Former President Olusegun Obasanjo has finally taken action over Ayo Fayose's $20,000 collected to attend the ex-Ekiti state governor's birthday.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Manufacturers are calling on the government to ensure full implementation of the new minimum wage, in order to increase Nigerians purchasing power in 2025
Amid much controversies about the VAT reforms, a report has shown that federal MDAs generated over N7 billion VAT, mostly collected from contractors
The EU accused China on Tuesday of discriminating against European medical device producers in public contracts and warned of "decisive action" unless the issue can be resolved through dialogue with Beijing. "We have found that China is discriminating against EU medical devices producers in bids for public contracts," the bloc's trade chief Maros Sefcovic said in a statement.
After a year of persistent inflation increase, Cowry review is predicting that December 2024 inflation figures will go higher still due to the yuletide influence
CO2 emissions from road transport could peak worldwide this year thanks to rapid growth in electric vehicles and stricter new regulations, a German think tank said Tuesday. The think tank, however, warned that a weakening of current environmental standards for road transport could lead to the peak being delayed.
Britain's finance minister Rachel Reeves is expected to address parliament Tuesday to try and regain the confidence of markets in the face of rising pressure over the country's struggling economy. She has my full confidence," Prime Minister Keir Starmer told parliament Monday as he faced a barrage of questions over her future as finance minister.
TikTok on Tuesday labeled as "pure fiction" a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk as the firm faces an American law requiring imminent Chinese divestment.
After more than five years since the first move was made, Nigeria's vehicle financing scheme is finally set to take off. The scheme will provide soft car loans
NATO countries on the Baltic Sea met in Helsinki on Tuesday, looking to boost security following the suspected sabotage of undersea cables, widely blamed on Russia. NATO said in late December it would increase its presence in the region following the suspected sabotage of undersea cables between Finland and Estonia but it has yet to announce an official operation.
Economy
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