Mohammed Badaru and four other ministers and appointees of President Bola Ahmed Tinubu have resigned. The full list of exits from his administration has emerged.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
Dollar liquidity in the Nigerian foreign exchange rate dropped last week, leading to a crash of the naira to N1,530 per dollar from N1,528 the previous seasons.
France's Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays as part of an urgent plan to tackle what he called the "curse" of his country's debt. Presenting his outline 2026 budget plan, Bayrou said two holidays out of France's total of 11 could go, suggesting Easter Monday as well as and May 8, a day that commemorates the end of World War II in Europe.
Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty. "We do anticipate further consumer cooling the second half (of 2025) as tariff effects play through," Mason said, while adding that "the global economic performance has been quite resilient."
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.
Economy
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