
The Nigerian currency has maintained its pressure on the dollar for the fifth consecutive day, with the Central Bank of Nigeria releasing a new exchange rate.
The Nigerian currency has maintained its pressure on the dollar for the fifth consecutive day, with the Central Bank of Nigeria releasing a new exchange rate.
As she watched her five-month-old son lying in intensive care, wires and tubes crisscrossing his tiny body, Uyanga cursed her hometown Ulaanbaatar and its chronic pollution. "I was so scared when he was admitted to intensive care," said Uyanga, who, like many Mongolians, goes by one name.
Asian equities mostly fell Wednesday as investors fret over Donald Trump's ever-changing trade policies amid increasing concern that his tariffs could send the US economy into recession. But Hong Kong, Shanghai, Singapore, Wellington and Manila were in the red, with Sydney down more than one percent, on concerns about the impact of Trump's latest tariffs on Australia's economy.
Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back away from renewable energy and beef up fossil fuel developments.
President Donald Trump responded Tuesday to plummeting Tesla share prices by briefly turning the White House into a showroom, announcing he was buying one of the electric cars manufactured by close advisor Elon Musk, and threatening anti-Tesla protesters with "hell."
Nigeria has an urgent need for affordable housing units for low-income households, as a report has shown that almost 60% or urban dwellers live in urban slums.
Italian defence group Leonardo will use international alliances to help accelerate growth and face competition amid rising geopolitical tensions, its chief executive said Tuesday. Its results come against the backdrop of rising geopolitical tensions that have prompted European nations to step up military spending.
The Federal Inland Revenue Service (FIRS) has revealed that the proposed e-invoicing will enhance Nigeria's tax-to-GDP and boost the country's rating globally.
Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF financing, citing the economic hardship placed on ordinary citizens. They were introduced as part of efforts by the previous government to reach a $3-billion International Monetary Fund bailout, which was eventually secured in 2023.
US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States.
Economy
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