrial action. They began their industrial action Monday with so-called "warning strikes" -- short walkouts typically used during ongoing negotiations.
The future of the planet is at stake during hearings at the top United Nations court, a representative for Vanuatu said Monday, opening a historic case that aims to set a legal framework on how countries should tackle climate change.
App-based food delivery firm Glovo's freelance riders in Spain will be hired as employees following pressure from the government to give them labour contracts, its German owners Delivery Hero said Monday.
Foreign exchange inflows in the official market increased 226% in the first six months of 2024, following an increase in foreign reserves at $40.88 billion.
Equities rose across Asia on Monday following another record day on Wall Street, with traders also cheered by data suggesting China's economic malaise is showing signs of easing. Hong Kong and Shanghai were among the best performers after data showed Chinese manufacturing activity expanded at a faster clip than expected in November.
Thousands of Volkswagen workers were to go on strike Monday in an escalating industrial dispute at the crisis-hit German auto giant with thousands of jobs at stake. Its woes reflect a broader crisis in the European auto industry, with demand weak and the transition to electric cars slower than expected.
Norway has suspended plans to start giving licences for deep-sea mining next year that had faced opposition from environment groups and international institutions, a party allied with the centre-left government said on Sunday. But scientists, non-government groups, some multi-national companies and international institutions such as the European Parliament had opposed the move.
Stellantis chief executive Carlos Tavares on Sunday resigned "with immediate effect", the auto giant announced, signalling differences over how to confront the group's profit slump. Tavares started his career in the car industry with Renault before becoming chief executive of the old Peugeot-Citroen (PSA) group in 2014.
Economy
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