
The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
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.
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.
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.
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.
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 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.
Nigeria's growing indebtedness has become a cause for concern. Legit.ng reported that Nigeria borrowed over N4.7 trillion within the first 3 months of 2025.
Republican senators struggled Tuesday for a second day to pass President Donald Trump's flagship spending bill, which would slash welfare programs for the poor while adding an eye-watering $3 trillion to the national debt. And even with the spending cuts, the bill would still add more than $3.3 trillion to the nation's already yawning budget deficits over a decade.
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