The Federal High Court in Akure has given reason why a prominent southern governor did not have the legal standing to seek re-election after the end of his tenure.
The Federal High Court in Akure has given reason why a prominent southern governor did not have the legal standing to seek re-election after the end of his tenure.
The Central Bank of Nigeria injects $200 million to stabilise the naira, triggering a recovery amidst heightened dollar demand and improved market sentiment.
NEXIM Bank has given out more than N420 billion in loans to support exporters through different funding programs and helped create over 12,000 direct jobs.
Danish energy group Orsted has filed a lawsuit seeking to prevent the US government from blocking the construction of one of its wind farms that was nearing completion.
Anthropic is barring Chinese-run companies and organizations from using its artificial intelligence services, the US tech giant said, as it toughened restrictions on "authoritarian regions." Anthropic -- valued at $183 billion -- said that the change would affect entities more than 50 percent owned, directly or indirectly, by companies in unsupported regions.
German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's long-struggling top economy remains stuck in the doldrums. "High trade and geopolitical uncertainties" were creating volatility when it came to orders, the German economy ministry said in a statement.
US employment data on Friday is expected to confirm a cooled labor market, as companies pull back on hiring amid continued uncertainty over President Donald Trump's tariffs. He also pointed to the downward revisions to hiring numbers, saying that similar things have happened this year -- amid his return to the presidency in January -- and "always to the negative."
Asian markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country's financial regulators could intervene to slow the dumping. Analysts said the decline followed a Bloomberg report that China's financial regulators may implement measures to cool the pace of the selloff in stocks.
Tech world executives showered Donald Trump with praise Thursday during a rare dinner that saw the US president host some of the most important players in AI at the White House. Notably absent from the dinner was multi-billionaire tech tycoon Elon Musk, a former Trump ally who had a spectacular falling out with the president.
US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement its trade pact negotiated with Tokyo. The outcome marks a win for Japan, after Tokyo's tariff envoy headed to Washington on Thursday to press Trump to sign the document for the changes -- weeks after both sides announced their agreement.
New NBS data shows kerosene prices rose month-on-month and year-on-year in July 2025, with Delta, Edo, and Rivers recording the highest litre prices.
Economy
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