The APC has given appointments to two former Senate presidents, former speaker of the House of Representatives, Governor Siminalayi Fubara and others.
CBN has eased its cashless PTA and BTA rule, allowing 25% cash access for travellers. Discover key reforms in the new FX Manual aimed at boosting investor confidence
President Donald Trump ratcheted up the US trade war on Friday, threatening to impose a new 25 percent levy against Apple, and a 50 percent tariff on the European Union. Lamenting that negotiations with the EU "are going nowhere," Trump said on Truth Social that he is recommending "a straight 50% Tariff on the European Union, starting on June 1, 2025."
TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.
Germany's Friedrich Merz urged Chinese President Xi Jinping on Friday to support a Ukraine ceasefire push and discussed thorny economic ties, in the leaders' first call since Merz became chancellor. On the topic of Ukraine, Merz's office said he told Xi about "the common efforts of Europe and the EU to bring about a quick ceasefire" and urged China to "support these efforts".
Nigeria's longest-serving domestic airline, Overland Airways, has extended operations into Warri and two other cities, offering direct flights to & from Lagos & FCT.
Damage to a mine shaft kept 260 miners stuck in a gold mine outside Johannesburg overnight, the mine manager and union said Friday. Mining employs hundreds of thousands of people in South Africa -- the biggest exporter of platinum and a major exporter of gold, diamonds, coal and other raw materials -- and accidents are common.
British right-wing newspaper The Telegraph has agreed a takeover by US investment group RedBird Capital Partners, ending a two-year saga marked by UK government intervention over press freedoms. TMG last year agreed to sell British right-wing magazine The Spectator to hedge fund manager Paul Marshall for £100 million.
Germany's economy grew more than previously thought at the start of the year, as its exports surged before US President Donald Trump imposed sweeping tariffs, official data showed Friday. Germany's unexpectedly strong first-quarter growth contrasts with the performance of the US economy, which contracted at the start of the year amid an import surge triggered by Trump's tariff plans.
The Nigerian currency, the naira, has maintained stability against the dollar in the forex market on Thursday, May 22, 2025, trading at N1,582.96 per dollar.
Parts of northern Europe have seen their worst drought in decades in recent weeks, with farmers from Scotland to the Netherlands fearing the dry spell will dent harvests if it continues. The dry spell in northern Europe contrasts with southern Europe, including Spain and Portugal, where rainfall has been up to twice the usual amount for the time of year. abe-bur/ico/fec/js
Economy
Load more
