Iran’s Ambassador to Nigeria pledged support in combating Boko Haram and ISWAP, while rejecting Israeli claims and reaffirming six decades of bilateral ties.
EKEDC has announced a planned three-day electricity outage in Lekki from March 13–15, 9am–5pm daily, for network upgrades to improve power reliability.
President Claudia Sheinbaum of Mexico, the United States' top trading partner, on Thursday welcomed her country's exclusion from the list of nations targeted in Donald Trump's latest round of import tariffs.
Nigeria Civil Aviation Authority will fine foreign airlines who sell tickets to Nigerian passengers and deport them after only partially completing their journeys.
The small African kingdom of Lesotho feared the worst for its textile industry Thursday after US President Donald Trump imposed 50-percent tariffs on its imports, the highest for a single nation.
Auto giant Stellantis said Thursday it was pausing production at some plants in Canada and Mexico, the first disruptions to hit the sector since US President Donald Trump's tariffs on foreign-made vehicles came into force.
Dangote cement is the 2nd most valuable stock and accounts for 12.2% of the NGX equity market, while BUA cement is now the seventh most valuable stock.
The naira has reported a two-week appreciation against the dollar at N1,531 per dollar as the CBN announces the highest FX reserves in three years.
The US trade deficit narrowed in February, according to government data released Thursday that was collected before President Donald Trump launched his most recent salvo of punishing worldwide tariffs. In February, the contraction of the US trade deficit came as exports rose and imports were flat, government data showed.
President Donald Trump acknowledged the shock brought by his tariffs onslaught Thursday, but said the US economy would emerge "far stronger," even as world markets tumbled. White House Press Secretary Karoline Leavitt also tried to reassure US markets, telling CNN: "To anyone on Wall Street this morning, I would say, 'Trust in President Trump.'
The historic Lutetia hotel in Paris, occupied by the Nazis during World War II and after liberation serving as a welcome centre for concentration camp survivors, was on Thursday taken over by luxury hotel group Mandarin Oriental. Originally baptised with the Roman name for Paris, the hotel will be renamed Mandarin Oriental Lutetia from Thursday.
Economy
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