Senator Ireti Kingibe joined the ADC in Abuja, leaving Labour Party after months of speculation, becoming its only serving Senator and boosting opposition politics.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
For decades, Mexico's industrial borderlands boomed thanks to growing trade with the world's largest economy next door. Analysts have warned the US duties could push Mexico's economy, the second largest in Latin America, into recession.
Consumer items ranging from avocados and strawberries to electronics and gasoline look poised for price hikes in the wake of President Donald Trump's tariffs on Mexico, Canada and China. Yale University's Budget Lab has estimated the net impact of Trump's tariffs will be between a 1.0 percent and 1.2 percent hike to consumer prices, a yearly toll of $1,600 to $2,000 per household.
Twelve Chinese nationals, including two public security ministry officers, have been indicted for a series of hacking attacks, including a 2024 breach of the US Treasury, the Justice Department said Wednesday. The Justice Department said the private Chinese hackers were paid in some cases by the Chinese ministries of public security and state security to exploit specific victims.
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.
Swiss lawmakers voted Wednesday in favour of enshrining cash in the country's constitution as mobile and card payments have taken a dominant position.
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect. He said he expects an announcement to be made Wednesday afternoon.
The Dangote Petroleum Refinery and the Nigerian National Petroleum Corporation Limited (NNPC) have adjusted fuel prices as competition intensifies.
The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation.
The Central Bank of Nigeria (CBN) has reduced the Customs foreign exchange rate for import duty following the appreciation of the naira in the forex market.
Economy
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