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.
Italy's cabinet opened the door Friday to a return to nuclear power, aiming to overturn nearly 40 years of opposition -- though experts say any revival is at least a decade away. In a 10-year energy and climate plan published last year, Rome said it aims to install enough nuclear capacity by 2050 to generate between 11 percent and 22 percent of the power it uses.
Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer that the tech titan acquired in 2011. Online auction site eBay acquired Skype in 2005 for approximately $2.6 billion, but the expected synergies never panned out, and in 2009, eBay sold a majority stake to a group of investors, who then sold it to Microsoft.
There will now be strict conditions for approving flight schedules, and airlines that fail to comply will not get approval. FG has listed something that must be done
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
Economy
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