Nigeria's 16th and current president, Asiwaju Bola Ahmed Tinubu, was on Friday, November 21, told to resign from his role. Legit.ng has the details.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
US President Donald Trump said Thursday he would seek to bring interest rates lower by unleashing energy production, and would speak to the Federal Reserve if needed. Trump told reporters in Washington later on Thursday that he would like to see interest rates come down "a lot," adding that lower oil prices should help them to fall.
By the end of February, Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.
Saudi Crown Prince Mohammed bin Salman promised on Thursday to pile $600 billion into US trade and investments as he congratulated Donald Trump on his return to the White House.
The United States is falling behind the European Union in the rollout of wind power and risks being overtaken by China, a think tank said Thursday, days after Trump announced a crackdown on new wind projects.
US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news. In November the storied Associated Press news agency said it would slash almost eight percent of jobs as the US-based wire battles client cancellations and economic headwinds.
Several US states have reached a $7.4 billion settlement with the Sackler family and their pharmaceutical company Purdue over the opioid crisis that has ravaged the lives of millions of Americans, officials said Thursday.
Consumer groups across Croatia called for a nation-wide shopping boycott on Friday to protest rising food prices and biting inflation in the Balkan country. Consumer groups have repeatedly complained that prices have risen steadily since Croatia adopted the euro as its currency in January 2023. ljv/ds/rl
Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its earnings topped expectations in the most recent quarter.
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the economy is expected to grow by 4.17% instead
Economy
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