The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
Economy
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FG to disburse $2.5bn YEIDEP fund: New date announced, youths warned against scammers
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Garri price crashes by N1,800 as FG inches closer to 2025 inflation target
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Luxury houses eye India, but barriers remain
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Many US Fed members inclined against December cut: minutes
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China, Netherlands move to resolve Nexperia chip row
Economy Latest News
US Treasury to take 'extraordinary measures' to avoid debt default
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office. On Friday, Yellen said: "The period of time that extraordinary measures may last is subject to considerable uncertainty."
Canada vows 'Trump tax' on US in response to tariffs: minister
Americans will be hit by a "Trump tariffs tax" if the US president-elect increases customs duties on Canadian products, the Canadian foreign minister said Friday, pledging a hard-hitting response in any trade war. "This would be the biggest trade war between Canada and the US in decades," Foreign Minister Melanie Joly said.
'More sad than shocked': TikTok users brace for ban
"I almost, like, don't know how to define myself without TikTok," content creator Ayman Chaudhary sighed, reflecting the consternation of millions over US authorities' scheduled banning Sunday of the hugely popular app. Until then, Ayman and countless other content creators have been left gloomily contemplating a future without TikTok.
US to tighten trade rules to hit low-cost China shipments
The United States unveiled a new rule Friday to tighten an exemption allowing low-value imports to enter the country duty-free, taking aim at Chinese shipments that might be benefiting from it. The proposal disqualifies certain products from the low-value, or "de minimis," exemption, which allows goods valued at $800 or below to come into the United States without paying duties or certain taxes.
At VW home base, Germany's Scholz vows to revive economy
Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen.
US grounds SpaceX's Starship rocket pending probe
The US Federal Aviation Administration on Friday grounded SpaceX's Starship pending an investigation by Elon Musk's company into why the rocket's upper stage dramatically disintegrated in a fiery cascade over the Caribbean during its latest test flight. But the triumph was short-lived when teams lost contact with the upper stage vehicle.
'A man of steel': Analyst hails Zacch Adedeji's impact on approval of tax bills
A tax expert, Atoyebi Arabirin Aderonke, has outlined the immense contribution of the Federal Inland Revenue Service Chairman, Zacch Adedeji, to tax bills.
Boost for naira as CBN records $6 billion external reserves growth
The Central Bank of Nigeria (CBN) has disclosed that Nigeria's external reserves grew by $6 billion in 2024, driven by the bank's robust policy changes.
Oyedele highlights key benefits of GDP rebasing to Nigeria's economy
Chairman of Tax committee, Taiwo Oyedele has listed out several benefits Nigeria stands to gain from rebasing GDP. He says it sends strong signal to investors
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