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.
Today's robots perform safety checks at industrial plants, conduct quality control in manufacturing, and are even starting to keep hospital patients company. Hong Kong company R2C2 showcased industrial robots that can perform functions such as inspections at power plants and technician work on trains, according to San Wong, the company's founder and chief executive.
The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.
Britain's biggest gas supplier on Friday said UK storage levels are "concerningly low" owing to high demand caused by freezing weather and after Ukraine ended Russian gas transit to Europe. Such a "perfect storm" had reduced "UK winter gas storage to concerningly low levels", it added.
CBN says exporters will no longer be granted extensions past the stipulated timelines. All oil and gas export proceeds must come in within 90 days
US job gains soared past expectations in December, according to government data released Friday, in a sign the labor market remains healthy just shortly before President-elect Donald Trump's inauguration this month. "Labor market data are so volatile and confidence intervals so wide that trends are best determined from at least six months of data," he said in a note. bys/des
Britain's biggest gas supplier said Friday UK storage levels are "concerningly low" owing to high demand caused by freezing weather and after Ukraine ended Russian gas transit to Europe. Such as "perfect storm" had reduced "UK winter gas storage to concerningly low levels", it added.
A report by the NESG-Stanbic IBTC Business Confidence Monitor has predicted a significant drop in Nigeria's headline inflation rate to 27.1% by the end of 2025.
Analysis is showing that the federal government spent almost half its 2024 budgets on debt servicing. Also, money spent on debts is 147% more than the revenue.
From its founding in 1986, French video game maker Ubisoft has grown into a giant of the sector with operations in 20 countries and an uber popular franchise, "Assassin's Creed". The Guillemot brothers opened a company re-selling imported video games in 1986, but quickly pivoted to developing their own games under the name Ubisoft.
Economy
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