President Bola Tinubu has met with Governor Seyi Makinde of Oyo State and one other governor who just dumped the PDP for the APC amid the N30 billion saga.
FG invites Nigerian youths to register for the 3MTT NextGen Fellowship before January 31 to gain digital skills, mentorship, and real-world tech experience.
Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of Istanbul's opposition mayor and economic uncertainty provoked by US President Donald Trump's sweeping tariffs.
As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can maintain its status as the world's key trading and reserve currency. - The dollar initially gained on news of Trump's tariffs owing to concerns the levies will push up inflation.
US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, calling him "always TOO LATE AND WRONG." "Powell's termination cannot come fast enough," Trump wrote on his Truth Social platform. "Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now."
The electronic call-up system has faced challenges with racketeering, leading to congestion at Tin-Can and Apapa ports, with truckers now paying exorbitant fees.
The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with four South American countries could get a final green light despite longstanding French opposition. In exchange, the South American nations would be able to export meat, sugar, rice and soybeans, which worries European farmers concerned about cheaper goods pricing them out.
The National Bureau of Statistics has disclosed that Nigeria's inflation rate spiked to 24.23%, caused by high food prices, which rose by almost 24%.
FG recently decided to change it revenue collection system, and now, the House of Representatives wants the company to refund N182.77 billion to FG.
Taiwanese chipmaking titan TSMC reported Thursday a surge in net profit for the first quarter and forecast robust demand for artificial intelligence technology, despite the spectre of US tariffs on the critical sector.
French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump. Trump imposed a 10 percent tariff on imports from around the world this month, but he delayed higher duties on dozens of other countries, including a 20 percent levy for goods from the European Union. kap/jbo/lth/ach
Economy
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