The Nigerian currency finally rebounded in the official foreign exchange market as dollar demand reduced and Nigeria's FX reserves rose to a five-year high.
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Prices of rice, tomatoes, other food items soars as retailers struggle with unpredictable costs
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Asia stocks rise as traders weigh China-US row, rate cut hopes
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Putin says Russia a top oil producer, despite 'unfair' pressure
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World Bank cuts growth forecast on trade tumult
The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US President Donald Trump's wide-ranging tariffs strained ties and weighed on economic outlooks.
Relief for BDC operators as CBN announces new deadline for recapitalisation
The Central Bank of Nigeria has provided relief for Bureau De Change (BDC) operators following the decision to extend the deadline by another six months.
French Senate to vote on regulating fast fashion
The French Senate is due to vote Tuesday on a bill to regulate the fast fashion industry, by sanctioning companies and banning advertisements. - Advertisement ban - The bill would impose sanctions on influencers who promote such products and ban fast fashion advertisements.
BREAKING: ChatGPT is down and users are unable to get response from chatbot
Chat-GPT is a favourite work assistant for many people, and the outage lasting more than a couple hours have raised concerns among those who depend on it.
Uber to launch driverless taxis in London next year
Ride-hailing firm Uber will launch self-driving taxis in London next year when England trials new driverless services, the firm and the UK government said on Tuesday. The government announcement will see companies including Uber allowed to trial commercial driverless services without a human presence for the first time in the UK. They will include taxis and "bus-like" services.
UK pumps £14 bn into nuclear plant on path to net zero
The UK government Tuesday said it will invest billions of pounds in the new Sizewell C nuclear power plant as it strives to meet net zero and energy security targets. The £14.2-billion ($19-billion) investment will end "years of delay and uncertainty", the UK Treasury said in a statement, adding it would unlock a "golden age" of nuclear power to "boost the UK's energy security".
World Bank slashes Nigeria’s loan requests over unmet conditions
The World Bank is set to slash Nigeria's loan request after key agencies, the FIRS and Customs, failed to meet key international auditing standards.
Hopes rise as US and China hold second day of trade talks
The United States and China began a second day of trade talks on Tuesday, seeking to shore up a shaky tariff truce in a bitter row deepened by export curbs. China is also in talks with other trading partners -- including Japan and South Korea -- to try to build a united front to counter Trump's tariffs.
Eurostar to launch routes to Germany and Switzerland
Eurostar said Tuesday it would launch new direct train routes from London to Frankfurt and Geneva, as potential competitors threaten to break its three-decade monopoly on cross-channel rail travel. The announcements come as Eurostar's three-decade monopoly in the Channel Tunnel looks likely to end.
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