Lt Yarima survived an Abuja assassination attempt after being trailed by unidentified men, days after his confrontation with FCT Minister Wike prompting concerns.
The Central Bank of Nigeria (CBN) has intervened in the forex market with $50 million sales to authorised dealer banks and FX operators to ease demand on the naira.
Tesla sales plunged again in Germany last month even as the broader electric car market rebounded, data showed Thursday, the latest sign of a growing backlash against billionaire owner Elon Musk. Overall in March, the number of new vehicle registrations in Germany fell to 253,497, down 3.9 percent from a year earlier, the latest sign of weakness in the market.
The Central Bank of Nigeria (CBN) has described as untrue the purported release of N5,000 and N10,000 banknotes, saying the report was not from the bank.
Local refineries like the Dangote and Edo Refineries will soon have more options of where to purchase crude oil, as Heirs Energies has shared plans to hit 100k bpd.
India reacted cautiously on Thursday to US President Donald Trump's sweeping tariffs, with the government saying it was examining both "implications" and "opportunities" from the duty hikes. India's Department of Commerce said on Thursday it is "carefully examining the implications of the various measures".
German Chancellor Olaf Scholz on Thursday slammed sweeping new US tariffs as "fundamentally wrong" as Berlin warned that the European Union could retaliate by targeting American tech titans. US duties of 25 percent on imported cars also took effect Thursday, a huge blow for German titans like Volkswagen, Mercedes and BMW, for whom the United States is a major export market.
India said Thursday it was "examining the implications" of sweeping US tariffs, saying it was eyeing "opportunities" after rival competitors were harder hit by US President Donald Trump's hike in duties.
Across Asia, factory workers, directors, trade associations and analysts voiced concern Thursday that US President Donald Trump's stinging tariffs could put jobs at risk and hammer key sectors of industry. Vietnam was hammered with huge tariffs of 46 percent as part of Trump's global trade blitz, which sent shares tumbling more than seven percent in Hanoi on Thursday.
Nintendo fans excited over the upcoming Switch console said Thursday they were disappointed by the high price tag, as US tariffs bite. Some media reported that export data shows Nintendo has been amassing an inventory of the new Switch in the United States to get ahead of the tariffs.
China vowed "countermeasures" to Donald Trump's sweeping tariffs on Thursday but elsewhere in the Asia-Pacific region US allies were still scrambling for last-ditch talks to mitigate the levies that will hit Asia's manufacturing powerhouses hard.
Economy
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