Sanusi Lamido Sanusi has questioned Nasir El-Rufai’s prolonged detention, asking whether the case reflects Nigeria’s anti-corruption fight or a political battle.
Nigerian food prices remain uneven despite easing inflation. Ten staples, from onions and beans to rice and tomatoes, face fresh price pressure in markets.
Bakers and bread sellers have disclosed reasons why the commodity prices will continue to skyrocket nationwide as prices rise higher than inflation.
European and Chinese automakers faced off at the Paris Motor Show on Monday as they seek to make electric vehicles affordable for the broader public as the sector faces stalling sales in many countries. While the organisers of the Geneva Motor Show threw in the towel due to a lack of public interest, the Paris Motor Show hopes to attract half a million visitors. tsz/rl/js
The planned sale of France's best-selling medical drug to US investors has caused the government a splitting headache after an outcry against the project from politicians on all sides. "This is another symbol for the loss of our sovereignty," thundered Fabien Roussel, France's Communist party leader, calling the planned sale "shameful".
Spain's acute housing crisis is piling pressure on Socialist Prime Minister Pedro Sanchez as his government's measures yield few results and frustration boils over among beleaguered citizens.
As part of the Nigeria Tax Bill 2024, the federal government has suggested a tax payment option that enables individuals to pay their taxes in installments.
Prime Minister Keir Starmer on Monday told global business leaders it was "time to back Britain", as he hosted a major summit aimed at securing much-needed funds to fuel economic growth after post-Brexit chaos. Make no mistake, this is a great moment to back Britain," Starmer said.
The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount. "Victory against inflation is in sight," French central bank governor Francois Villeroy de Galhau, who sits on the ECB's rate-setting governing council, said last week.
Shanghai stocks fluctuated Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other Asian markets tracked another record day on Wall Street.
Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders. - Poverty or wealth inequality?
Economy
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