Kwara governor visits Kaiama and confirms the killing of 75 Muslims in a deadly Islamist terrorist attack, raising concerns over security in the region.
Nigeria's banks face a March 2026 recapitalisation deadline. Top performers like Access and Zenith exceed targets, while others risk mergers or exits if they fail.
France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, including a major hydroelectric dam, as President Emmanuel Macron kicked off a two-day state visit to the Indian Ocean island.
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
The company first announced that it was working on the app in January 2025, after CapCut was removed from the playstores in the US following the TikTok ban.
A new ranking has shown the strongest African currencies in April 2025 that have maintained resilience and overcome tough economic headwinds this year.
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.
The World Economic Forum confirmed Wednesday that it has launched an investigation into allegations made against its founder Klaus Schwab that reportedly prompting his resignation this week.
The International Monetary Fund (IMF), World Bank, and International Finance Corporation (IFC) will meet with the Nigerian team to discuss debt restructuring.
Asian stocks rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of the Federal Reserve and that eye-watering tariffs on China would be slashed drastically. However, Trump looked to temper those fears Tuesday, saying: "I have no intention of firing him."
Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a "substantial" lowering of tariffs on China -- moves that brought relief to global markets spooked by his aggressive policies. "I have no intention of firing him," Trump said Tuesday.
Economy
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