President Bola Tinubu has been told to remove Nyesom Wike as FCT Minister in a fresh development amid move by the Rivers assembly to sack Governor Siminalayi Fubara.
The Federal Government has launched YouthCred, a new scheme allowing Nigerian youths aged 18–39 to access loans up to N5 million with flexible repayment terms.
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.
Panamanian President Jose Raul Mulino on Wednesday accused his US counterpart Donald Trump of "lying" about Washington taking back the Panama Canal.
Economy
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