The federal government scrapped the policy on indigenous language instruction and declared English the medium of instruction across all education levels.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. By approving another output hike, heavyweight Saudi Arabia might seek to up pressure on members for not keeping to agreed quotas via slashing expected oil profits due to lower prices.
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%.
The much-feared AI evolution appears to have arrived as employers are now replacing several roles with AI. Microsoft is letting 9,000 job roles to be replaced by AI.
The Nigerian-owned company promised that it will embark on routes that were not earlier offered to businesses, and ship goods within and outside Nigeria.
The Nigerian currency has maintained its pressure on the dollar for the fifth consecutive day, with the Central Bank of Nigeria releasing a new exchange rate.
Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment. European stock markets retreated around midday, also as China said it will impose "anti-dumping" taxes of up to 34.9 percent on cognac and other brandy imported from the European Union starting from Saturday.
The Customs Area Comptroller of the Apapa Terminal explained the series of operations that led to the seizures, and released a list of the seized cargoes.
French air traffic controllers staged the second day of a two-day strike on Friday, prompting the cancellation of flights affecting hundreds of thousands of people not just to-and-from France but also overflying the country as summer holidays kick off.
China will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9 percent from Saturday, the latest salvo in its long-running trade spat with the bloc. Beijing's commerce ministry said on Friday that China's tariff commission had "decided to impose anti-dumping duties on imports of relevant brandy originating in the EU" from Saturday.
Economy
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