Ex Nigerian vp, Atiku Abubakar’s bloc had sought a southern running mate for 2027, considering Peter Obi and one other as options to challenge Bola Tinubu.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
Lagos State has retained its position as the Nigerian state with the highest internally generated revenue for 2024, followed by Rivers, and the FCT.
At the foot of the Simandou mountains in southeast Guinea's lush tropical forest, thousands of workers, trucks and excavators are digging up the hills. "When you look at the Simandou railway's route, it passes very far from all of Guinea's major cities," he said.
Gold prices broke $4,000 for the first time Wednesday as investors piled into the safe haven over expectations for US interest rate cuts and worries over the US government shutdown. Gold -- long considered a go-to in times of uncertainty -- climbed to a high of $4,006.68 Wednesday, even as the dollar has pushed up against most of its peers in recent days.
When Donald Trump was elected, Indian garment exporter R.K. Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom. "We cannot give that much," said Sivasubramaniam, whose desk carries crossed US and Indian flags.
President Donald Trump said Canadian Prime Minister Mark Carney would be "very happy" after their trade talks at the White House Tuesday, but offered no immediate concessions on lifting steep US tariffs. But Carney, who faced pressure at home to get a deal during his second White House visit since taking power in April, left without any firm promises that tariffs would be lifted.
AI-related goods and a surge in exports to the United States to beat President Donald Trump's tariff hikes boosted global merchandise trade growth this year, the World Trade Organization said Tuesday.
The Nigerian government has disclosed its plans to borrow an additional $2 billion loan to develop a national super grid to prevent frequent collapses.
Wall Street stocks edged higher early Tuesday, extending an upbeat stretch as markets continue to look past a US government shutdown that has curtailed economic data releases. "Market participants are looking at the government shutdown with an historical lens and saying that in large part, it doesn't affect the market or the economy," said Art Hogan of B. Riley Wealth Management.
The Nigerian currency has been ranked as one of the world's most competitive currencies after surging in the foreign exchange market to N1,450 per dollar.
Economy
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