Former President Olusegun Obasanjo has finally taken action over Ayo Fayose's $20,000 collected to attend the ex-Ekiti state governor's birthday.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.
Austrian tycoon Rene Benko has been charged with fraud as part of a wide-ranging probe into the insolvency of his real estate empire, prosecutors said Tuesday. Benko, once one of Austria's richest men, founded the Signa real estate empire in 2000, but the debt-laden group crumbled in 2023 in the largest insolvency proceedings in the country's history.
Aba Power Plc made a big decision when it invested N33 billion to provide smart meters to its customers. The project is on and over 40,000 have received meters.
Casino operator Las Vegas Sands broke ground Tuesday on a new $8 billion project to expand its iconic Marina Bay Sands resort in Singapore, in a major bet on the city-state's tourism market.
The latest development means that air travellers can buy flight tickets from the Enugu air official website, and fly to domestic locations like Lagos, and Abuja.
US consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as policymakers try to gauge how President Donald Trump's ever-growing list of tariffs is affecting the economy.
The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions targeting Russian trading partners could embolden Ukraine and further delay already stalled peace efforts. Denmark and the Netherlands on Tuesday said they were looking to participate in Trump's plan for Europe to buy American weapons for Ukraine.
Tesla unveiled its first showroom in India on Tuesday, marking its entry into the world's most populous country, as Elon Musk's electric vehicle company seeks new customers amid sagging sales in the United States and Europe. India is currently negotiating a trade deal with the United States, including a potential reduction in tariffs on automobiles.
The Central Bank of Nigeria's intervention in the FX market took the naira to a four-month high against the US dollar in the official foreign exchange market.
Economy
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