It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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Trump says will 'take a look' at deporting Musk
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FG invites Nigerians to apply for N50k for their business, releases link
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CBN boosts dollar supply, naira strengthens in official and parallel markets
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UK govt faces major rebellion in welfare vote
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US judge orders Argentina to sell 51% stake in oil firm YPF
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Argentina's Milei wins Congress green light for new IMF loan
Argentina's Congress on Wednesday gave President Javier Milei the green light to reach a new IMF loan agreement, on top of the $44 billion Buenos Aires already owes the lender. The EFF serves to refinance Argentina's debt, to help it pay off the $44-billion loan negotiated under center-right president Mauricio Macri in 2018.
Kazakhstan copper producer pauses some operations after deadly accidents
Kazakhstan's largest copper producer Kazakhmys said Wednesday it was temporarily halting some of its operations due to the "growing number" of industrial accidents at its production facilities. Kazakhmys says it is the world's 20th largest producer of copper concentrate, a processed form of copper ore that has been refined to boost its cooper content.
Apply now: Meta announces Impact grant for Nigeria, other Sub-saharan nations
The Llama Impact Grant for Sub-Saharan Africa is a part of Meta’s broader global initiative, which launched in October 2023, and this one targets Sub-Saharan Africa.
Dangote Refinery halts sale of fuel in naira, gives reasons
Just recently, the NNPC announced an end to the naira-for-crude deal after six months. With the new changes, Dangote Refinery has called for adjustment.
EU skewers Google, Apple over tech rules -- despite Trump threats
The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices. US prosecutors accused Apple of making it hard for its users to interact easily with Android phone users and with rival smartwatches.
UniCredit CEO says prepared to wait on Commerzbank decision
UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank. "At this point, patience is the most important point because we need to execute on our plan, get it done well," said UniCredit chief executive Andrea Orcel Wednesday.
Nigerian Breweries completes acquisition of major competitor, announces expansion plans
Earlier in 2024, Nigerian Breweries acquired 80% stakes in the company. The latest acquisition of the remaining 20% means 100% ownership of the wine maker.
Global music business raked in $29.6 bn in 2024: report
The global music industry raked in a record $29.6 billion last year as online streaming propelled revenues to their highest level since records began in the 1990s, new figures showed on Wednesday. Streaming now accounts for more than two-thirds (69 percent) of global revenues, or $20.4 billion.
Santander to close one fifth of UK branches amid online switch
Spanish bank Santander announced Wednesday plans to close one fifth of its UK branches, impacting 750 jobs, as the switch to online banking gathers pace. As part of the restructuring, Santander plans to contribute to the expansion of local banking hubs and to use "community bankers" who will provide face-to-face support.
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