The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
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Depot owners protest as Dangote slashes petrol price by N259
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Will Nigerians without tax ID be barred from operating bank accounts? FG clarifies
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Asian markets mostly rise on lingering trade deal optimism
Most Asian markets rose Monday as investors digested Donald Trump's latest trade war salvos that saw him threaten to hit the European Union and Mexico with 30 percent tariffs. In announcing his latest measures on Saturday, Trump cited Mexico's role in illicit drugs flowing into the United States and a trade imbalance with the European Union.
'Las Vegas in Laos': the riverside city awash with crime
Rising from the muddy fields on the Mekong riverbank in Laos, a lotus tops a casino in a sprawling city which analysts decry as a centre for cybercrime. Ostensibly an urban development project to attract tourists with casinos and resorts, away from official oversight international authorities and analysts say it quickly became a centre for money laundering and trafficking.
Tesla to offer shareholders chance to invest in xAI: Musk
Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X. "It's not up to me...
US conducts military exercises at Panama Canal
The United States military teamed with Panamanian police to conduct a series of new exercises aimed at protecting the Panama Canal, amid tensions over alleged Chinese influence along the prized trade route.
US senators aim to arm Trump with 'sledgehammer' sanctions against Russia
US senators on Sunday touted a bipartisan bill that would arm President Donald Trump with "sledgehammer" sanctions to use against Russia, ahead of a visit by the US special envoy to Ukraine. US special envoy Keith Kellogg is due to begin his latest visit to Ukraine while Trump said he would make a "major statement... on Russia" on Monday.
EU chief delays retaliation for US tariffs in search of deal
EU chief Ursula von der Leyen said Sunday that Brussels will continue to hold off on hitting back at US steel and aluminium tariffs, as it seeks a deal to avoid broader 30-percent levies. The EU tariff is markedly steeper than the 20-percent levy Trump had unveiled in April -- before hitting pause as markets went into meltdown. del/ec/djt
Naira slips as CBN injects $50 million into FX market amid soaring demand
The Central Bank of Nigeria (CBN) injected about $50 million into the forex market following the depreciation of the naira in the foreign exchange market.
France says Australia defence ties repaired after submarine row
France's defence relations with Australia have recovered after their 2021 bust-up over a major submarine contract, the country's ambassador said Sunday. "Now, the first pillar of our cooperation is defence and security, so we have a very good level of cooperation," the ambassador told AFP as French forces joined major military drills around Australia.
Trump's dealmaker name on the line in high stakes tariff talks
President Donald Trump set out early in his second term to fulfill a decades-long desire of reshaping US trade with the world, but the main outcomes so far have been discord and uncertainty.
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