Rabiu Kwankwaso, the former governor of Kano, has raised a fresh controversy on the Emirship tussle between Muhammadu Sanusi II and Aminu Ado Bayero in the state.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
French Prime Minister Francois Bayrou on Wednesday survived a no-confidence vote in parliament, winning some breathing space after less than two months in office but still facing an uncertain future.
Tesla sales plunged in Germany last month, official data showed Wednesday, after billionaire owner Elon Musk waded into the country's election campaign by vocally backing the far right. Last month total electric car sales in Germany rebounded by over 53 percent from a year earlier, with 34,498 sold, the KBA data showed.
The federal government is raising fresh N758 billion debt to clear the outstanding pensions backlog. Debt Management Office (DMO) has gotten approval to go ahead
Nigeria's foreign exchange reserves have declined by $1.19 billion as the Central Bank of Nigeria (CBN) battles to stabilise the naira and repay foreign debts.
The US trade gap swelled last year to nearly $920 billion, according to government data released Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White House. This was wider than values for the trade gap with North American neighbors Canada and Mexico combined, and more than the gap with the European Union as well, according to government numbers.
The Nigerian currency depreciated slightly in the official and parallel foreign exchange markets on Tuesday, February 4, 2025, after a week-long gain.
Thousands of steelworkers took to the streets of Brussels on Wednesday to demand EU help for a sector whose decline is the subject of a documentary on show at Belgian cinemas. On Wednesday, several thousand workers marched through Brussels, waving trade union flags and holding signs reading "European Union, wake up!"
The Association of Bureau de Change Operators of Nigeria (ABCON) has expressed joy following the deadline extension by the CBN for dollar sales to BDCs
The European Commission announced Wednesday it would seek to impose new fees on e-commerce imports, as part of efforts to tackle a surge of "harmful" products into the bloc -- the bulk of them from China.
Economy
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