The Senate saw dramatic scenes on December 2, 2025, after a request was made for President Bola Tinubu's ministerial nominee, General Christopher Musa (rtd).
Staring at a pile of freshly cut beechwood, forestry manager Johannes Brodowski wonders if he is looking at the future of Germany's chemicals industry. Germany's traditional chemicals industry has been battered by high energy prices and cheap competition from Asia, with national output now at its lowest level since 1995.
The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed Friday, with policymakers monitoring the effects of President Donald Trump's tariffs in the coming months. But central bank officials have said they expect to learn more about the impact of tariffs over the summer, meaning they will be scrutinizing data in the coming months.
The oil marketers said that they could negotiate as low N550 per litre along with other favourable terms, based on their numbers and volume to be purchased.
The Nigerian currency has gained in the parallel segment of the foreign exchange market on Thursday, June 26, 2025, rising from N1,610 to N1,575 per dollar
As the purchasing power of the naira continues to drop, PenCom has recommended investment strategies for PFAs to optimise returns, ensuring long-term sustainability
Online hotel booking giant Booking.com on Friday said it had taken down thousands of advertisements in Spain in the leftist government's latest crackdown on illegal short-term tourist rentals. Spain has also ordered online tourist accommodation giant Airbnb to take down more than 65,000 adverts for violating licence rules and has been in a legal battle with the US-based company.
A 2025 World Bank report has revealed that Nigeria has the highest number of people without electricity, with 86.8 million individuals affected...
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls. Under the deal, China "will review and approve applications for the export control items that meet the requirements in accordance with the law".
Nigeria's debt profile has surged to N144.6 trillion as of December 31, 2024, pushing debt per citizen to a historic high, as the Nigerian government seek more loans
It only took two days for Nigeria to raise $59 million through green bonds -- part of a funding drive for climate and environmental projects in a nation still hooked on oil. Green bonds are similar to sovereign bonds: Investors are paid interest on what is essentially a loan to the government, but in this case the money funds environmentally friendly projects.
Economy
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