Presidency refutes claims of Chief of Staff Femi Gbajabiamila's replacement, stressing Hakeem Muri-Okunola remains in his current role amidst rising fake news.
Senator Oluremi Tinubu, has disbursed N50 million in grants to 1,000 women small business owners as part of efforts to strengthen women’s economic participation.
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa's most populous country. Nigeria had accused Meta of violating the country's data protection and consumer rights laws on Facebook and WhatsApp.
Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices.
Recent checks show that there is another player in the price war, and some of the filling stations belonging to independent marketers now offer the lowest prices.
Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas could become a reality on Saturday, with voters set to green light Starbase as a new municipality. A Texas House State Affairs committee rejected a bill this week by Republican lawmakers that would have given coastal cities with spaceports control over beach access.
Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring by record inbound tourism have left domestic travellers less eager to pack their bags.
At dawn, container ships from Asia unload at a huge Pacific port in Mexico that so far appears to be weathering the storm unleashed by US President Donald Trump's tariffs. Container throughput increased 11 percent between January and March, when Mexico was already in Trump's sights.
At the Port of Los Angeles, the frenetic choreography of cranes unloading containers from Asia has slowed to a tiptoe, and the noise of the busiest docks in the US is quieting. For the week of May 4, the Port of Los Angeles will receive up to 35 percent less cargo compared with the same period last year, Seroka said.
Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada's economy since the end of the Second World War to enable it to "stand up" to Donald Trump. To this end, he promised to abolish existing trade barriers between Canadian provinces by July 1 to expand the economy, and to strengthen trade with "reliable allies."
Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit. The rule change came just two days after a US judge accused Apple of defying an order to loosen its grip on the App Store payment system to the point that criminal charges could be warranted.
Economy
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