Former vice president Atiku Abubakar might be having a tough time within the ADC as his strong allies have started dumping the party ahead of the 2027 elections.
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has clarified the government's position on TINs on bank accounts.
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.
Global infrastructure investor, Bayo Ogunlesi, has explained plans to invest in three key critical sectors of Nigeria's economy after a meeting with President Tinubu
German industrial orders unexpectedly fell in August, marking a fourth straight month of decline, official data showed Tuesday, the latest blow to the government's efforts to reboot the ailing economy. Analysts surveyed by financial data firm FactSet had predicted an increase of one percent in August.
Solar and wind farms generated more electricity than coal for the first time on record this year, but US and Chinese policy shifts are slowing growth, putting a global 2030 target out of reach, reports said on Tuesday. The report found that solar power generation jumped by a record 31 percent in the first six months of 2025, far outpacing wind, which grew 7.7 percent.
Torrential rains that triggered deadly landslides and floods in India's Darjeeling region also destroyed swathes of premier tea estates, officials said Tuesday. Landslides destroyed more than 500 houses, forcing hundreds into temporary shelters, while tourists trapped by floodwaters were rescued by earthmovers, officials said.
The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.
The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday. - Is the AI investment frenzy a bubble right now?
Japanese stocks hit another record Tuesday, building on the previous day's surge following the election of a pro-stimulus advocate to lead the country's ruling party, while gold also pushed to a new high amid the US government shutdown and French political upheaval.
Economy
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