The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
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Depot owners protest as Dangote slashes petrol price by N259
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Will Nigerians without tax ID be barred from operating bank accounts? FG clarifies
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump's move to fire her from her position -- as the president intensified pressure on the independent central bank.
Naira strengthens as FX reserves hit $41.2bn: Fresh dollar inflows boost confidence
The naira rebounded in the foreign exchange markets, from N1,537.60 to N1,537.07 per dollar on Wednesday, August 27, 2025, amid foreign reserves.
Consumers cry out as egg prices hit N6,500 per crate despite cost slash claims
Consumers have lamented the soaring price of eggs, despite the Poultry Association of Nigeria (PAN) announcing a 10% cut in farm gate egg prices.
Swiss economy set to slow due to US tariffs
The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs imposed by US President Donald Trump, the economy ministry said Thursday.
Asian markets mixed after Nvidia earnings
Asian markets were mixed Thursday after AI powerhouse Nvidia's quarterly earnings beat expectations, but its shares slipped over worries about the company's stalled business in China. The earnings report comes amid market worries about an AI spending bubble that could burst and hurt the chip giant's fortunes.
Nigerian designer pushes 'Afro-lux' onto the global fashion scene
Its modern architecture complemented by latticework inspired by local Yoruba textiles, Alara, west Africa's first fashion and design "concept store", is an imposing sight in Lagos, Nigeria's bustling economic capital.
Norway, environmentalists back in court over oil field permits
The Norwegian state and environmental groups face off in court again Thursday over three oil fields ruled illegal last year due to insufficient environmental impact studies. The state said the operators of the fields, Equinor and Aker BP, had conducted additional impact studies to address concerns raised in the lower court's ruling.
Qantas says profits up, strong travel demand ahead
Qantas Airways said Thursday it lifted annual net profit and saw a bright outlook for travel demand, days after it was fined for illegally firing staff during the Covid-19 pandemic. Last week, an Australian court fined Qantas Aus$90 million for unlawfully laying off 1,800 ground staff during the Covid-19 pandemic.
'Perfect storm': UK fishermen reel from octopus invasion
When veteran fisherman Brian Tapper checked his 1,200 crab pots in waters off southwest England during this year's crabbing season, he got a series of unwelcome surprises. Sue MacKenzie, whose Passionate About Fish firm sources produce from southwest England, said the octopus are "eating our indigenous species at a rate that nobody can anticipate -- it's quite scary".
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