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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Mixed fortunes as naira reverses two-week gain amid surge in reserves
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Shoprite stores close in two states as Lagos, Abuja outlets struggle with empty shelves
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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Will Nigerians without tax ID be barred from operating bank accounts? FG clarifies
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Big automakers report US sales jump on pre-tariff consumer surge
Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the second quarter on Tuesday as consumers fast-forwarded purchases ahead of US tariffs.
Lagos state declares end of single-use plastic, begins sealing shops as 180-day amnesty ends
The Lagos state ban targets plastic materials below 40 microns, because they pose major environmental threats, clog the drainage channels and pollute the ecosystem.
French league launches own channel to broadcast Ligue 1
The French football league (LFP) announced on Tuesday the creation of its own channel to broadcast Ligue 1 matches next season, after clubs voted in favour of ending a deal with DAZN. An agreement was struck for a "TV and digital platform entirely dedicated to Ligue 1" following a meeting of club presidents, the LFP's board of directors and representatives of its commercial arm, LFP Media.
FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
In a move to support the federal government's project and transition Nigeria to cleaner, safer energy, BUA group has partnered to distribute free cylinders.
UN aid meeting seeks end to Global South debt crisis
More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing countries' ballooning debt, but deciding how is proving more divisive.
IMF urges Swiss to strengthen bank resilience
The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse. Credit Suisse, Switzerland's second-biggest bank, was among 30 international banks deemed too big to fail due to their importance in the global banking architecture.
Trump ramps up Musk feud with deportation, DOGE threats
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech tycoon and strip federal funds from his businesses for criticizing Trump's flagship spending bill. And he has pledged to fund challengers against lawmakers who campaigned on reduced federal spending only to vote for the bill.
Trump says will 'take a look' at deporting Musk
US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill. We'll have to take a look," Trump told reporters at the White House when asked if he would consider deporting Musk.
Greece starts charging tourist tax on cruises
Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent's most popular destinations. Greece adopted the legislation last year in an effort to curb soaring tourist numbers to often-overcrowded destinations, the latest country in Europe to take such measures.
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