US President Donald Trump has again commented on his earlier allegation of Christian genocide in Nigeria, a claimed fact-checked to be made without data.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Asian equities wobbled Wednesday as investors struggled to track a Wall Street rally fuelled by forecast-beating US consumer confidence data, with a weak Japanese debt sale adding to worries about rising bond yields. Bonds yields rise and prices fall when demand is weak.
Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the US-European group navigates US tariffs and slumping North American sales. Filosa, who has previously served as chief executive of the Jeep brand, was promoted to the role of chief operating officer for the Americas region in December.
China is not seeking to "replace" the United States as the top trading partner of Colombia, Beijing's ambassador to Bogota, whose president has announced a pivot to China, told AFP on Tuesday. "China is coming to offer our collaboration, not to replace anyone, nor seeking to take someone's place," Zhu Jingyang told AFP on the sidelines of a media briefing.
SpaceX is set Tuesday for the next test flight of its Starship megarocket -- the linchpin of founder Elon Musk's Mars ambitions -- after the vessel's last two outings ended in fiery explosions.
President Bola Tinubu has written to the House of Representatives seeking approval for new loans worth over $20 billion and another N750 billion bonds.
The French government is mulling measures to clamp down on adult-only hotels and restaurants, with a top official warning that hospitality venues excluding children in a so-called "no kids" strategy were dividing society.
The EU launched an investigation on Tuesday into four pornographic platforms over suspicions they are failing to stop children accessing adult content in breach of the bloc's strict digital content law. Fearful over children's access to adult content, the commission said it would work with national authorities to make sure smaller porn platforms apply the same rules.
The Nigeria-China Strategic Partnership has disclosed plans to sign an agreement on digital RMB with China to allow the ease of converting naira to Yuan.
Economists have predicted that the naira will remain stable in the coming days, boosting investors' confidence after the CBN sold $190.40 million in the FX market.
Economy
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