Economy
Murdoch's REA ups offer for property website Rightmove
REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove. REA reiterated that should it succeed in buying Rightmove, it would apply for a secondary stock market listing in London, in addition to its current trading on the Australian Securities Exchange.
Asian markets extend gains as focus turns to US inflation
Most Asian markets rose Monday, building on last week's rally following the Federal Reserve's bumper interest rate cut, with focus now on the release of the bank's favoured inflation gauge later in the week.
Top 10: Report lists Agriculture, ICT, other highest contributing sector to GDP
According to NBS, the GDP of Nigeria grew in real terms in Q2 2024 by 3.19% (year over year), up from 2.51% and 2.98% during the same period the previous year.
CBN hikes customs exchange rates to clear cargoes as naira crashes
The crash of the Nigerian currency, the naira has led to an adjustment of Customs foreign exchange rate for cargo clearance by the Central Bank of Nigeria (CBN).
CBN grants $2.97bn to import fuel as Refiners React to Reported Abandonment of Dangote Petrol
Participants in the oil sector now have access to $2.97bn in funds from the Central Bank of Nigeria to import petroleum products and related items into the country.
"No single bag here": Frustration grows as Tinubu’s N40K rice remains out of reach of Nigerians
Rising complaints over the accessibility of the federal government's N40,000 subsidised rice program have started to emerge from every part of the country.
483, 464 Nigerians rush to Pension Savings, withdraw N247.47 billion due to hardship
About 483,464 Nigerians have said that job losses and unemployment have led to them withdrawing over N200 billion from retirement savings in three months.
Angry French cognac makers see red over Chinese tariffs threat
Frustrated cognac producers in southwestern France are growing increasingly anxious over the looming threat of Chinese tariffs on European brandy, a move industry representatives worry could force French liquor from the Chinese market.
Protect the prosciutto: Italy battles swine fever
Pig farmer Alberto Cavagnini has slaughtered 1,600 of his hogs due to swine fever, a virus threatening the 20-billion-euro pork industry in Italy, including its world-famous prosciutto.
Economy
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