A Hague court has sentenced former Kosovo President Hashim Thaci to 25 years in prison after finding him guilty of war crimes committed during the 1990s conflict.
Naira slips to N1,329.15 per dollar as official FX market turnover surges 174%, while reserves hit $54.607bn and the parallel-market rate strengthens to N1,370.
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply.
US President Donald Trump said in remarks airing Sunday that he does not know whether he must uphold the US Constitution, the nation's founding legal document. Pressed on whether he believes he needs to uphold the supreme law of the land, Trump repeated: "I don't know."
The Central Bank of Nigeria (CBN) has incurred a loss of N9 billion, about N13.9 trillion, as it tries to save the Nigerian currency, the naira in 2024.
The Central Bank of Nigeria (CBN) has pegged the Customs exchange rate for cargo clearance at N1,601 to the dollar, due to the naira's depreciation at N1,606.
Dangote cement, BUA cement and Lafarge cement started 2025 with a strong performance, posting a total revenue of N1.53 trillion in the first quarter (Q1).
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy.
At a small high-end confectionery in Vienna, chefs put the finishing touches to one of Austria's signature souvenirs: Mozart chocolate balls filled with marzipan, pistachio, and rich almond and hazelnut nougat.
Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own long-stalled energy transition, experts say. Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over. Buffett indicated several years ago 62-year-old Abel would be his pick for successor.
Economy
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