President Bola Tinubu and APC have taken a strong action against the fresh forgery claim made by former Vice President Atiku Abubakar. You should read the details.
Naira falls to N1,329.21 per dollar as FX supply shortages revive demand pressure, while turnover hits $94.43m and reserves rise above $54.28bn amid oil surge
Shipbuilding has been in steady decline in the US since the end of the Cold War but some in the industry now hope for a revival of the sector, as was promised last week by President Donald Trump. Trump has now promised to reverse this, declaring in an address to Congress on Tuesday that he would "resurrect" the sector and create an Office of Shipbuilding in the White House.
Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging top producers Ivory Coast and Ghana, where crops have been ravaged by climate change and disease. - 'Full-sun' monocrop - Ivory Coast is by far the world's top grower, producing more than two million tonnes of cocoa beans in 2023, followed by Ghana at 650,000 tonnes.
Unprecedented cuts to the US government overseen by President Donald Trump's billionaire advisor Elon Musk are sending thousands of federal workers and contractors back to the labor market -- but experts warn that hiring is low at this time. - Low hiring rate - "It could be quite hard to find alternative employment if there's a big flood of people onto the market at once," Sojourner warned.
The SEC Director General noted that women are often empathetic and eager to explore opportunities that would secure the financial futures of their families.
The NADDC's end-of-life vehicle policy will open up vacancies in the industry, with recyclable volumes in Nigeria estimated to be worth billions of dollars.
US President Donald Trump imposed vast tariffs this week on key partners Canada and Mexico, roiling cross-border ties before offering temporary relief to manufacturers -- but with more levies kicking in next week, the respite may be fleeting.
US President Donald Trump said Friday that he could impose reciprocal tariffs on Canadian dairy and lumber within days -- a move set to fuel tensions with Ottawa just days after an earlier wave of levies. On Friday, Trump signaled that such levies could come as soon as Friday: "Canada has been ripping us off for years on tariffs for lumber and for dairy products."
US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald Trump's economic policies and their effects, but maintained that the central bank need not rush to adjust interest rates. He also remained cautious in assessing the effects of household and business uncertainties over economic prospects.
The National Bureau of Statistics (NBS) has revealed that Nigeria recorded a trade surplus of over N16 trillion, driven by crude oil exports to various countries.
Economy
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