United States (US) president, Donald Trump, on Friday, March 6, 2026, signalled intent to end the war with Iran, but the 79-year-old set a major condition.
Naira weakens by N25 in the parallel market as demand for US dollars rises, widening the gap with official rates amid Central Bank interventions.
General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President Donald Trump's tariffs and slashing of economic support for electric vehicles. On Tuesday, she thanked "the President and his team" for adjusting tariff policies, including a shift on Friday that lets the company offset some of the costs of tariffs on imported parts through 2030.
Denmark's Novo Nordisk said Tuesday it would replace more than half of its board, including the chair, as the Ozempic and Wegovy maker restructures in the face of rising competition for its anti-obesity treatments.
French luxury company Hermes on Tuesday announced that a British designer, Grace Wales Bonner, is taking over its men's pret-a-porter collection from a predecessor who held the position for nearly four decades. Wales Bonner takes over from French designer Veronique Nichanian, 71, who led the label's menswear line for the past 37 years.
The five heirs to Argentinian football legend Diego Maradona, who died in 2020, have signed a deal with Swedish-Iranian businessman Ash Pournouri and his company Electa Global to market products under the Maradona name, the Swedish company said Tuesday.
Stiff US tariffs on Switzerland badly hurt the Alpine country's exports in the third quarter, official figures showed Tuesday, with Swiss watchmakers suffering badly. First-quarter exports soared as orders for Swiss pharmaceuticals jumped in the US, where American importers were rushing to get ahead of Trump's tariffs.
UK government borrowing reached a five-year high in September, official data showed Tuesday, adding pressure to the government ahead of its annual budget. The public deficit between April -- the start of the UK fiscal year -- and September hit £99.8 billion ($133.6 billion), the Office for National Statistics (ONS) said in a statement.
In October 2025, the Nigerian government launched a 12-month paid internship programme to provide training for the youth, with a N150,000 monthly stipend.
The Petroleum Training Institute (PTI) is working on building a new modular refinery which is expected to increase Nigeria local refining and capacity building
European airlines are starting to become prudent when promoting flight carbon-offset measures, such as reforestation, following courtroom losses and stepped-up pressure by regulators.
Economy
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