The APC has unveiled its 2027 election timetable, detailing the ₦100m presidential and ₦50m governorship forms, along with screening and primary election schedules.
Nigerian government updates the banned import list, including cement and fertiliser, effective April 1, 2026, amid World Bank's calls to enhance competitiveness.
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.
Asian markets largely rose Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs. On Friday, China's commerce ministry said it was evaluating a US offer for negotiations on tariffs, but wanted Washington to show "sincerity" and be ready to scrap levies that have roiled global markets and supply chains.
Economy
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