Nigerians are groaning under the hardship caused by inflation. The price of filling a 5kg cylinder of cooking gas increased by 10%, while 12.5kg increased by 32.5%.
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Nigeria makes history as firm unveils first-ever Nigerian container ship, maps Out new route
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Good news for Student Entrepreneurs as FG partners BoI to launch N50 million fund, details emerge
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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Apply: ITF set to admit 100,000 artisans into its free Skill Up programme
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FG’s Lagos-Calabar highway project gets boost of $100 million from ECOWAS Bank
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Asian markets mixed after latest Trump tariff threat
Asian markets fluctuated Thursday as investors tried to assess US President Donald Trump's latest tariffs salvo, while earnings from chip titan Nvidia failed to impress, despite another record performance.
7-Eleven owner shares plunge as family buyout fails
Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its founding family failed to put together a white-knight buyout. - 'Grossly undervalued' - With around 85,000 outlets, 7-Eleven is the world's biggest convenience store brand.
Tesla owners sour on Musk's venture into US politics
Tom Blackburn was so proud of his Tesla, he even bought one in bright red to stand out. "I'm just a little embarrassed to be driving it at this point," retired attorney Blackburn told AFP of the Tesla he bought more than a decade ago.
Panama AG agrees Hong Kong firm's canal concession is 'unconstitutional'
Panama's attorney general said Wednesday that concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal should be scrapped for being "unconstitutional."
US Fed will 'adapt' to any policy changes, Chicago's Goolsbee says
The US Federal Reserve will "adapt" to policy changes made by the administration of US president Donald Trump, but would struggle to "disentangle" how those changes affect inflation from other factors impacting the American economy, a senior bank official said Wednesday.
Trump ends Chevron permit in major blow to Venezuela
US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, a major blow to the wobbly economy run by leftist adversary Nicolas Maduro. Former president Joe Biden in 2022 eased sanctions and gave Chevron permission to operate in Venezuela in return for a promise by Maduro to allow fair elections.
EU was born to 'screw' US, Trump says
President Donald Trump said Wednesday that the European Union was born to "screw" the United States, laying bare his hostility to the longtime US partner as he detailed new tariffs. "Look, let's be honest, the European Union was formed in order to screw the United States," Trump told reporters as he gathered his cabinet for the first time.
Nigeria Customs flags conflicts in proposed tax reform bills
The Nigeria Customs Service (NCS) Comptroller General pointed out several clauses in the Tax Reform Bills 2024 that will cause conflict in its activities.
Trump's trade envoy Jamieson Greer confirmed by lawmakers
US lawmakers voted Wednesday to confirm lawyer Jamieson Greer as Donald Trump's trade envoy, rounding out the president's top economic team with a key figure in tariff policy as the president threatens levies on friend and foe alike. Greer, a partner at law firm King & Spalding, served as chief of staff to Trump's top trade negotiator Robert Lighthizer during the president's first term.
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