The ruling APC and the presidency on Tuesday, November 18, strongly reacted after new PDP chairman Kabiru Turaki sought help from US President Donald Trump.
The Federal Government has reopened the YEIDEP 2025 portal, offering Nigerian youths aged 18–35 grants of N50,000 to N500,000 with required documents.
The Nigerian currency is gaining momentum against the dollar, maintaining a week-long winning streak in the official and parallel markets, followed by reserves rise.
Chancellor Friedrich Merz on Monday appointed a "personal representative for investment" charged with bringing new business to Germany as part of efforts to revive the struggling economy. Fixing the struggling economy has been a priority for Merz, from the conservative CDU, since he was elected as chancellor earlier this year.
No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.
Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's shareholders before the October 7 deadline to accept its hostile bid. BBVA said it would not make further improvements to the bid or extend the deadline for shareholders to accept it.
The Central Bank of Nigeria, under Yemi Cardoso, marks two years in office, highlighted by several reforms aimed at stabilising the naira and the economy.
The new chief of Germany's beleaguered rail network vowed Monday to make a new start, with the state-owned operator widely criticised for deteriorating services. Schnieder nevertheless vowed "many billions" would help get the network back on its feet, with 100 billion euros ($118 billion) earmarked for renewing it by 2029.
British luxury fashion label Burberry rejoined London's FTSE 100 on Monday, one year after exiting the top-tier stock index, and ahead of unveiling its latest collection at London Fashion Week. Burberry, vowing to win back customers with its signature outerwear, including its famed trench coats, will close out London Fashion Week on Monday evening with its runway show.
Countries are still planning to increase production of fossil fuels to levels incompatible with global commitments on climate change, according to new research published on Monday. They "must commit to reversing the continued expansion of global fossil fuel production" in these crucial national climate plans, the report stated.
Asian markets fluctuated between gains and losses Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut. Tokyo was the stand-out performer Monday, rising more than one percent, after the Bank of Japan said it would sell its ETFs -- bought as part of a campaign of monetary easing aimed at kickstarting the sluggish economy -- gradually.
Economy
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