National Security Adviser Nuhu Ribadu has mentioned foreign countries supporting the Federal Government in its efforts to tackle insurgency and terrorism.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.
Vietnam's parliament on Wednesday approved plans for an $8 billion rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries and making trade easier.
Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine. Traders are keeping tabs on talks between Washington and Moscow after their top diplomats met in Saudi Arabia.
Donald Trump's threats of import tariffs have sent shockwaves through Canada, forcing businesses to question their dependence on the United States -- a reassessment that is creating headaches for many sectors. Internal Trade Minister Anita Anand, who wants to see these barriers abolished as soon as possible, believes that "in the face of Donald Trump's repeated threats, we must choose Canada."
The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade policy, which uses tariffs as a broad negotiation tool. The commerce secretary has a broad agenda to implement, and negotiations with some of the United States' biggest trading partners to contend with.
The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession, China said Tuesday at the World Trade Organization. "These tariff shocks heighten economic uncertainty, disrupt global trade, and risk domestic inflation, market distortion, or even global recession."
Nigerian Breweries Plc has hit a new milestone, raking in over N1 trillion revenue in 2024 financial year despite economic challenges that had others posting losses.
Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.
The US Senate is expected to confirm Wall Street billionaire Howard Lutnick as commerce secretary Tuesday, a key step towards the rollout of President Donald Trump's "America First" trade policy with tariffs used as a broad negotiation tool. Already, the commerce secretary has a broad agenda to implement and negotiations with some of the United States' biggest trading partners to contend with.
Economy
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