Traditional ruler Godwin Vonga killed by gunmen in Plateau State, igniting concerns over rising insecurity. Community mourns as investigations continue into attack.
Naira appreciated by 1.42% against the dollar in April, closing at N1,361.51/$ as CBN's N9.71 trillion OMO bills stabilise the currency and boost investor confidence
The EU executive is preparing a list of proposed restrictions on US services companies -- including tech giants -- should Brussels fail to strike a trade deal with Washington, European diplomats said on Thursday.
UBA is inviting shareholders to take up more shares, as it issues 3.15 billion new shares to raise the money needed to meet CBN capital requirements.
Oyedele pointed out that the government was missing out a lot of tax revenue from digital entrepreneurs like content creators, skit makers and others.
The federal government has directed the Nigerian Electricity Supply Industry (NESI) to improve distribution by at least 50% in the next 18 months.
After buying additional 4.7 billion shares 2 years ago, Otudeko has sold all 10.4 billion shares in First Bank HoldCo, making way for another majority shareholder.
The Nigerian currency, the naira, depreciated to N1,530 per dollar on Wednesday, July 16, 2025, from N1,518 the previous day, as dollar demand rose in the FX market.
G20 chair South Africa warned Thursday that abandoning the rules-based global order and declining cooperation could derail 2030 development goals to end hunger, eradicate extreme poverty and fight climate change.
Swiss pharmaceuticals giant Novartis posted Thursday a 29 percent increase in first-half net income, at $7.6 billion -- and unveiled its new chief financial officer. The Basel-based firm's net sales increased 12 percent to nearly $27.3 billion between January and June, it said in a statement.
Swatch Group said Thursday that weak sales in China wiped out growth elsewhere in the first half of the year for the world's top watch company, leaving it barely profitable. Besides its eponymous Swatch watches, the company owns high-end brands such as Omega, Longines and Tissot, and like other luxury firms the demand of Chinese consumers for Western goods has made it a top market.
Economy
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