Peter Obi receives a significant political boost ahead of the 2027 election as a former first lady publicly declares her support for his candidacy.
Nigerians can now apply for interest-free loans up to ₦300,000 via GEEP for 2026, supporting micro and small enterprises, fostering financial inclusion and growth.
The world's second largest diamond could soon find a new home in a museum or a sheikh's collection -- but first needs to be properly evaluated, the Belgian firm holding it told AFP Monday. The firm is showcasing the Motswedi as part of a collection of four gems -- including the world's third largest diamond -- which were recently discovered at the same mine.
The Nigerian currency is gaining momentum against the dollar, maintaining a week-long winning streak in the official and parallel markets, followed by reserves rise.
Chancellor Friedrich Merz on Monday appointed a "personal representative for investment" charged with bringing new business to Germany as part of efforts to revive the struggling economy. Fixing the struggling economy has been a priority for Merz, from the conservative CDU, since he was elected as chancellor earlier this year.
No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.
Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's shareholders before the October 7 deadline to accept its hostile bid. BBVA said it would not make further improvements to the bid or extend the deadline for shareholders to accept it.
The Central Bank of Nigeria, under Yemi Cardoso, marks two years in office, highlighted by several reforms aimed at stabilising the naira and the economy.
The new chief of Germany's beleaguered rail network vowed Monday to make a new start, with the state-owned operator widely criticised for deteriorating services. Schnieder nevertheless vowed "many billions" would help get the network back on its feet, with 100 billion euros ($118 billion) earmarked for renewing it by 2029.
British luxury fashion label Burberry rejoined London's FTSE 100 on Monday, one year after exiting the top-tier stock index, and ahead of unveiling its latest collection at London Fashion Week. Burberry, vowing to win back customers with its signature outerwear, including its famed trench coats, will close out London Fashion Week on Monday evening with its runway show.
Countries are still planning to increase production of fossil fuels to levels incompatible with global commitments on climate change, according to new research published on Monday. They "must commit to reversing the continued expansion of global fossil fuel production" in these crucial national climate plans, the report stated.
Economy
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