A Kwara church attack survivor has revealed what terrorists told him and 37 other abductees while held in the forest. Nigeria currently has a security problem.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Critically needed economic growth in Africa is being held back by high borrowing costs imposed by international lenders, with unpredictable US policy changes adding to the strain, the head of the G20 panel on the continent said.
The United States doubled steel and aluminum tariffs Wednesday, casting a pall on a gathering of OECD ministers as President Donald Trump's intensifying trade war weighs on the world economy. Despite the doubling of steel and aluminum tariffs Wednesday, imports from the UK will remain at 25 percent for now, while both sides work out duties and quotas in line with the terms of their trade pact.
Asian shares extended a global rise Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the election of a new president ended months of political paralysis.
The United States will double its tariffs on imported steel and aluminum starting Wednesday, according to the White House, as it published an order signed by President Donald Trump.
The Nigerian currency, the naira, has continued its upward trajectory in the official and parallel foreign exchange markets, appreciating to N1,579 per dollar.
Nigeria’s cocoa industry is set for a major boost as the government has pledged vast land. VP Kashim Shettima has also revealed a personal cocoa farm project.
The Federal Government of Nigeria, through the Federal Civil Service Commission (FCSC), seeks to employ qualified Nigerians into various departments and agencies.
In response to the several cyber attacks that have led to the loss of billions of naira, the federal government is launching a unified policy for all stakeholders.
The CBN reviewed the requirements in 2024 mandating up to N2 billion recapitalisation for tier 1 Bureau De Change Operators, and N500 million for tier 2.
Economy
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