
The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump's aggressive trade policies.
The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump's aggressive trade policies.
The Nigerian foreign exchange market dipped by 6.43% in July despite the sales of foreign exchange to authorized dealers. The naira crashed at a high of N1,608.73.
Sicily's Catania Airport resumed service Sunday after volcanic activity from Mount Etna temporarily limited incoming flights, but it warned passengers of possible delays and cancellations. Earlier in the day, the airport announced that due to volcanic activity Sunday morning, arriving flights would be reduced to six per hour and that one section of the airport would be closed.
President Bola Tinubu has provided insights into his administration's efforts to address the economic challenges faced by Nigerians amid ongoing nationwide protests.
The Central Bank of Nigeria (CBN) has reintroduced the Retail Dutch Auction System (rDAS) as it moves to meet growing FX demands and improve the naira's value.
The Nigerian Education Loan Fund (NELFund) has further approved student loans amounting to over N2,530,235,750 to benefit 22,120 Nigerian students.
Following the appreciation of the Nigerian currency, the naira, the Central Bank of Nigeria (CBN) has adjusted the Customs exchange rates for cargo clearance.
A $4 billion settlement has been reached to end thousands of lawsuits filed in the wake of devastating wildfires on Maui nearly one year ago, the governor of Hawaii announced Friday. "This Global Settlement of over $4 billion will help our people heal," Hawaii Governor Josh Green said in a release.
Opponents of deep sea mining hope to take a potentially significant step toward an international moratorium on Friday, as the sector's top international authority considers what could snowball into a key regulatory text. Deep sea mining opponents hope this could eventually lead to a moratorium.
After more than 140 years in California, Chevron announced Friday that it will move its corporate headquarters to Texas in a shift that drew applause from the southern state's oil-loving politicians.
Economy
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