Economy
Fed minutes highlight divisions over rate cut decision
The US Federal Reserve's rate-setting committee was divided during interest rate deliberations last month, although most members ultimately voted for a half percentage-point cut, according to minutes of the meeting published Wednesday.
Zamfara, Oyo, 24 other Nigerian states failed to attract foreign investors in 2024
Oyo, Zamfara, and Imo are among the top 26 Nigerian states without foreign investment in 2024, as NBS reveals that Nigeria's capital importation increased.
Air France says jet flew over Iraq during Iran attack on Israel
Air France said Wednesday it had launched an inquiry into how a jet on a Paris-Dubai flight went over Iraq as Iranian missiles taking part in an attack on Israel went through the same airspace.
German govt sees economy shrinking again in 2024
The German government slashed its 2024 forecast Wednesday for Europe's largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025. The economy is expected to grow by 1.1 percent in 2025, according to the latest forecasts, up from a previous estimate of one percent.
Creator's death no bar to new 'Dragon Ball' products
Fans of the "Dragon Ball" franchise are set to see a host of product launches in the coming weeks, including a new video game and animated series, despite the series creator having died this year.
New customs exchange rate for importers to clear goods at ports, airports
The Central Bank of Nigeria has adjusted the dollar exchange used by importers for cargo clearances at Nigeria's ports and airports as naira appreciates.
US weighs Google breakup in landmark trial
The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly.
7-Eleven owner confirms new takeover offer from Couche-Tard
The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.
Dollar crashes in official market as CBN speaks on deposit safety in banks, naira gains
The naira's exchange rate rose by 4.49 per cent in the official market on Tuesday, October 9, 2024, closing at N1,561 as against N1,635 on Monday, October 8, 2024.
Economy
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