New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
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FG to train 100,000 construction workers, provide job opportunities nationwide for artisans
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Inflation rate drops in August as report shows relief for Nigerians
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Trump concerned S. Korean arrests could 'frighten' investors
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Amazon workers in US strike days before Christmas
Thousands of workers at Amazon facilities across the United States went on strike Thursday, the Teamsters Union said, halting work at the height of the busy holiday gift-giving season. Less than a week before the Christmas holiday, the strike threatens a significant disruption of deliveries of Amazon orders as Americans rush to send last-minute gifts.
BoE holds interest rate after inflation rise
The Bank of England on Thursday kept its key interest rate at 4.75 percent, deciding against a cut in line with the US Federal Reserve, as UK inflation rises again. The BoE reduced its key interest rate in August for the first time since early 2020, from a 16-year high of 5.25 percent as UK inflation returned to normal levels.
Portugal, Spain, France bust contaminated seafood ring
A European operation has spared revellers a potential food poisoning nightmare before Christmas, seizing 30 tonnes of molluscs illegally fished in polluted waters and arresting 62 suspects, authorities said on Thursday. Law enforcement in Portugal, France and Spain seized the molluscs and six tonnes of glass eels worth up to 10 million euros ($10.4 million) on the seafood market, Europol said.
US-based Friedkin Group complete Everton takeover
The US-based Friedkin Group have completed the takeover of Everton, the Premier League club announced Thursday. The Premier League said the Friedkin Group had purchased a 98.8 percent stake in Everton which becomes the 10th English top-flight club under majority American ownership.
US, European, Chinese firms seek to draw Vietnam arms deals from Russia
Major US weapons manufacturers including Boeing and Lockheed Martin, along with Europe's Airbus and Chinese firms, put their wares on show at an arms fair in Hanoi Thursday as Vietnam looks to diversify its defence supplies away from Russia.
Sony buys 10% of 'Elden Ring' owner for $320 mn
Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game 'Elden Ring'. Kadokawa also owns Tokyo-based FromSoftware, the creator of the dark fantasy role-playing adventure game "Elden Ring", which was developed with help from "Game of Thrones" author George R.R. Martin.
Fuel price expected to change as petrol landing cost drops again
The Major Energy Marketers Association of Nigeria (MEMAN) has revealed that the price of petrol has reduced in December compared to the previous month.
Hackers breach NBS website hours after release of crime and security report
The National Bureau of Statistics (NBS) website has been taken over by hackers as the bureau warned Nigerians to disregard any reports coming from the site.
Ivory Coast wants bigger share of its mining boom
Ivory Coast's mining industry is booming, driven by foreign investment and the discovery of new deposits, but the country now wants a bigger slice of the pie for its own businesses. The mining sector now accounts for four percent of Ivory Coast's gross domestic product, compared to just 1.5 percent a decade ago, according to the Professional Association of Miners of Ivory Coast (GPMCI).
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