Nigerians are groaning under the hardship caused by inflation. The price of filling a 5kg cylinder of cooking gas increased by 10%, while 12.5kg increased by 32.5%.
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Naira maintains pressure on dollar amid FX inflows into the markets
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Nigeria makes history as firm unveils first-ever Nigerian container ship, maps Out new route
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Limited time to apply: Lagos state begins 2025 recruitment into civil service, releases link and criteria
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Revolution: Microsoft replaces 9,000 workers with AI after spending $80 billion to train it
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Canada rescinds tax on US tech firms in hopes of Trump trade deal
Canada will rescind taxes impacting US tech firms that had prompted President Donald Trump to retaliate by calling off trade talks, Ottawa said Sunday, adding that negotiations with Washington would resume.
Most Asian stocks rise as investors eye US trade talks
Asian equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. After Wall Street's record day, most of Asia followed suit.
Meta spending big on AI talent but will it pay off?
Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree. Meta chief Zuckerberg is reported to have sounded the charge himself due to worries Meta is lagging rivals in the generative AI race.
CBN crashes dollar for importers as naira appreciates in official and black markets
The Central Bank of Nigeria (CBN) has lowered the exchange rate for import duty from N1,548 per dollar to N1,538 following the appreciation of the naira.
Trump says 'very wealthy' group to buy TikTok
President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks. In mid-June Trump extended a deadline for the popular video-sharing app by another 90 days to find a non-Chinese buyer or be banned in the United States.
EFCC arrests bank employees for trying to breach bank server, steal customers’ fund
EFCC arraigns five suspects, including bank employees, for an alleged cyber fraud attempt, while the bank assures stakeholders of its strong cybersecurity defenses.
Strike shuts down Bangladesh's biggest port
Operations at Bangladesh's biggest port were suspended on Sunday as a strike by customs officials brought shipping activity to a halt. Mahmud Hasan Khan, president of the Bangladesh Garment Manufacturers and Exporters Association, said the halt in port operations would cost the industry $222 million.
Trump metal tariffs wreak havoc on US factory
In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape -- but tempers are also rising as their manufacturer grapples with President Donald Trump's steep steel tariffs. But Trump's tariffs are complicating this task.
'Eat the rich': Venice protests shadow Bezos wedding
At least 500 protesters marched through Venice on Saturday, condemning Amazon founder Jeff Bezos's wedding to journalist Lauren Sanchez, a lavish affair that has drawn backlash in the historic Italian city. The ceremony capped off a week of yacht parties and VIP events, due to end with a lavish ball Saturday night -- as Venetians remain divided over the impact on the city's image.
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