The Lagos state ban targets plastic materials below 40 microns, because they pose major environmental threats, clog the drainage channels and pollute the ecosystem.
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Trump says will 'take a look' at deporting Musk
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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FG invites Nigerians to apply for N50k for their business, releases link
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French league launches own channel to broadcast Ligue 1
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Nigerians experience blackout in 6 states as FG commences repairs on national grid
Economy Latest News
Italy bank merger wave heats up as Mediobanca eyes Banca Generali
Italian bank Mediobanca, itself battling to fend off a hostile takeover by a rival, announced on Monday a 6.3-billion-euro ($7.2 billion) bid to buy wealth management firm Banca Generali. Mediobanca is itself trying to fend off a hostile takeover by state-backed Banca Monte Paschi di Siena (MPS) as the Italian banking industry sees a wave of hostile bids.
China says on 'right side of history' in trade standoff with US
A top Chinese economic official on Monday said Beijing was on the "right side of history" in its gruelling trade war with the United States. Speaking in Beijing at a news conference at which officials vowed greater steps to shield China's flagging economy from the impact of the standoff, senior economic planner Zhao Chenxin said Beijing was "on the right side of history".
NDIC disburses N46.6 billion to Heritage Bank depositors, sends message to creditors, shareholders
NDIC has disbursed the first tranche of monies recovered from liquidating Heritage Bank assets. Depositors who are yet to get their payments are to lodge a complaint
Dangote Refinery reacts to reports of shutting down petrol processing unit for repairs
Dangote Refinery has reacted to a Bloomberg report claiming that fuel supply could be impacted in West Africa due to an ongoing maintenance of a key unit.
Traders lament as demand for rice remains low, even as prices crash by N22,000 again
Nigeria Customs Service recently released a report to show that rice smuggling is still at all-time high, and this influx has reflected on the price of rice.
Asian markets mixed as investors eye trade talks
Asian stocks were mixed Monday as investors assess how the land lies on the trade war front with countries seeking to temper Donald Trump's eye-watering tariffs. The discussions will be closely watched as a barometer for efforts by other countries seeking tariff relief.
Smart driving new front in China car wars despite fatal crash
Intelligent driving features are the new battleground in China's merciless car market, with competition spurring brands to world-leading advances -- but a recent fatal crash has seen the government intervene to put the brakes on runaway enthusiasm. - Then came a fatal accident in March involving a Xiaomi SU7 that had been in assisted driving mode just before it crashed.
Cardoso, Wale Edun speak on reforms, set inflation, economic growth targets
The Central Bank of Nigeria Governor, Yemi Cardoso and Finance Minister Wale Edun held a joint press conference and shared targets for the economy.
Kerosene scarcity hits consumers hard, marketers explain reasons for shortage
Household kerosene has become scarce and expensive in Nigeria as marketers attribute the situation to low consumer demand, slow sales, and others.
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