Tension has gripped a major community far from Sokoto, where US recently bombed terrorist hideout as a missile was discovered in another northern state.
The Central Bank of Nigeria mandates banks to enhance cash availability, enabling a stress-free festive season for Nigerians amid rising digital transactions.
The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, although it remained stuck above the bank's long-term target. While inflation has remained stuck above the bank's long-term two percent target, economic growth has remained robust, and the labor market has stayed healthy, with unemployment hugging close to historic lows.
Hopes of a trade deal between Britain and the United States, reignited by President Donald Trump's positive comments after meeting Prime Minister Keir Starmer this week, prompted cautious optimism Friday from a UK business sector keen to avoid tariffs.
Zeal Akaraiwe, the chief executive Graeme Blaque, said the current alignment of the official and black markets was due to the raft of policies implemented by CBN.
Beavers will soon be released into waterways in England under a new scheme launched on Friday, signalling a return to the wild for an animal once hunted to extinction. Each project would need to supply a 10-year plan to support the animals' return to the wild, while the government has also promised help for farmers who make space for beavers on their land.
Experts are worried that the Central Bank of Nigeria's order to banks on insider loans could result in some financial report fraud in theh insudtry.
In a followup to the earlier callout of the federal government's airport concession plans, the aviation unions have released a list of demands to be met in 14 days
The federal minister for power, Chief Adebayo Adelabu noted that it is no longer sustainable for the government to keep piling huge debts that hinder the sector.
India will finalise a "mutually beneficial" free trade deal with the European Union by the end of this year, Prime Minister Narendra Modi said Friday after meeting with EU chief Ursula von der Leyen. "We have asked our teams to work out a mutually beneficial bilateral free trade agreement by the end of this year," Modi said in New Delhi.
The minister described the price difference between band A electricity tariffs, and other bands as unfair. He promised that the government would close the gap.
Economy
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