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Asian markets stuttered Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data stoked renewed worries over the world's number two economy. Nervousness over the Chinese economy was keeping buyers at bay after another round of data showed the country's manufacturing sector contracted for a fourth straight month.
Former Volkswagen CEO Martin Winterkorn is set to go on trial Tuesday for his role in the "dieselgate" scandal, nine years after the saga first plunged the German auto titan into crisis. The highest-ranking former executive to have been convicted so far in the scandal is ex-Audi CEO Rupert Stadler.
The United Nations said it held talks Monday with rival powers in Libya over the country's central bank crisis which has threatened vital oil income. The UN mission said the talks in the capital Tripoli "concluded with significant understandings" between the two sides "on ways to address" the bank crisis.
The CBN projected that Nigeria's real sector output will expand by 3.38% in 2024, up from 2.74% in 2023 due to increasing investments in the oil and non-oil sectors.
Zenith Bank Plc has made available its audited results for the six months as the country's banking industry tries to navigate a challenging economic environment.
Dada Yar’adua, mother of former Nigeria's President, Umaru Yar’adua, and former Vice President Shehu Yar’adua, passed on on Monday, September 2, 2024.
Analysts predict that following the CBN recent infusion of FX sales to BDCs, the value of the naira will stabilize at roughly N1,500 in the second half of the year.
BBNaija No Loose Guard housemate, Onyeka, has emerged as the first solo Head of House for the season. This came after the pairs were dissolved by Big Brother.
President Bola Ahmed Tinubu congratulated and celebrated Vice-President, Kashim Shettima, GCON, as he turns 58-year-old on Monday, September 2, 2024.
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