Ebonyi Governor Francis Nwifuru orders school closures and curfew following a deadly attack, announces a range of security measures for affected communities.
The CBN's revised exchange rate aids importers as the naira appreciates against the dollar, ending January strong at N1,386, bolstered by rising external reserves.
The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed Thursday, offering signs of continued labor market strength despite worries over President Donald Trump's tariffs. In June, the state government and health care sectors added jobs while the federal government continued shedding roles, the Labor Department said Thursday.
A decade after a dam collapsed in Brazil, sending a deluge of toxic mud into villages and waterways, residents complain of an inadequate cleanup and compensation by international mining firms. BHP maintains that the compensation agreement it reached last year in Brazil -- worth around $31 billion -- provides a resolution.
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for Thursday morning after bruising Republican infighting nearly derailed the centerpiece of the president's domestic agenda. Johnson has to negotiate tight margins, and can likely only lose three lawmakers in the final vote, among more than two dozen who had declared themselves open to rejecting Trump's bill.
France announced Thursday a record 40 million-euro fine against e-commerce giant Shein over "deceptive commercial practices" after a competition inquiry, saying it misled customers on price deals and on its environmental impact.
The N50 million Venture capital fund is meant for student entrepreneurs who have existing businesses, or proven business ideas that are ready for the market.
Applicants who get recruited will enter GL08 in the state civil service, and be deployed to fill vacant positions. The portal is open for limited time.
The Nigerian currency strengthened further against the US dollar in the official foreign exchange market on Wednesday, July 2, 2025, hitting N1,525 per dollar.
Ethiopia's Prime Minister Abiy Ahmed on Thursday said a multi-billion-dollar mega-dam on the Blue Nile that has long worried neighbouring countries is complete and will be officially inaugurated in September. Speaking in parliament, Abiy said Gerd "is now complete, and we are preparing for its official inauguration".
Nigeria recorded a $3.73 billion current account surplus in Q1 2025, driven by strong growth in non-oil exports, gas exports, and a decline in imports.
Economy
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