New development has emerged concerning the reported death of the deputy governor of Bayelsa, Senator Lawrence Ewhrudjakpo, as the PDP made great release.
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
7-Eleven's owner is set to replace its CEO as the Japanese convenience store giant battles a $47-billion takeover bid by Canada's Alimentation Couche-Tard (ACT), reports said Monday.
Frantic optimism about artificial intelligence's potential to empower gadgets is set to clash with fears about trade tensions stoked by the White House at this week's Mobile World Congress (MWC) in Barcelona. Generative artificial intelligence's capture of tech industry attention since ChatGPT first emerged has made it a must-have for any firm developing new devices.
The Central Bank of Nigeria (CBN) has released a new exchange rate for Customs duty, crashing the US dollar for importers following the rallying of the naira.
The European Central Bank is expected to cut interest rates again this week in a bid to boost the floundering eurozone economy, even as debate heats up about when to hit pause. - Rate debate - Some policymakers are starting to ask how the central bank should continue on the path downward.
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods. Meanwhile, Bitcoin slipped 1.3 percent on Asian markets after a six percent-surge on Sunday on the back of Trump's announcement that he was considering adding five digital assets to the US' strategic reserves.
Elon Musk has been making headlines for mass layoffs and funding cuts at US federal agencies under his so-called Department of Government Efficiency. Now, as one of President Donald Trump's closest advisors, the world's richest person faces allegations of wielding undue influence over regulatory agencies overseeing his companies.
In doubling down on tariffs targeting Canada, Mexico and China, US President Donald Trump cites a lack of progress on tackling fentanyl, but analysts say the drug crisis is just one of his political goals. In early February, Trump unveiled -- then temporarily halted -- sweeping tariffs on Canada and Mexico.
Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. - 'Chronic inflation' - "The most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years," the economy minister added.
As the date of the new CBN revised ATM charges approaches, the expert joined his voice with others calling for a reversal. He listed long-term consequences.
Economy
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