INEC has announced the winners of the 2026 Federal Capital Territory (FCT) area council election, detailing the vote counts across all constituencies.
Nigeria's naira strengthens across FX markets, forcing dollar hoarders to sell at a loss as external reserves rise to $48.5 billion, boosting market confidence.
A Dutch court Friday ordered a local concrete block mould manufacturer to scrap the word "Lego" on its website, saying using one of the world's most famous trademarks gave it an "unfair advantage". On Friday, "the judge ruled that Betonblock is taking unfair advantage of the use of the word 'Lego'," The Hague District Court said.
The World Bank has provided insight into the state of Nigerians amid various economic reforms embarked upon by the administration of President Bola Tinubu.
The cyber attack targeted the MTN group, and it is reported that customer data in several countries have been exposed to third parties in this incident.
US President Donald Trump has insisted Chinese leader Xi Jinping called him despite Beijing denials of any contact between the two countries over their bitter trade dispute. "He's called," Trump said.
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. The accusation that luxury goods officially manufactured in Europe were in reality being secretly made in China "does not make any sense", concurred Michel Phan, professor of luxury marketing at emlyon business school in France.
The Nigeria Customs Service shared that about N1.3 billion worth of goods were seized, with rice being the most confiscated commodity, followed by fuel.
Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite banks and businesses warning the economy was headed for a slowdown. In a statement announcing the rate decision, Russia's central bank acknowledged lending activity was "subdued" but that inflation, running above 10 percent, was still too high.
German chemicals giant Bayer said Friday it could be forced to pull its Roundup weedkiller from the market if it is not able to limit simmering legal troubles. Bayer has asked investors to approve a capital increase through the issuance of new stock to cover potential legal costs related to Roundup.
China's top leaders pledged on Friday to step up support for the economy and oppose "unilateral bullying" in global trade in a veiled rebuke of hefty tariffs imposed by US President Donald Trump. They also said they would seek to "work with the international community to actively uphold multilateralism and oppose unilateral bullying practices", it said.
Economy
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