EFCC has come under fire after sealing the residence of top minister under the administration of late Muhammadu Buhari in Abuja. The ex-minister is not in Nigeria.
The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
Crucial for making smartphones, fighter jets and electric cars, "rare earth" metals have become a strategic bargaining chip since main producer China this year introduced restrictions on their exports. - Fighter jets, golf clubs - Aviation is a major consumer of rare earths, especially for military plane manufacturing.
San Francisco is suing makers of the ultra-processed food that health experts say has led millions of Americans into obesity during decades of over-consumption, the city said Tuesday. "These companies created a public health crisis with the engineering and marketing of ultra-processed foods," San Francisco City Attorney David Chiu said.
US President Donald Trump on Tuesday hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year. Hassett, a PhD economist, is currently chair of the National Economic Council, a White House body which advises the president and his cabinet on policymaking.
Faberge's The Winter Egg, considered one of his most beautiful creations, sold for nearly £23 million ($30 million) at auction Tuesday in London, smashing the sales record for the legendary jeweller of Imperial Russia.
Nigeria has raised $2.25 billion through a heavily oversubscribed dual-tranche Eurobond issuance, according to a report by the Debt Management Office (DMO)
Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push to compete with Nvidia in the lucrative market for artificial intelligence computing power.
The services sector maintained the lead over other non-oil sectors as Nigeria recorded 3.98% GDP growth in Q3 2025, down from 4.23% in the previous quarter.
The Nigerian Foreign Exchange Market (NFEM) experienced a massive dollar inflows to the tune of $841 million in the past week, leading to the naira's appreciation.
Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion). Versace's lustre had been waning in recent years, unlike that of the Prada Group, which is in robust health, fuelled by strong sales of its younger Miu Miu Line.
Economy
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