The Federal High Court in Abuja has sent a final warning to popular and influential 2027 presidential candidate in a suit about President Bola Tinubu.
Naira gains against the dollar amid improved liquidity and reduced corporate demand, despite a 50% drop in forex turnover, signalling lower market participation.
The Central Bank of Nigeria (CBN) has announced that Nigeria's external reserves have surpassed $45 billion, the first time in six years, a major boost for the naira
Rising food costs pushed consumer inflation in China last month to its fastest pace in nearly two years, data showed Wednesday, but lower factory-gate prices suggested demand in the world's second-largest economy remains weak.
Following the depreciation of the naira, commercial banks in the country have announced new foreign exchange rate on naira cards for international transactions.
France is developing domestic production of electric vehicle batteries with an eye on industrial independence but Asian experts are proving key in launching operations. Vincent said the Chinese have learned an enormous amount in two decades of manufacturing electric vehicle batteries, while France began from zero five years ago.
China's mammoth trade surplus with Europe as well as challenges faced by foreign firms in the country are incentivising Brussels to adopt more "offensive" policies, a business lobby warned Wednesday.
Deep in the Abu Dhabi desert, a vast AI campus a quarter the size of Paris is starting to emerge, the oil-rich UAE's boldest bet yet on technology it hopes will help transform its economy. Now, the UAE is hoping that AI can help fill the gap when oil demand inevitably wanes.
When Nepal's government was toppled in September after deadly youth-led protests against economic stagnation and corruption, many in the impoverished country hoped for a period of meaningful political change. Protests, initially triggered by anger over a brief government ban on social media, were spearheaded by protesters under the loose "Gen Z" umbrella.
Asian markets retreated Wednesday following a tepid day on Wall Street as investors bided their time ahead of a highly anticipated Federal Reserve policy announcement later in the day.
Australia banned under-16s from social media in a world-first crackdown on Wednesday, declaring it was time to "take back control" from formidable tech giants. "We will take back control."
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