Trump Moves to Eliminate Penny Production to Curb Government Spending
In a bid to reduce government waste, U.S. President Donald Trump announced on Sunday that he has directed the Treasury to halt the production of penny coins, citing their high…
In a bid to reduce government waste, U.S. President Donald Trump announced on Sunday that he has directed the Treasury to halt the production of penny coins, citing their high…
President Donald Trump revealed on Sunday that the United States will impose a 25% tariff on steel and aluminum imports this week, marking the latest in a series of trade…
The Nigeria Civil Aviation Authority (NCAA) announced on Friday the revocation of the Air Operator Certificates (AOCs) of Eastwind Aviation Logistics Services Limited and Omni-Blu Aviation. In a statement posted…
The Central Bank of Nigeria (CBN) has announced the approval for the release of the Nigerian Foreign Exchange (FX) Code. This Code is intended to serve as a guideline to…
The Federal Government has announced that the Presidential Compressed Natural Gas (CNG) initiative has attracted $175 million in private sector investments towards critical infrastructure over the past year. This update…
The Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Moji Adeyeye, has debunked rumors suggesting that the agency has warned Nigerians against consuming bread.…
Oil prices remained stable on Thursday after a four-day decline, supported by a drop in US fuel inventories. Brent crude futures rose by 31 cents, or 0.41%, to $76.36 per…
Oando Plc has completed the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. The deal, finalized on Thursday, significantly strengthens Oando’s position…
Fidelity Bank has rejected the allegations made by the Nigerian Data Protection Commission (NDPC) regarding a data breach, which led to the imposition of a N555.8 million fine. The bank,…
The Federal Reserve decided to keep interest rates unchanged on Wednesday but signaled the possibility of lowering borrowing costs as soon as its next meeting in September, given that inflation…