A cleric prophesied that a presidential candidate would withdraw, as attention focuses on the race involving President Bola Tinubu, Atiku Abubakar, and Peter Obi.
The UK reaffirms visa requirements for over 100 nations, including Nigeria and India. Exemptions for select travellers from China and Taiwan in new Immigration rules
Most Asian equities rose Friday on growing optimism that the worst of Donald Trump's trade war is past after he reached a deal with Britain and suggested he could lower tariffs on China as officials prepare for high-stakes talks this weekend.
The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday to 12 years in prison on fraud charges. Mashinsky, 50, pleaded guilty last December to securities fraud in a deal that reduced the level of charges he faced.
The House of Representatives have uncovered some shady areas in the CBN loan to 11 discos, and set up an investigative panel to dig up the details.
Nigeria has been removed from the IMF debtor list after repaying the $3.4 billion loan. However, there are still payments to be made over the next few years.
The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit automakers said Thursday. The Detroit companies organized their supply chains around the 2020 US-Mexico-Canada Agreement (USMCA), which Trump negotiated in his first term.
The courtesy visit from the Dangote Refinery signifies a friendly handshake between the duo, but Nigerians are now eager to see how fuel prices would be affected.
The "breakthrough" US-UK trade deal announced Thursday by President Donald Trump is the first agreement to be unveiled since he slapped steep tariffs on allies and adversaries alike on April 2. Under the deal announced Thursday, car export tariffs will be slashed to 10 percent on the first 100,000 cars shipped from Britain to the United States.
The naira has appreciated against the dollar in the official foreign exchange market on Thursday, May 8, 2025, trading at N1,608 per dollar from N1,612.
The general interest rate in commercial banks has made loans prohibitive for small businesses seeking to scale. Lagos state is solving this problem.
Economy
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