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.
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.
In an era where computer algorithms automate trading at breakneck speeds, a dwindling number of London's metal traders still conduct business in-person by shouting orders across Europe's last so-called open-outcry trading floor. There is no longer any reason to continue open-outcry trading, explained Thierry Foucault, professor of finance at HEC Paris business school.
Billionaire Elon Musk blasted President Donald Trump's senior trade advisor Peter Navarro as "truly a moron" and "dumber than a sack of bricks" on Tuesday in a growing rift over the US tariff policy that has rocked the world. Navarro is dumber than a sack of bricks."
Universal will build its first European theme park in Britain, Prime Minister Keir Starmer said Wednesday, unveiling a mega deal which could create thousands of jobs and attract millions of tourists. An estimated 8.5 million people would visit in its first year planned for 2031, making it the largest attraction in Britain.
Argentina's Congress on Tuesday backed the creation of a commission of inquiry into a cryptocurrency promoted by President Javier Milei that soared then crashed, losing investors hundreds of millions of dollars.
A US federal judge ordered the White House on Tuesday to restore the Associated Press's access to President Donald Trump's official events, saying it had no right to bar media for their "viewpoints." The AP filed suit against the White House after it began denying access to Trump's official events to the news agency's reporters and photographers.
Stock markets regained some ground Tuesday, even as trade tensions between the United States and China were strained by turmoil over President Donald Trump's tariffs offensive. - China 'confident' - In the war of words, China also condemned remarks by Vice President JD Vance in which he said the United States had for too long borrowed money from "Chinese peasants."
The Nigerian government has said that the application portal for the N700 million MSME award will close on April 7, 2025. It allows small businesses to win N220m.
The NERC Performance Monitoring Framework Orders has clear stipulations on what each DisCo is required to meet in terms of energy offtake, and these ones fell short.
Trenitalia said Tuesday it plans to launch a new high-speed rail service connecting London and Paris, as the days of Eurostar's three-decade monopoly on the line look increasingly numbered. Trenitalia said Tuesday it plans to invest one billion euros ($1.1 billion) to launch its Paris-London service, also by 2029.
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