Former President Goodluck Jonathan has finally opened up on leaving the troubled Guinea Bissau on Ivorian air rathan Nigerian aircraft when he was trapped.
The Nigerian government announced plans to secure $500m loan from the World Bank to boost MSME lending in Nigeria through the Development Bank of Nigeria (DBN).
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles. But prices edged back up after Trump took to social media calling for the evacuation of the Iranian capital, which is home to nearly 10 million people.
The yen fell against the dollar ahead of a Bank of Japan decision Tuesday, with officials expected to hold interest rates steady but tweak their bond purchase policy.
Ecuador's state energy company said it stopped pumping oil through the country's main pipeline Monday due to a rupture in a section running through the Amazon. In a statement issued Monday night, the company said it doesn't immediately foresee shutting down oil wells.
US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States. Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app's US business.
The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military.
World leaders at the Group of Seven summit in Canada on Monday tried to push US President Donald Trump to back away from his punishing trade war that poses a risk to global economic stability. A source at the summit said that French President Emmanuel Macron urged the American leader to quickly end the trade conflict once and for all.
Earlier on monday, the IDF said it had identified missiles fired from Iran towards Israel. Amid the rising conflict, an expert has predicted the impact on the naira.
The Nigerian currency, the naira, opened the week strongly against the dollar, appreciating to N1,543 from N1,544 per dollar following the Middle East tension.
An appeal court has overturned the November 2024 ruling from a federal high court that ordered the forfeiture of several assets belonging to Godwin Emefiele.
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