Ahead of the 2027 elections in Nigeria, speculations are building that President Bola Ahmed Tinubu may drop VP Kashim Shettima from his political ticket.
About 1.8 million PoS operators may lose their businesses following the new directives by the Corporate Affairs Commission (CAC) to register before January.
After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.
The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday. Exports in the European Union's fourth-largest economy grew three percent year-on-year in the final quarter of 2024 and household consumption increased 3.7 percent.
Chinese tourists visiting Thailand for Lunar New Year are worried about being kidnapped by gangsters to work in hellish scam centres, despite efforts to reassure them.
It will rain grains in Nigeria as the National Agricultural Development Fund (NADF) is partnering a state government to fund large-scale grain farming this year
Taiwan will consider supporting its domestic industry the government said Wednesday, after US President Donald Trump warned he will soon place tariffs on overseas-made semiconductor chips. Speaking at a Republican congressional retreat in Miami on Monday, Trump warned the United States will soon place tariffs on foreign-made semiconductor chips, pharmaceuticals and metals such as steel.
DeepSeek's 'Sputnik moment' exposes holes in US chip curbs
The Nigerian naira rallied for the third day in the official window, trading at N1,522.60 from N1,533 per dollar following the launch of FX code by the CBN.
Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector. The tech sector has also been buffeted by the sudden emergence of DeepSeek, a low-cost Chinese artificial intelligence chatbot to rival its US competitors.
Promising a "simplification shock", the EU will unveil a much-anticipated blueprint to revamp Europe's economic model on Wednesday, as the bloc struggles to keep up with China and the United States. Commission Vice-President Stephane Sejourne has promised "a simplification shock without affecting environmental targets".
Economy
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