About seven million Nigerian families will receive cash transfers before the end of 2025, as the Nigerian government has said it has disbursed N300bn to Nigerians
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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Depot owners protest as Dangote slashes petrol price by N259
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Mixed fortunes as naira reverses two-week gain amid surge in reserves
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Shoprite stores close in two states as Lagos, Abuja outlets struggle with empty shelves
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Step-by-step guide to applying for FG’s Presidential Conditional Grant scheme, deadline in 6 days
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G20 leaders to grapple with climate, taxes, Trump comeback
G20 leaders gather in Brazil on Monday to discuss fighting poverty, boosting climate financing and other multilateral initiatives that could yet be upended by Donald Trump's impending return to the White House. - Taxing billionaires - The summit will open on Monday with Lula, a former steelworker who grew up in poverty, launching a "Global Alliance against Hunger and Poverty."
Disgraced Singapore oil tycoon to be sentenced for fraud
The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud. Prosecutors said he tricked HSBC into disbursing nearly $112 million by telling the bank that his firm had entered into oil sales contracts with two companies.
China's Xi says to 'enhance' ties with Brazil as arrives for G20: state media
Chinese leader Xi Jinping said he was seeking to "further enhance" ties with Brazil as he arrived Sunday for a state visit and a G20 summit, state media said.
'Devil is in the details,' EU chief says of S.America trade deal
EU chief Ursula von der Leyen said Sunday "the devil is always in the details" as she spoke of a budding South America trade deal that France has vowed to block at all costs. But it "won't proceed without political agreement" among the bloc's member states, one official in von der Leyen's entourage told AFP. Von der Leyen was to meet Sunday with Brazilian President Luiz Inacio Lula da Silva.
Macron defends French farmers in talks with Argentina's Milei
President Emmanuel Macron on Sunday defended France's resistance to a much-touted trade deal between the European Union and South American countries in talks with his Argentine counterpart Javier Milei in Buenos Aires.
Debt-saddled Laos struggles to tame rampant inflation
Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging. A growing number of households are so desperate for food that they are now having to forage to supplement their diets, according to a World Bank household survey earlier this year.
Climate finance can be hard sell, says aide to banks and PMs
Trillions of dollars are needed to make poorer nations more resilient to climate change, and studies have estimated that every $1 invested today will save at least $4 in future. - Political jitters - But governments are limited in the amount they can borrow, he said, and reluctant to dip into their budgets for climate adaptation in poorer nations.
Egypt's middle class cuts costs as IMF-backed reforms take hold
Egypt's economy has been in crisis for years, but as the latest round of International Monetary Fund-backed reforms bites, much of the country's middle class has found itself struggling to afford goods once considered basics. For some, this has extended to cutting back on even the most basic goods -- such as milk.
Beirut businesses struggle to stay afloat under Israeli raids
Lina al-Khalil has fled her south Beirut home to escape escalating Israeli attacks on Hezbollah, but she still returns daily to the bombarded area to keep the family business running. - 'Hide-and-seek' - South Beirut grocer Mehdi Zeitar, in his 50s, has had to find a place to live after an Israeli strike destroyed his home.
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