The leading opposition PDP has got a new national chairman at its ongoing national convention in Ibadan, Oyo state capital after expelling FCT Minister Nyesom Wike.
The leading opposition PDP has got a new national chairman at its ongoing national convention in Ibadan, Oyo state capital after expelling FCT Minister Nyesom Wike.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Everton's potential sale to the Friedkin Group will not go ahead after the Premier League club failed to reach an agreement with the American investors. Everton said the Friedkin Group would remain a lender to the club, who were twice docked points last season over breaches of Premier League financial rules.
Five years after formally approving the agreement in Niamey, Niger, Nigeria began conducting intra-African trade on Tuesday, in accordance with the AfCFTA protocol.
The European Union and Serbia were set to sign a deal Friday over the supply of battery materials during a "critical raw materials summit", just days after Belgrade allowed work to resume at a disputed lithium mining project.
The amount of electricity produced from renewable sources worldwide is set to surpass output from coal-fired plants for the first time in 2025, the International Energy Agency said Friday. Hydroelectric, solar, wind and other renewable sources are forecast to provide 35 percent of global supply next year, up from 30 percent in 2023, the agency said.
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, has disclosed why CBN may hike interest rates again as inflation surges in Nigeria to 34.19%.
Chinese officials pledged Friday to help ease debt pressure on local governments through reforms to the tax system, after a key political gathering in the capital focused on jumpstarting the faltering economy. But few new policies were announced as the meeting wrapped up Thursday, with officials pledging to tackle "risks" in the economy.
Wandering atop a small sand dune in central Mauritania, Aliene Haimoud gazed despondently at the yellowing date palms before him –- the trees are dying if they are not already dead. In Mauritania, the government has tried to halt the desertification by planting trees to repel the onslaught of sand.
Japan welcomed a million more foreign visitors in the first half of 2024 compared to pre-pandemic levels, logging a new record of 17.78 million, the national tourism organisation said Friday. Over the whole of 2023, 25 million visitors came to Japan, after strict pandemic-era border restrictions were lifted.
Asian equities sank in line with Wall Street Friday as the optimism over expected US interest rate cuts was overshadowed by uncertainty about the presidential election and worries over China's economy.
Economy
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