
The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
The Nigerian government, through the Ministry of Finance, has suspended the controversial 4% Free-On-Board charge introduced by the Nigeria Customs Service.
Hundreds of US workers at the video game giant behind Fallout staged a one-day strike Wednesday over outsourcing and remote work policies, their labor union said.
Tech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the current focus of innovation is dividing experts and investors.
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies amid fears his policies may reignite US inflation, which rose on latest data.
The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion servicing external debt in 2024.
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest rates. The October increase puts a slight spanner in the works of the Federal Reserve, which recently began lowering interest rates in response to easing inflation.
Britain's The Guardian newspaper announced Wednesday it would no longer post content from its official accounts on Elon Musk's X, branding it a "toxic media platform" home to "often disturbing content".
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.
The Nigerian currency, the naira sank to its lowest in the official foreign exchange market on Tuesday, November 12, 2024, closing at N1,689.44 per dollar.
Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at least for now -- with the US president-elect handing him an outsized role to overhaul the government. Years later, Musk has become Trump's most prominent celebrity endorser, leaning fully in to get him and his "Make America Great Again" agenda back in the White House.
Economy
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