FCT Minister Nyesom Wike has been confronted with a tough problem as hundreds of protesters stormed APC secretariat and made strong demand from President Bola Tinubu
Bismarck Rewane offers a hopeful outlook for Nigeria's economy in 2026, highlighting risks like oil price volatility and opportunities in fintech, energy, and AI.
Teach giant Apple announced on Wednesday the iPhone 16 will be available in Indonesia from next month, indicating the sales ban in Southeast Asia's biggest economy had been lifted. Despite the ban on iPhone sales in Indonesia, the government had allowed the devices to be brought in if they were not being traded commercially.
Europe must seize on the "huge economic opportunities" offered by the green technology boom, Germany said Wednesday -- adding it was up to the United States if it decided to miss out. "Climate protection opens up huge economic opportunities, and we as Europeans want to seize them", she added.
Chinese drinks company Mixue Group, which has surpassed McDonald's and Starbucks in store count to become the world's largest food and beverage chain, reported a spike in profits on Wednesday as it laid out further expansion plans.
The CBN governor said the central bank remains dedicated to maintaining discipline in the country's fx market by identifying and eliminating dishonest participant
The court held that by filing the suit, First Bank of Nigeria was seeking to do precisely what it was prohibited from doing in an earlier court order.
Industry insiders at a semiconductor trade fair in Shanghai urged more cooperation between the Chinese chip sector and the rest of the world, despite growing trade tensions with Washington. Xiao, whose company sells chip-making equipment, said he still believed that "in the future we may need cooperation across the global industrial chain".
Following the meeting in February, the cement manufacturers agreed to crash the prices, and even reduced the price to N9,000 in a show of good faith.
Nigeria's households are facing a rising cost of living, leaving them with difficult decisions following the rise in petrol prices and transportation costs.
The current trend is a source of worry to stakeholders. The widening gap between the official and parallel market rate signify a return to old times.
Economy
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