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
Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions. Before sending troops into Ukraine, Russia had faced almost a decade of sluggish growth and falling living standards -- suffering under sanctions and restrained domestic spending after Moscow annexed Crimea in 2014. bur/lth
Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for cargo clearance in Nigeria's ports.
Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs. Germany has the largest trade surplus with the United States of any European Union member state, according to the bloc's most recent data, with the EU's overall surplus angering Trump.
A project manager in Belarus's once-flourishing tech industry, Andrei Dorin admits his sector is in "crisis". Tech has been one of the few relatively liberalised sectors in ex-Soviet Belarus's state-dominated economy.
Hong Kong will file a complaint with the World Trade Organization in response to heightened US tariffs on its goods, a government spokesperson said Friday, days after Beijing announced a similar move.
Three former employees at London's Harrods store have accused another brother of its late boss Mohamed Al-Fayed of sexual assault, after hundreds of similar claims were made against the tycoon, the BBC reported Thursday. London's Metropolitan police has opened a new investigation into sexual assault claims against Mohamed Al-Fayed, which has identified at least 90 victims. aks/jkb/ach
The Lagos Chamber of Commerce and Industry has asked the federal government to suspend its plan to implement a 4% customs Free On-Board (FOB) charge.
Nick was enjoying his Saturday off work in Pennsylvania when he received an unexpected and alarming message: cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall. The value of Bitcoin, by far the most important crypto which has broken record after record and gained around 50 percent since Trump's election, dropped six percent at the height of the crash.
Most Asian equities advanced Friday as investors head into the weekend awaiting the release of US jobs data, while traders kept a nervous eye on Washington as the Trump administration presses ahead with a hardball trade agenda. Still, for now investors were enjoying the relative calm as analysts say the White House's moves have so far been less strident than initially feared.
Economy
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