Former senatorial candidate Babagana Habeeb has received a 10-year prison sentence for selling petrol to Boko Haram, aiding terrorism in Borno State.
CBN implements stricter BVN rules from 1 May 2026 to combat identity fraud, enhance digital banking security, and improve fraud response with a temporary watchlist.
Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors. Google is facing two cases and was found guilty of search-market dominance abuse last August, while Apple and Amazon are also heading to court.
The SEC statement also issued a directive to businesses already operating in this space, or planning to set up an online foreign exchange trading platform.
Where the former Investments and Securities Act (2007) had no clear penalties for Ponzi and illegal scheme operators, the new ISA 2025 recommends heavy sanctions.
The helicopter tour company behind a crash in New York that killed six people last week is shutting down, US authorities said Sunday.
The Bureau of Public Procurement DG noted that the audit carried out, had uncovered several irregularities going on with procurements and contracts in MDAs.
Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he arrived in Vietnam on Monday on the first leg of a Southeast Asia tour.
China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated mounting trade headwinds sparked by US President Donald Trump. "The strong export data reflect frontloading of trade before the US tariffs were announced," Zhiwei Zhang, President and Chief Economist at Pinpoint Asset Management said in a note.
US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting this week to decide whether to lower eurozone interest rates again. But Trump's move to impose sweeping tariffs on the European Union and the rest of the world increased the chances of another reduction in interest rates, according to observers.
Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived.
Economy
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