Protesters targeted the finance ministry in Abuja to express anger at the federal government, with videos emerging showing the disgruntled demonstrators.
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.
In a small London workshop, a prototype mimics the process of capturing carbon emissions from a cargo ship's engine. Once absorbed, the carbon was transformed into limestone through a chemical process.
Britain's auto sector on Tuesday welcomed news that the United States and UK have agreed to implement key parts of their tariff-cutting trade deal, as levies on steel remain. Tariffs of 25 percent on the UK steel industry remain however, despite a bilateral agreement in May to completely remove the levy for British aluminium.
The Nigerian government, through the Federal Inland Revenue Service (FIRS), has raised the thresholds for corporate and personal income income tax.
An expert has explained how average Nigerians will gain from Dangote Refinery's plans to commence free fuel distribution to marketers nationwide.
US retail sales declined more than expected in May, government data showed Tuesday, dragged by a slowdown in auto sales as consumers pulled back after hurrying to get ahead of President Donald Trump's sweeping tariffs. Economists expect it will take a few months for the effects of new tariffs to show up in consumer costs -- and all eyes are on economic data during the summer.
Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday. Oil demand dropped dramatically in 2020, when countries locked down and shut their borders during the Covid pandemic, falling to 91.7 million bpd before steadily growing again in the following years.
Here are the top 10 most expensive states to live in as a Nigerian based on the NBS inflation rates for May 2025. Borno State tops the list with almost 40%.
People are increasingly turning to generative artificial intelligence chatbots like ChatGPT to follow day-to-day news, a respected media report published Tuesday found. The biggest-name chatbot -- OpenAI's ChatGPT -- is the most widely used, followed by Google's Gemini and Meta's Llama.
Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens. Another possibility is that a loss of trust in the stablecoin may ripple beyond the crypto world, hitting the assets that back these tokens.
Economy
Load more