Peter Obi and Rabiu Kwankwaso revive partnership to challenge Atiku for ADC ticket in the 2027 elections, amid calls for a unified opposition against his influence.
The Central Bank of Nigeria mandates banks to enhance cash availability, enabling a stress-free festive season for Nigerians amid rising digital transactions.
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
Japanese video game legend Hideo Kojima releases "Death Stranding 2: On the Beach" this week, a star-studded PlayStation sequel inspired by the Covid pandemic. Kojima Productions, the eponymous studio the developer founded in 2015 after leaving Japanese giant Konami, said in March this year that the first "Death Stranding" had more than 20 million players.
The Nigerian government is seeking a $65 million procurement loan from the World Bank, which will increase the country's debt to the global lender above $17 billion.
By the latest directive, any employer that fails to remit pension obligations for its employees will be blacklisted by the commission and face stiff penalties.
Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles. Picat, who was once seen as a potential successor of Tavares, has been mentioned as a possible replacement for Renault's departing chief executive Luca de Meo. tsz-fmp/lth/cw
Business activity in the eurozone was up marginally in June, marking the sixth consecutive month of expansion -- albeit at a slowing, sluggish pace, a closely watched survey showed Monday. The expansion in the 20-country currency area was centred on the manufacturing sector, where production increased for the fourth successive month, according to the survey.
The naira has appreciated against the dollar week-on-week bringing much needed relief for businesses and importers. Analysts have made projections for the new week.
Telegram founder and billionaire, Pavel Durov, is father to over 100 children and has announced his will, saying he does not want his children to fight over it.
Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran's nuclear facilities. "An oil price shock would create a real negative impact on most Asian economies" as many are big net energy importers, they wrote, reflecting the market's downbeat mood.
Economy
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