Nigeria's ₦70,000 minimum wage struggles against rising costs, revealing stark gaps in purchasing power compared to developed economies and workers' daily struggles.
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Naira strengthens to N1,315 as dollar falls to N1,302 at official FX market
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Nigeria’s external reserves hit $54bn, Highest in 18 years, as naira strengthens to N1,315 per dollar
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Drivers beware: Lagos begins enforcement of 2026 parking permits, warns defaulters of heavy fines
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Naira gains ground again as dollar falls to ₦1,329, reserves hit $53.8bn
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Full List of Nigerian states with highest IGR in 2026, South East state ranks 3rd
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Billionaire-owned Paris FC win promotion and prepare to take on PSG
Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1. In Ligue 1, another billionaire-owned club, Nice moved back into the Champions League places with a 1-0 home win over Reims.
Lower profits at US oil giants amid fall in crude prices
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.
GM cuts shift at Canada plant over 'evolving trade environment'
General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President Donald Trump's trade war upends the North American auto sector.
Trump eyes huge 'woke' cuts in budget blueprint
US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security. Trump would also massively cut foreign aid even while stepping up defense spending to $1.01 trillion and pouring money into homeland security as part of his anti-immigration drive.
US ends duty-free shipping loophole for low-cost goods from China
The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major blow to popular e-commerce sites such as Shein and Temu, whose cheap items consumers have come to rely on. The move threatens to hammer the business model of several large firms that ship cheap goods from China -- including fast-fashion titans Shein and Temu.
Australians vote in election swayed by inflation, Trump
Australians will cram voting booths on Saturday to pick their next government, deciding a hard-fought election shaped by living costs, climate anxiety and Trump tariffs. "The cost of living -- it's extremely high at the moment.
Lagos disburses N1.17 billion in loans to 4,600 MSMEs, reports 91% repayment rate
As part of its job creation initiatives, Lagos State has disbursed over N1.17 billion to 4,600 MSMEs and partnered with USAID to train 10,000 Lagosians.
Lawyers probe 'dire' conditions for Meta content moderators in Ghana
Lawyers are probing "dire" workplace conditions for Meta content moderators in Ghana, attorneys involved in the investigation told AFP, in what could turn into the latest dispute over the social media giant's labour practices in Africa.
US hiring slows less than expected, unemployment unchanged
US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data published Friday, as businesses navigated the early months of Donald Trump's second presidency.
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