Sosoliso plane crash survivor, Kechi Okwuchi, has shared her harrowing experience and recounted what she did as the aircraft was about to go down.
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
A new CBN report shows that high bank charges posed a major challenge to businesses in 2024. Rising inflation has further compounded this issue...
A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups.
As the economic woes in Nigeria have been on the increase, so have the loan default rates. The lates CBN survey report shows a surge in loan default rates.
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, underlining the Gulf city's economic boom. Dubai Airports CEO Paul Griffiths said he was confident of breaching 100 million passengers by 2027.
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs. In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.
Fed up with paying ever increasing prices at grocery stores and shopping outlets, Croatians have begun channeling their anger into a nascent boycott movement targeting retailers that shows signs of spreading across the Balkans.
Britain's vehicle production slid below one million units last year as the sector transitions to electric cars, an industry body said Thursday as it warned over US President Donald Trump's tariff threats. Output is forecast to decline further this year to 839,000 units before returning to above one million vehicles in 2028, it added.
The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country after a boost from the Paris Olympic Games, official data showed Thursday. The institute had expected the economy to post zero growth in the October-to-December period after growing by 0.4 percent in the third quarter, which includes the summer months of the Olympic games.
The naira has continued its gains against the US dollar in the official and black market windows, gaining N10 and N11 naira respectively amid CBN's new FX Code.
Economy
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