Ebonyi Governor Francis Nwifuru orders school closures and curfew following a deadly attack, announces a range of security measures for affected communities.
The CBN's revised exchange rate aids importers as the naira appreciates against the dollar, ending January strong at N1,386, bolstered by rising external reserves.
Nigerian government has finally given an official statement on the airport concession deals. The statement explains what is true, and what is not.
The Volkswagen group on Tuesday unveiled a series of new vehicles and a driver assistance system built "in China for China", which it hopes will help reverse its declining fortunes in the world's largest car market. Volkswagen also presented a new generation of driver assistance "specifically designed for the complex traffic conditions in China".
European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the country's central bank boss Jerome Powell prematurely. "I hope that a trade deal will be something that can be considered by both partners, the United States and China," Lagarde said Tuesday.
The ogun state government had earlier set target dates in 2023 and 2024 to begin passenger operations, but missed them. It appears that 2025 it will happen.
German chemicals giant BASF said Tuesday it had exited two joint ventures in China's Xinjiang region after its local partner was alleged to have participated in rights abuses against the local Uyghur minority. BASF said at the time it had no indication that employees of the joint ventures were involved in rights violations, only staff of its local partner.
Sweden, Finland, Norway and Lithuania plan to beef up military capabilities around the Baltic Sea with a joint order for several hundred CV90 combat vehicles, Swedish Prime Minister Ulf Kristersson said Tuesday. "Our focus right now is on a potential coordinated acquisition of the CV90 infantry fighting vehicles with Sweden, Lithuania, Finland and Norway together," Kristersson said.
The union had earlier issued an ultimatum to NIMET stating their demands. With the expiration of the ultimatum, strike commences tonight at all Nigerian airports.
The US dollar has hit its lowest in three years following President Donald Trump's tariff policies, while the Nigerian naira appreciated against the euro
Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in order to boost global growth, the International Monetary Fund's chief economist said in an interview.
Economy
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