Mohammed Badaru and four other ministers and appointees of President Bola Ahmed Tinubu have resigned. The full list of exits from his administration has emerged.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained". "Airbus confirms it has identified a supplier quality issue affecting a limited number of A320 metal panels," a spokeswoman for the company told AFP, confirming earlier media reports.
Traditional crafts from French Limoges porcelain to Irish Donegal tweed became entitled to EU protected status as of Monday -- on a par with agricultural products from Champagne to Parma ham.
Britain's government said Monday it would no longer provide TotalEnergies with a loan for a gas project in Mozambique that the French group halted over a jihadist attack.
The naira has rebounded, starting December on a strong footing following the sale of $36.60 million by CBN to authorised dealers in the forex market.
The latest data from NELFund shows that 788,947 students have benefited from the student loan scheme to date, with total loans disbursed at N140.88 billion.
Asian equities were mixed Monday with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an expected interest rate cut next week. After last week's healthy gains and Wall Street's strong Thanksgiving rally, Asian equities were mixed.
Sales by the world's top 100 arms makers reached a record $679 billion last year, as the wars in Ukraine and Gaza boosted demand, researchers said Monday, but production issues hampered deliveries.
A long-lost painting by 17th-century Flemish master Peter Paul Rubens sold at auction in France on Sunday for almost three million euros -- well beyond its asking price. Osenat, whose auction house sold the painting for 2.94 million euros ($3.41 million) against an expected 1-2 million euros, found the painting as he was preparing the property to be sold.
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange market, selling $36.60 million to authorised dealers as the naira depreciated.
Economy
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