CBN assures continued operations for five banks amid recapitalisation challenges, highlighting investor confidence as 33 banks comply with new capital requirements.
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CBN relaxes PTA, BTA rules as travellers get fresh dollar cash access from June 1
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Nigeria’s GDP grows by 3.89% in Q1 2026, 10 sectors lead
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FG begins new tax incentive system, 149 pioneer companies to enjoy tax exemption
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Lagos, Ogun, Enugu dominate Nigeria’s IGR rankings as states race to boost revenue in 2026
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Earn while you learn: FG opens TVET scheme for young Nigerians, offers ₦22,500 monthly stipend
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"Still more debts", petroleum marketers reveal how much FG still owes as bridging claims
The bridging claims now amount to over N200 billion having accumulated since 2022. However, the marketers revealed that the NMDPRA has paid part of the debt.
When London stood still For Nigerian tax icon, Zacch Adedeji
The Chairman of Nigeria's Federal Inland Revenue Service (FIRS), Zacch Adedeji, has been honoured by the Commonwealth of Tax Administrators (CATA).
S.Africa moves to ease black empowerment law under Starlink pressure
South Africa's government is moving towards easing its black ownership laws in the telecoms sector -- a policy change that would smooth the way for Elon Musk's Starlink to enter the local market.
FG recovers over $200 million bond from P&ID case, additional £10 million awarded
The Nigerian government was made to deposit a $200 million arbitration bond during the long-drawn case against Process and Industrial Development (P&ID).
Trump fires new tariff threats at Apple and EU
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."
France's TotalEnergies to face court in June in 'greenwashing' case
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.
Merz, Xi discuss Ukraine war, trade woes amid global 'chaos'
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".
Direct flights to Warri, two other cities now available as Overland Airways releases schedule
Nigeria's longest-serving domestic airline, Overland Airways, has extended operations into Warri and two other cities, offering direct flights to & from Lagos & FCT.
260 miners stuck underground after 'incident' at S.African shaft
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.
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