Donald Trump said the US is preparing for likely military action in Nigeria. Legit.ng lists the states that may be affected if the US takes true to her word.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday. Under the EU tariff scheme, Tesla vehicles manufactured in Shanghai face an additional surcharge of 7.8 percent on top of 10 percent already in place for EV imports from China.
After months of buying tomatoes at ridiculously high prices, Nigerians are now taking advantage of the tomato glut to stock up the product at very low prices.
The Russian subsidiary of French supermarket chain Auchan quashed rumours of an impending sale on Monday, saying it continued to operate for the benefit of the local population.
Lagos State has emerged as the highest Value-Added Tax contributor to national revenue in a recently published report, with N2.75 trillion in revenue.
Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities. Vanke has not confirmed Zhu's detention but said in a statement on Monday that he "has applied to resign... owing to health reasons".
The Nigerian Customs has alerted job applicants to fraudulent interview invites via emails, messages or calls regarding ongoing recruitment process.
India's efforts to pare back a longstanding reliance on Russian military hardware is bearing fruit after the courting of new Western allies and a rapidly growing domestic arms industry, analysts say.
According to a PwC and BusinessDay CEO roundtable, banks are beginning to reduce their interest rates on foreign currency deposits as the dollar supply improves.
Economy
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