Goodluck Jonathan has reportedly emerged as the sole presidential hopeful of the PDP ahead of the 2027 elections, according to fresh indications.
CBN has eased its cashless PTA and BTA rule, allowing 25% cash access for travellers. Discover key reforms in the new FX Manual aimed at boosting investor confidence
The Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance, lowering slightly above the official market window as naira gains.
US President Donald Trump said Thursday that he would impose an added 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing "unacceptable" fentanyl smuggling. Earlier this month, Trump already imposed a sweeping 10 percent tariff hike on imports from China, prompting Beijing to retaliate.
The high debt saddling the world's poorest countries needs an urgent reset to avoid multiple crises, African leaders said Thursday as they launched an initiative for debt relief and fairer borrowing terms.
French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States follows through with 25 percent tariffs announced by President Donald Trump. Trump threatened Wednesday to impose 25 percent tariffs on goods imported from the European Union.
As the Tour de France this week unveiled its fourth foreign start in five years in Barcelona, organisers could point to the financial logic while fending off political criticism from those who believe the world's greatest cycling race should exclusively showcase its home country. For Amaury Sport Organisation (ASO), the company that owns the Tour, the financial logic is clear.
The federal government is ramping up efforts to create jobs for Nigerian youths especially in ICT. Dr. Bosun Tijani, has explained the role of the new ICT hub.
Tesla founder Elon Musk's role in the Trump administration has risked isolating the firm's traditionally liberal customers in its home market but consumers in US trade rival China seemed largely indifferent on Thursday. Despite intense competition from domestic brands, chief among them BYD, Tesla remains one of the best-selling EV brands in the world's largest auto market.
An Audi factory in Brussels billed as the "cradle" of the German carmaker's electric drive is shutting down production for good on Friday, the latest sign of the woes afflicting Europe's auto industry. Audi, a subsidiary of German auto giant Volkswagen, gave several factors for closing the Brussels plant, the largest private employer in the Belgian capital.
As the NPA increased port tariffs take effect in two days, there are tensions among businesses and importers. The projections are not looking good.
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