Nigeria's 16th and current president, Asiwaju Bola Ahmed Tinubu, was on Friday, November 21, told to resign from his role. Legit.ng has the details.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address after being sworn in as the 47th president. "Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens," Trump added.
US tech multibillionaires -- including Elon Musk, Mark Zuckerberg, and Jeff Bezos -- were given prime positions at Donald Trump's inauguration on Monday, in an unprecedented demonstration of their power and influence in the White House.
Global tourism fully recovered from the Covid-19 pandemic in 2024 with 1.4 billion international tourist arrivals recorded worldwide due to "robust" demand from key markets, UN Tourism said Monday. The number of international tourist arrivals last year was 11 percent higher than the 1.3 billion recorded in 2023, reaching the level seen in 2019, the year before the pandemic paralysed travel.
Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official said Monday. Frederik Werning, Verdi trade union official and a member of the supervisory board at Germany's second-largest lender, said rumoured redundancies had caused "uncertainty among employees".
Social media giants including X and Facebook have agreed to step up efforts to tackle hate speech in the EU, the bloc said Monday as its digital rules face scrutiny with Donald Trump's return to the White House. The EU's announcement, coming on the day of Trump's inauguration, said the 12 platforms had agreed beef up a code first signed in 2016 detailing efforts to curb hate speech online.
As the CBN continues to push benchmark interest rates upward, manufacturing companies in Nigeria are now turning away from loans to seek alternative funds.
Syrian phone shop owner Abdel Razzaq Hamra was thrilled to finally be working in peace after years of being harassed and detained by security personnel enforcing an Assad-linked company's monopoly. Phone shop owners said security forces linked to Branch 215 of the Military Intelligence would raid their shops, while Shabiha -- pro-Assad militiamen -- also stalked the stores.
A statistics expert explains that the NBS is extended its tentacles to these areas, in order to provide answers and insights that policymakers can act on.
The Lagos state government will boost the rail transportation system by purchasing six new trains from China to help increase frequency of trips on the Blue Line.
Economy
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