The United Kingdom government has clarified its officials' presence at the African Democratic Congress (ADC) convention in Abuja on Tuesday, April 14, 2026.
Nigeria's YEIDEP offers grants up to ₦500,000 to tackle unemployment, fostering entrepreneurship and creating 20 million jobs by 2026. Nigerians aged 18-50 can apply
Fitch ratings just upgraded Nigeria's credit rating to a B, showing that the country can meet its loan obligations. The IMF has confirmed the status of its loans.
The Debt Management Office (DMO) has explained that Nigeria spent about N5.97 trillion on debt servicing in 2024, relative to N5.23 trillion in 2023.
TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by Chinese authorities.
Hong Kong's economy grew by 3.1 percent in the first quarter of the year, the city's government said Friday, though it warned US tariffs had heightened "downside risks" in the global economy. But officials warned that with the sharp increase in global tensions "the downside risks surrounding the global economy have heightened visibly".
German chemicals giant BASF stuck to its 2025 earnings outlook on Friday, despite the turmoil unleashed by hardline US trade policies, but warned of high levels of uncertainty.
Nigeria is set to see major changes in infrastructure and targeted support for certain groups of entrepreneurs, as the AfDB has pledged a yearly support.
British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns. BP this week reported that its net profit dropped 70 percent in the first quarter to $687 million, driven by weaker gas sales and lower refining margins. ajb/yad
The price war between Dangote Refinery and the petrol importers in Nigeria has now reached a stalemate. With the rise in landing costs, a clear winner has emerged.
One of the alleged promoters has turned himself in to EFCC for interrogation, while CBEX has resumed operations, luring new users with promises of easy withdrawals.
Economy
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