
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
Around 200 French media groups, including leading television channels and newspapers, are taking legal action against Meta, the owner of Facebook and Instagram, over its online advertising practices, their lawyers announced on Wednesday.
Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the company's shares surged following a smaller than expected loss. The aviation giant reported a loss of $123 million in the first quarter, smaller than the $343 million loss in the year-ago period.
The Federal Government has discussed the processes followed for the 2024 oil bid round, addressing allegations of underhand dealings in oil blocks allocation.
Kristalina Georgieva, the managing director of the International Monetary Fund(IMF), has reportedly apologised to Nigeria over comments on the economy.
France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, including a major hydroelectric dam, as President Emmanuel Macron kicked off a two-day state visit to the Indian Ocean island.
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.
The company first announced that it was working on the app in January 2025, after CapCut was removed from the playstores in the US following the TikTok ban.
A new ranking has shown the strongest African currencies in April 2025 that have maintained resilience and overcome tough economic headwinds this year.
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The EU also fined Meta 200 million euros over its "pay or consent" system after it violated rules on the use of personal data on Facebook and Instagram.
Economy
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