US President Donald Trump has again commented on his earlier allegation of Christian genocide in Nigeria, a claimed fact-checked to be made without data.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
A US judge on Friday granted an injunction barring Israeli spyware maker NSO Group from targeting WhatsApp users but slashed a $168 million damages award at trial to just $4 million. Evidence at trial showed that NSO Group reverse-engineered WhatsApp code to stealthily install spyware targeting users, according to the ruling, which called such access to user data "unlawful."
Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency. With the government of President Javier Milei under pressure, the peso opened at 1,465 to the dollar Friday morning, having closed at 1,430 the day before.
For clues as to why Argentina's President Javier Milei faces a potential drubbing in next week's mid-terms, look no further than San Andres de Giles, a farming town set amid wheat fields two hours from Buenos Aires.
A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.
An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.
US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.
The Central Bank of Nigeria (CBN) has announced that foreign exchange turnover in Nigeria has risen to $8.6bn, driven by robust remittance reforms.
Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Spanish media said police also cited the testimony of Isak Andic's partner, professional golfer Estefania Knuth, who described strained relations between father and son.
The Nigerian currency finally rebounded in the official foreign exchange market as dollar demand reduced and Nigeria's FX reserves rose to a five-year high.
Economy
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