
Latest data from NBS showed that once again Nigeria’s inflation in August 2025 as headline dropped to 20.12% while food slowed to 21.87 per cent.
Latest data from NBS showed that once again Nigeria’s inflation in August 2025 as headline dropped to 20.12% while food slowed to 21.87 per cent.
The governor of the Central Bank of Nigeria (CBN) has revealed that about eight Nigerian banks have met the recapitalisation target ahead of March 31, 2026.
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has decided on the benchmark interest rate, as well as the Cash Reserve and liquidity ratio.
Struggling French video games giant Ubisoft shed light on a far-reaching reorganisation of its business Tuesday, as it reported disappointing sales in April-June.
Kwara Assembly raises concern over soaring flight ticket prices at Ilorin Airport, citing monopoly by few airlines. Residents demand increased competition.
US President Donald Trump voiced confidence Tuesday at reaching a trade deal with the Philippines to ease his threatened tariffs as he welcomed his counterpart Ferdinand Marcos to the White House. A big trade deal, actually," Trump said as he met Marcos in the Oval Office.
The Chairman of the Federal Inland Revenue Service (FIRS), Zaach Adedeji, revealed how Nigeria's tax reform will lead to national transformation and not bureaucracy.
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast. Profits overall fell 35.4 percent to $1.9 billion year-on-year, with a $1.1 billion hit from tariffs accounting for much of the drop.
Major social media platforms are enabling and profiting from misinformation around extreme weather events, endangering lives and impeding emergency response efforts, a research group said Tuesday. "The influence of high-profile conspiracy theorists during climate disasters is drowning out emergency response efforts," the report said, adding that the trend was "putting lives at risk."
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a sweeping review of the Fed. The Treasury chief had told CNBC earlier in the day that "what we need to do is examine the entire Federal Reserve institution and whether they have been successful."
Economy
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