The wife of the late retired Major General Abubakar Rabe, who died in the custody of bandits, has been rescued by the Nigerian Army as fresh development emerges.
The naira slightly depreciates to N1,363.83/dollar amid limited dollar liquidity, while foreign portfolio investors dominate inflows, pushing up Nigeria's reserves
United Airlines reported a slight dip in profits Wednesday as operating expenses ticked higher, adding that a strengthening demand outlook would boost fourth-quarter results. United is poised for a "strong" fourth quarter "as the demand environment strengthens," said a United press release.
Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday. Syria's government faces a monumental challenge in rebuilding the country's war-torn economy after more than 15 years of civil war -- something Barnieh estimated would likely cost "tens of billions" of dollars.
Chris Anderson took over TED 25 years ago, when the internet was young and optimism abounded about the future it could deliver. "I felt I'd come home to that heroic group of people dreaming about the future and what the future could be," Anderson said.
The National Bureau of Statistics has again revealed that Nigeria’s inflation figures has dropped in the month of September and now below the 20% mark.
The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington. Also on the Group of Seven ministers' agenda are discussions on China's recently announced curbs on rare earths, commissioner Valdis Dombrovskis told AFP in an interview.
US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy. Bessent added that he had spent "weeks" working on the private-sector solution to Argentina's upcoming debt payments, which would come on top of the $20 billion US swap line the US Treasury recently set up.
Canadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest $13 billion in the United States threatens Canadian jobs, urging action to counter what they called another casualty of President Donald Trump's trade war.
The Nigerian currency is depreciating again due to renewed instability in the foreign exchange markets, driven by a resurgence in dollar demands by traders.
US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled." But he expressed hope that China would back off its rare earth curbs.
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