The Nigerian government has responded to the UK's advice for its citizens to avoid travel to six states, including Katsina and Adamawa, due to security concerns.
Namnyak, a Maasai herder in north Tanzania, fears a carbon credit scheme linked to Volkswagen -- dismissed by NGOs as "greenwashing" -- could destroy her community's way of life. - 'Scam' - Several researchers and NGOs believe the Maasai are unwitting participants in a vast "greenwashing" scheme by Volkswagen.
Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration. Gains in banking shares helped lift Wall Street stocks Wednesday.
The United States unveiled further export controls Wednesday on advanced computing semiconductors, boosting due diligence requirements for businesses as it seeks to prevent diversion of tech to China despite existing restrictions.
Outgoing US President Joe Biden's administration on Wednesday announced a ban on Red Dye No 3, a controversial food and drug coloring long known to cause cancer in animals.
Social media giant TikTok plans to completely shut down its operations in the United States this Sunday if a ban ordered by legislators goes through as planned, a report said. The apparent shutdown comes as TikTok faces a January 19 legislative deadline to sever ties with its Chinese parent company ByteDance or cease US operations.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
NBS CPI report shows that Nigeria's headline inflation has hit 34.8%, about 0.20% higher than the 36.6% from the previous month. Food inflation also declined
Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis. Fears are growing that the economy will struggle to get back on its feet this year, due in part to the political crisis at home.
A record 94 million foreign tourists craving for sun, sand and culture flocked to Spain in 2024 as the sector drives the country's bullish economy, the tourism minister said on Wednesday. Spain therefore continues to break records," Industry and Tourism Minister Jordi Hereu said in Madrid.
Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday. BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
Economy
Load more