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.
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NNPCL raises alarm about internal sabotage, as EFCC continues $7.2 billion fraud probe
The NNPC leadership has raised the alarm of a syndicate actively spreading lies and misinformation to discredit its leadership and derail ongoing efforts.
UK govt climbs down on welfare cuts in latest U-turn
The UK government backed down Friday on controversial plans to slash disability and sickness benefits after a major rebellion by MPs, dealing a blow to Prime Minister Keir Starmer's authority. The prime minister has a massive majority of 165 MPs, meaning he should be able to force whatever legislation he wants through parliament.
US Fed's preferred inflation gauge picks up as tariff effects loom
The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed Friday, with policymakers monitoring the effects of President Donald Trump's tariffs in the coming months. But central bank officials have said they expect to learn more about the impact of tariffs over the summer, meaning they will be scrutinizing data in the coming months.
“₦550 per litre”, Marketers move to import cheaper fuel as Dangote, NNPCL increase pump price
The oil marketers said that they could negotiate as low N550 per litre along with other favourable terms, based on their numbers and volume to be purchased.
Naira appreciates in black market, narrows gap with official window
The Nigerian currency has gained in the parallel segment of the foreign exchange market on Thursday, June 26, 2025, rising from N1,610 to N1,575 per dollar
PenCom moves to hedge N24 trillion pension funds from inflation, tells PFAs what to invest in
As the purchasing power of the naira continues to drop, PenCom has recommended investment strategies for PFAs to optimise returns, ensuring long-term sustainability
Spain makes Booking.com scrap 4,000 tourist rental ads
Online hotel booking giant Booking.com on Friday said it had taken down thousands of advertisements in Spain in the leftist government's latest crackdown on illegal short-term tourist rentals. Spain has also ordered online tourist accommodation giant Airbnb to take down more than 65,000 adverts for violating licence rules and has been in a legal battle with the US-based company.
Nigeria Tops Global List of Countries With Highest Number of People Without Electricity
A 2025 World Bank report has revealed that Nigeria has the highest number of people without electricity, with 86.8 million individuals affected...
China confirms trade deal framework reached with United States
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls. Under the deal, China "will review and approve applications for the export control items that meet the requirements in accordance with the law".
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