IGP Kayode Egbetokun has finally commented on the confrontation between the FCT Minister and some naval officers in Abuja and disclosed the steps taken so far.
Economists say the CBN Monetary Policy decision to retain interest rates but narrow the policy corridor signals cautious easing expected to cut interbank costs.
Japanese tourism and retail shares fell sharply on Monday after China warned its citizens to avoid travelling to the East Asian country in a spat over comments by Prime Minister Sanae Takaichi about Taiwan. China and Japan last week summoned each other's ambassadors, with Beijing then advising its citizens to avoid travelling to Japan.
Ukraine's President Volodymyr Zelensky visits Paris on Monday in a new bid to secure weaponry to defend his country against increasingly lethal Russian missile and drone attacks. Ukraine has said it plans to use more than 4.5 million drones this year, for frontline attacks and to fight off Russian drones.
The Greenpeace environment group said Sunday that France was sending reprocessed uranium to Russia for treatment so it can be reused, despite the Kremlin's war in Ukraine. These operations have not been affected by international sanctions over the Ukraine war.
The Central Bank of Nigeria (CBN) has intervened in the forex market with $50 million sales to authorised dealer banks and FX operators to ease demand on the naira.
Serbia's president on Sunday said he wanted to avoid the "confiscation" of Russian shares in Serbian oil company NIS "at all costs", as his country seeks an exit from crippling US sanctions. "I want us to avoid at all costs confiscation, nationalisation or seizure of property...
South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom. The investment package announced on Sunday comes after the South Korean government had pledged to triple spending on artificial intelligence next year.
The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. - 'Ticks all the boxes' – India's luxury market is still relatively small, but expanding rapidly.
Instantly recognisable by their electric blue shop fronts, branches of LAP Coffee have become a common sight in Berlin's hippest neighbourhoods over the past two years. Inside its branches, seating is sparse -- the idea being to snap an Instagrammable selfie in front of the chic decor before taking your coffee away in one of LAP's signature electric blue cups.
Ukrainian President Volodymyr Zelensky on Saturday announced an overhaul of state-owned energy companies, after a corruption scandal at the heart of a sector battered by Russian attacks sparked a public outrcy.
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