It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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Trump says will 'take a look' at deporting Musk
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CBN boosts dollar supply, naira strengthens in official and parallel markets
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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UK govt faces major rebellion in welfare vote
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FG invites Nigerians to apply for N50k for their business, releases link
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Boeing says China not accepting planes over US tariffs
Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss. The aviation giant reported a loss of $123 million in the first quarter, smaller than the $343 million loss in the year-ago period.
FG speaks on 2024 oil bid round, denies underhanded dealings
The Federal Government has discussed the processes followed for the 2024 oil bid round, addressing allegations of underhand dealings in oil blocks allocation.
IMF apologises to Nigeria over comments on impact of Tinubu’s reforms on the poor
Kristalina Georgieva, the managing director of the International Monetary Fund(IMF), has reportedly apologised to Nigeria over comments on the economy.
French president announces economic deals with Madagascar
France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, including a major hydroelectric dam, as President Emmanuel Macron kicked off a two-day state visit to the Indian Ocean island.
IMF warns of 'intensified' risks to outlook for public finances
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
Meta releases ‘Edits’ app for content creators, unveils free features to overtake competitors
The company first announced that it was working on the app in January 2025, after CapCut was removed from the playstores in the US following the TikTok ban.
Naira gets new ranking as data shows 10 strongest currencies in Africa in April 2025
A new ranking has shown the strongest African currencies in April 2025 that have maintained resilience and overcome tough economic headwinds this year.
EU slaps fines on Apple and Meta, risking Trump fury
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.
WEF confirms investigation into claims against founder Schwab
The World Economic Forum confirmed Wednesday that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompting his resignation this week.
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