
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
Indonesia on Wednesday upheld a ban on iPhone 16 sales despite Apple's $1 billion pledge to invest in the country after a negotiation deadlock, citing the company's failure to meet domestic market requirements.
As the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji clocks 47 years, tributes have poured in over his transformative leadership at the agency
The Nigeria Customs Service (NCS) has provided an update on its ongoing recruitment exercise as many Nigerians who applied are set to be disappointed.
South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.
Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts. "Recent Fed signals suggest a cautious approach to rate cuts amid a resilient job market and sticky inflation," said Stephen Innes.
Tech leaders continue to fall in line around Donald Trump, with Facebook's announcement that it would end its US fact-checking program the latest victory for the president-elect and his billionaire advisor Elon Musk.
US company Firefly Aerospace said Tuesday it is aiming to launch a lander to the Moon next week under an experimental NASA program that partners with the commercial sector to reduce costs. Firefly Aerospace was awarded a $93 million contract in 2021 under NASA's Commercial Lunar Payload Services (CLPS) initiative.
NASA announced Tuesday it may turn to Elon Musk's SpaceX or Jeff Bezos's Blue Origin to help reduce the soaring costs of returning Martian rocks collected by the Perseverance rover to Earth. "You all know that SpaceX and Blue Origin have already been ones that have expressed an interest, but it could be others as well," said Nelson.
With no one in the driver seat, the SUV pulling up resembles an autonomous robotaxi like those becoming increasingly present in some cities -- but the car from German startup Vay is something else. In this way, Vay resembles a car rental company.
Economy
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