Senate President Godswill Akpabio called out a senator who never invited him to commission a project in his constituency and covertly shaded late Muhammadu Buhari.
IMF reveals Nigeria's naira is undervalued by 25.6%, proposing a fair rate of N1,130/dollar amid ongoing forex reforms and urges CBN to maintain rate flexibility.
Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and buyers' tastes change. Nabizadeh moreover says that even the tourists who come "might not be interested in our work as consumer tastes have changed" and "the price tags are quite high".
Equities wavered Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging from the Federal Reserve on its plans for interest rates. Investors have enjoyed a months-long rally that has pushed some markets to record highs but the run-up took a pause Tuesday amid talk that the gains may have gone too far.
Caught off guard by ChatGPT and mocked for early blunders with its own generative artificial intelligence efforts, Google has pulled off a dramatic turnaround in just one year, becoming a major player in consumer-facing AI. "The market had written off Alphabet in the AI race," Matt Britzman, analyst at Hargreaves Lansdown, said of Google's parent company.
On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs’ headquarters in the sunlit Battery Park City neighborhood of Manhattan. - Concentration in New York In the first two quarters of 2025, Goldman Sachs was the biggest recipient of H-1B visas in New York City.
US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, who is seeking a US loan to calm markets ahead of crucial mid-terms elections. Budget-slashing libertarian Milei has sought to halt on the peso following a provincial election trouncing for his party that was seen as a litmus test for next month's national mid-terms.
US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to remain elevated, but stressed that the central bank faces dual challenges moving forward. The reduction came while the independent central bank faced intensifying pressure from Donald Trump.
The Central Bank of Nigeria (CBN) has cut the benchmark interest rate to 27%, the first time in five years, following a myriad of economic achievements.
The Central Bank of Nigeria has cut its benchmark interest rate, for the first time in five years, easing credit conditions after disinflation, experts hail move.
On Monday, September 22, 2025, the naira experienced a mixed fortune in the official and parallel markets, closing at N1,488 and N1,517 per dollar, respectively.
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