A Gustav Klimt painting sold for a record-breaking $236.4 million at Sotheby’s first auction in its new Breuer Building, making it the most expensive modern artwork ever auctioned.
Nigeria’s economic reforms have earned the country a rare “positive” outlook upgrade from S&P, signalling renewed investor confidence.
Nigerians living in the United Kingdom have raised alarm over a growing trend of spousal disputes leading to visa revocations, with reports indicating that partners are exploiting relationship breakdowns to report each other to UK immigration authorities.
The U.S. government has revoked the visas of 80,000 foreign nationals, including Nigerians, citing offenses ranging from assault and theft to terrorism and overstaying visa conditions.
Taiwo Oyedele says the proposed 5% fuel surcharge will not begin until the naira strengthens or oil prices fall, to avoid worsening Nigerians’ financial hardship.
Quartus Economics has advised the Central Bank of Nigeria to issue higher-value naira notes to restore currency portability, reduce cash-handling costs, and reflect current economic realities.
Neco has launched a new examination centre in London to provide accessible assessment opportunities for Nigerians living abroad.
Cooking gas prices have dropped significantly across Nigeria as supply improves, with retailers expressing optimism that the market will stabilise within a week.
IMF lists Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda among the continent’s fastest-growing economies, citing fiscal reforms and strong policy frameworks.
The International Monetary Fund has said that the recent depreciation of the Naira could help Nigeria’s economy adjust and strengthen its fiscal framework.