Economy
From tourism to energy, Senegal economy braces for fallout
Senegal's hotels have seen a wave of cancellations since political unrest hit the West African country and many foreign companies are nervous about the deadly troubles. "Hotel reservations have been particularly hit," he added.
Valentine's Day strike misery for UK lovers
Britain's couples could struggle for Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said. "Valentine's Day is one of the busiest days for delivery services, with a high demand for meal deliveries."
CBN moves to boost naira, sells $30 million in spot market for first time in 5 months
The CBN sold up to $30 million in the spot foreign exchange market on Tuesday morning, February 13, 2023, the first time it had done so since September 2023.
Body Shop's UK arm falls into administration: statement
The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.
US consumer inflation cools less than expected in January
US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection. The food index also increased over the month, even as energy costs slumped due to lower gas costs.
FIRS speaks on plans to tax Sabinus, Taooma, skit makers, other content creators
The Federal Inland Revenue Service has debunked reports that it introduced a new tax scheme to make social media content creators to pay taxes in 2024.
France begins to dismantle Notre-Dame scaffolding
The scaffolding around the spire of Paris's Notre-Dame cathedral has begun to come down, the authority charged with restoring the monument after a devastating 2019 fire said on Tuesday. In December, the cathedral regained its great cross, and got a new golden rooster to replace the old one that was destroyed in the April 15, 2019 fire.
IMF predicts Nigeria’s foreign reserve holdings in 2024 as naira falls to lowest in official market
The International Monetary Fund (IMF) says Nigeria's foreign reserves will experience a decline in 2024 through 2025 from $33 billion to $24 billion.
Far right could exploit EU's economic slump to win big in June vote
Soaring food costs, economic stagnation and deteriorating living standards risk pushing voters into the far right's arms in European elections later this year, which could shake up the political agenda in Brussels.
Economy
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