Sosoliso plane crash survivor, Kechi Okwuchi, has shared her harrowing experience and recounted what she did as the aircraft was about to go down.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for semiconductors exported to China to cost it as much as $800 million. AMD said in the filing that it "expects to apply for (export) licenses but there is no assurance that licenses will be granted."
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.
Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, the bank's chair said Wednesday. Most economists have warned that tariffs will push up prices -- at least temporarily -- while acting as a drag on growth.
US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of "blackmail" in a trade war that the WTO warns will have "severe" economic consequences for the global economy. The multiple negotiations the Trump administration says are underway are running parallel to a full trade war against top US economic rival China.
TikTok on Wednesday said it is testing a feature that would let people add "Footnotes" providing informative context to videos that might be misleading. "Footnotes will draw on the collective knowledge of the TikTok community by allowing people to add relevant information to content on our platform," Presser said.
The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington.
One of the architects of US President Donald Trump's tariff blitz has advocated a shake-up of the global trade and financial systems, centred on a radical strategy to weaken the dollar. - 'Mar-a-Lago Accord' - For Miran, tariffs and moving away from a strong dollar could have "the broadest ramifications of any policies in decades, fundamentally reshaping the global trade and financial systems".
NAFDAC confirms that adulterated palm oil samples with high acid and carcinogenic elements are now in six Nigerian states. Learn how to identify them.
The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to shifting US trade policy and tariffs. "The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations," the central bank said in a statement.
Economy
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