FCT High Court orders the arrest of former minister Sadiya Umar Farouq and Permanent Secretary Bashir Nura Alkali for failing to appear over corruption charges.
NESG has called on the government to amend key economic laws, including the Nigeria Tax Act, the PIA, and the Electricity Act, to improve the business environment.
The global tariff war has affected the Nigerian currency leading to the naira depreciating for two weeks in the official parallel foreign exchange markets.
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition.
Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development announced Monday. Lee died peacefully on Monday evening in the company of his family, Henderson said in a press release.
The Central Bank of Nigeria has revealed that businesses are optimistic about the state of the economy and expressed readiness to employ more Nigerians.
A policy analyst, Aderonke Atoyebi has revealed that the economic policies of President Bola Tinubu is positively affecting the Nigerian economy.
It is coming as a surprise to many to find out that Nigeria exports billions of naira worth of electricity, despite the many challenges and unstable power supply
Countries must move rapidly to slash CO2 emissions from homes, offices, shops and other buildings -- a sector that accounts for a third of global greenhouse gas pollution, the United Nations said Monday.
US retail sales logged smaller gains than expected in February according to government data released Monday, edging up from an earlier decline with all eyes on consumer spending strength amid growing worries of a recession. - Risk of weakness - From a year ago, retail sales were up 3.1 percent in February, the government data showed.
A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such supplier to keep a financial lifeline as it drowns under massive debt. Thames is scrambling to find fresh sources of funding, including appealing to the UK water regulator to be allowed to hike bills more than granted.
Economy
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