A prominent pastor has prophesied the outcome of Nigeria’s 2027 presidential election, offering fresh insight into the race ahead of the crucial poll.
CBN assures continued operations for five banks amid recapitalisation challenges, highlighting investor confidence as 33 banks comply with new capital requirements.
The activities of multiple refineries in Nigeria has increased refining capacity and marketers are projecting when Nigeria will become a net exporter.
The Nigerian Maritime Administration and Safety Agency (NIMASA) has sent out a notice to shipowners as the Federal Government finally makes Cabotage funds available.
After years spent working in sweatshops in California, Francisco Tzul got a job at a trendy lingerie brand that prides itself on ethical business practices and a "Made in America" approach. "My whole point was that I wanted to... create jobs in an ethical way, and now they're making it impossible for me to do that," Hughes said.
US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday.
Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as mortgage rates remained high and weighed on affordability for homebuyers. "Home buying and selling remained sluggish in March due to the affordability challenges associated with high mortgage rates," said NAR chief economist Lawrence Yun in a statement.
The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US President Donald Trump's tariffs on car imports hit the industry. In any case, given the unpredictability of Trump's policies, analysts said it was unlikely that Nissan -- or any Japanese automaker -- would announce any major shift for now.
The contributory pension scheme mandates employers to make regular contributions to the employees' retirement savings account, under a pension fund administrator.
Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over tariffs and the economy cloud the picture. Consumers are adopting a "wait and see attitude" as they monitor stock market gyrations in light of tariff headlines and weigh uncertainty around the job market, mortgage rates and other factors, Schulten said.
An international summit on the future of energy security opened in London on Thursday with stark opposition from Washington, which called policies to phase out fossil fuels "harmful and dangerous". We oppose these harmful and dangerous policies.
Economy
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