The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
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Will Nigerians without tax ID be barred from operating bank accounts? FG clarifies
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Depot owners protest as Dangote slashes petrol price by N259
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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New York officials sink Times Square casino bid
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Nigerian manufacturers lament N1.4 trillion unsold goods in December 2024
Nigerian manufacturers have come out to explain the challenges that led to an unsold inventory worth N1.4 trillion by end of December. They ask FG to help...
Kremlin ready for 'mutually respectful' Trump talks
The Kremlin said Thursday it saw nothing new in US President Donald Trump's calls for Russia to end its military offensive in Ukraine, and that Moscow was ready for "mutually respectful" dialogue with him. Kremlin spokesman Dmitry Peskov said Russia was "ready for equal, mutually respectful dialogue."
Negligence played key role in Turkey ski resort deaths: expert
Negligence played a role in the deaths of 78 people who perished when a huge fire gutted a luxury ski resort hotel in northern Turkey this week, an expert has told AFP. There were safety failures on multiple levels at the Grand Kartal Hotel in the ski resort of Kartalkaya, the head of the Ankara Chamber of Architects told AFP late on Wednesday.
Naira gains balance against dollar in official window as CBN launches new FX Code
The Nigerian currency, the naira appreciated against the US dollar in the official window on Wednesday, January 22, 2025, trading at N1,552.50 per dollar.
How things stand in China-US trade tensions with Trump 2.0
Donald Trump is back in the White House, promising to use the United States's vast economic weight to hit back at China for its alleged unfair trade practices and role in the deadly American fentanyl crisis. Both sides have also launched investigations into the others' alleged unfair trade practices with probes into dumping and state subsidies.
Trump to take virtual centre stage in Davos
Donald Trump on Thursday will star in an eagerly-anticipated online appearance at the World Economic Forum in Davos, addressing global elites whose annual gabfest has been consumed by the US president's days-old second term. One of his biggest cheerleaders on the world stage, Argentina's libertarian President Javier Milei, will make a speech to the WEF on Thursday, hours before Trump.
Most Asian markets extend AI-fuelled rally
Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.
Bangladesh student revolutionaries' dreams dented by joblessness
Bangladeshi students braved bullets to overthrow an autocratic government, but six months after the revolution, many say finding a job is proving a harder task than manning the barricades. "I can't see any fruitful initiatives taken by the government so far," Chowdhury grumbled, a25-year-old student who took part in the protests that drove autocratic ex-leader Sheikh Hasina into exile on August 5.
Solar power surpasses coal in EU for first time
Solar overtook coal in the European Union's electricity production in 2024, with the share of renewables rising to almost half the bloc's power sector, according to a report released Thursday. "Solar remained the EU's fastest-growing power source in 2024, rising above coal for the first time.
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