Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.
Players line up inside Nintendo's booth at a Japanese game fair to try upcoming Switch 2 titles, but, for once, the company's chirpy red-capped mascot Mario is nowhere to be seen.
The official foreign exchange window and the parallel market have finally converged to less than N2 as the naira depreciated to N1,533.11 and N1,532, respectively.
A total of 30 stocks performed impressively in the trading session, making investors richer at the end of the day. The major cement manufacturers topped the list.
Nigeria's headline inflation has dropped from 22.97% in May to 22.22% in June, representing a 0.75 per cent decline, with some states recording low inflation.
North Korea has barred foreigners from a newly opened beach resort, the country's tourism administration said this week, just days after Russia's top diplomat visited the area. But following Lavrov's visit, the North's National Tourism Administration said "foreign tourists are temporarily not being accepted" without giving further details, in a statement posted on an official website this week.
China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation". "We are still facing a very severe and complex situation.
Asian markets headed into the weekend on a broadly positive note Friday, as investors took up New York's latest record highs sparked by healthy US retail data and upbeat earnings from some of Wall Street's big names. "Cost-of-living concerns have dominated the campaign for this weekend's upper house election," wrote Stefan Angrick, head of Japan and frontier markets economics at Moody's Analytics.
Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan's economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump. With 100 employees, Mitsuwa Electric is not a household name.
Economy
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