It was another sad story in the National Assembly as Senate Okey Ezea, the last man standing in the Labour Party, has reportedly died outside the country.
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 US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering. Analysts now broadly expect a 25 basis points rate cut at the end of its two-day meeting on Wednesday, as hiring slows.
The Central Bank of Nigeria's (CBN) intervention in the foreign exchange rate has crashed the US dollar, leading to the naira's appreciation in all markets.
A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump's administration to undercut efforts against climate change. Democrats had anticipated the move after they obtained documents in the spring that indicated the change was planned.
Boeing workers at its St. Louis area defense factories will stay on strike after union members voted Friday to reject a new contract offer from the US aviation giant. "We're disappointed our employees have rejected a five-year offer, including 45 percent average wage growth," said Dan Gillian, a senior St. Louis site executive with Boeing.
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.
France on Friday risks a downgrade on its ability to pay back debts, economists said, a move that would further complicate new Prime Minister Sebastien Lecornu's task of drawing up a budget for next year.
Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his company, citing LVMH, EssilorLuxottica or L'Oreal as potential buyers. He named French luxury giant LVMH, cosmetics group L'Oreal and eyewear firm EssilorLuxottica as his preferred buyers, although another of similar stature would also be acceptable.
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.
Economy
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