Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1. In Ligue 1, another billionaire-owned club, Nice moved back into the Champions League places with a 1-0 home win over Reims.
The CBN said it has been in the process of consulting and negotiating to have Nigeria taken off the Financial Action Task Force's gray list since February 2023.
Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents' dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone. When Qiu was a child, her parents encouraged her to aim for a white-collar office job far from the dust and din of the factory floor.
Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line at Indonesia's inaugural electric vehicle battery plant, the first in Southeast Asia. "This factory and ecosystem is very important for Indonesia's future," he said, adding that in the "near future, the material will come from Indonesia to make a battery cell, to make EVs".
The Nigerian currency, the naira, appreciated against the US dollar by N49 in the official and depreciated in the parallel window to N1,739 as FX reserves rose.
According to data from the IMF, five of Africa’s biggest economies, including Nigeria, contribute a substantial $1.4 trillion to the continent’s GDP.
After over a decade of snapping up Bordeaux wine estates, buying into a dream of elegant living in France and good earnings in their home market, many Chinese investors are now selling up.
The former chief executive of the Abercrombie and Fitch clothing giant has pleaded not guilty to trafficking male models for sex parties around the world, US prosecutors said Friday. Jeffries, Smith and the pair's fixer James Jacobson allegedly used a "casting couch" ploy to groom aspiring male models to attend sex parties at which victims were plied with alcohol and drugs.
Ratings agency Moody's downgraded France's outlook Friday, opening the door to a potential credit rating cut as it cited concerns over the country's finances. In the same statement, the agency affirmed France's credit rating at Aa2, saying this was supported by its "large, wealthy and diversified economy."
The Central Bank of Nigeria (CBN) has disclosed that foreign exchange inflows into the Nigerian economy hit $57bn in August, exceeding the previous year's record
Economy
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