Dele Momodu defended El-Rufai’s ADC campaign role despite his detention, calling him a prisoner of conscience and a key political force in the Northwest today.
Naira weakens to N1,328.50 at official market as dollar demand rises; reserves hit $54.808bn and Brent tops $102 amid global rate and geopolitical pressures.
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect.
Swiss lawmakers voted Wednesday in favour of enshrining cash in the country's constitution as mobile and card payments have taken a dominant position.
US Commerce Secretary Howard Lutnick said an announcement on Canada and Mexico tariffs was expected later Wednesday, signaling potential relief for specific sectors such as automobiles, a day after the steep levies took effect. He said he expects an announcement to be made Wednesday afternoon.
The Dangote Petroleum Refinery and the Nigerian National Petroleum Corporation Limited (NNPC) have adjusted fuel prices as competition intensifies.
The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation.
The Central Bank of Nigeria (CBN) has reduced the Customs foreign exchange rate for import duty following the appreciation of the naira in the forex market.
Panamanian President Jose Raul Mulino on Wednesday accused his US counterpart Donald Trump of "lying" about Washington taking back the Panama Canal.
The foreign reserves decline in February is an even bigger drop compared to the decline recorded in January 2025, raising concerns among economists.
The Debt Management Office (DMO) has opened for subscription two FGN Savings bonds at an interest rate of 16.64% and 17.64%, respectively for March 2025.
Economy
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