President Bola Ahmed Tinubu on Wednesday, December 10, reaffirmed the withdrawal of police escorts from very important personalities (VIPs) across Nigeria.
The Federal Government has annouced a massive programme that will train 1.3 million Nigerians in practical skills across 1,600 centres, offering stipends,
US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to remain elevated, but stressed that the central bank faces dual challenges moving forward. The reduction came while the independent central bank faced intensifying pressure from Donald Trump.
The Central Bank of Nigeria (CBN) has cut the benchmark interest rate to 27%, the first time in five years, following a myriad of economic achievements.
The Central Bank of Nigeria has cut its benchmark interest rate, for the first time in five years, easing credit conditions after disinflation, experts hail move.
On Monday, September 22, 2025, the naira experienced a mixed fortune in the official and parallel markets, closing at N1,488 and N1,517 per dollar, respectively.
The head of French defence company Dassault said on Tuesday his firm could build the future European fighter jet by itself, as tensions persist with Germany over the multi-billion-euro project. Both European leaders have expressed support for the fighter jet project but tensions between the two aerospace contractors have marred cooperation.
Atletico Madrid's owners are in advanced negotiations to sell a majority stake of the Spanish football club's shares to US private equity firm Apollo Global Management, according to various reports citing sources close to the deal.
The US central bank should preemptively address worsening labor market conditions by lowering interest rates, a top Federal Reserve official said Tuesday, warning that policymakers risk running "behind the curve." She warned that a shock could tip the labor market into a sudden and significant deterioration.
The EU said Tuesday it will seek a new one-year delay to sweeping anti-deforestation rules cheered by green groups but assailed by key trading partners from the United States to Indonesia. But the ban has faced opposition from trading partners, including Brazil and the United States, and some EU capitals, amid concerns over red tape, costs and lack of clarity over some aspects of the law.
The head of French defence company Dassault said on Tuesday his firm was capable of building the future European fighter jet by itself as tensions persist with Germany over the multi-billion-euro project. "The answer is yes," Trappier said when asked whether Dassault, the manufacturer of Rafale fighter jets, could build a sixth-generation fighter jet on its own.
Economy
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