A reliable source within the presidency has outlined the single state President Bola Tinubu is likely to approve amid pressure from the South-East.
Nigeria's financial regulators list 13,417 fraud-linked individuals on a central portal amid rising fraud losses, urging tighter controls to enhance security.
The Bank of Industry has launched the GLOW Fund, a ₦10 billion initiative to help women entrepreneurs access guaranteed loans and grow their businesses easily.
US authorities on Tuesday unsealed an indictment against Chen Zhi, a UK-Cambodian businessman accused of running forced labor camps in Cambodia where trafficked workers carried out cryptocurrency fraud schemes that netted billions of dollars.
Scam centres in Myanmar blamed for swindling billions from victims across the world are expanding fast just months after a crackdown that was supposed to eradicate them, an AFP investigation has found. China, Thailand and Myanmar forced pro-junta Myanmar militias who protect the centres into promising to "eradicate" the compounds in February.
China, the European Union and several other members of the International Maritime Organization reaffirmed their support on Tuesday for ambitious plans to cut shipping emissions, despite US threats.
US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world's leading economy.
Chipmaker Nexperia said Tuesday the Chinese government had banned it from exporting goods from China, after Dutch authorities seized control of the Netherlands-based firm citing management concerns.
An EU proposal aimed at improving animal transport conditions has hit a wall two years after its introduction, with negotiations deadlocked and its future uncertain.
US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths. His comments came days after Beijing imposed fresh controls on the export of rare earth technologies and items.
The International Monetary Fund on Tuesday lifted its outlook for global growth this year, flagging a milder-than-expected economic hit from President Donald Trump's tariff policies while warning of risks ahead.
Economy
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