Latest data from NBS showed that once again Nigeria’s inflation in August 2025 as headline dropped to 20.12% while food slowed to 21.87 per cent.
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FG to train 100,000 construction workers, provide job opportunities nationwide for artisans
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Trump concerned S. Korean arrests could 'frighten' investors
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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US imports from Nigeria crash by 41% as Trump's tariff escalates trade tensions
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Aston Martin cuts jobs as weak China demand weighs
Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year. Aston Martin, which is slowly transitioning to electric car models, said it hoped for annualised savings of £25 million.
Erosion of multilateralism threatens global stability: S.Africa leader
The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US Treasury secretary. "The erosion of multilateralism presents a threat to global growth and stability," Ramaphosa said in his opening address.
Stellantis says 2024 profits fall 70% on N. America troubles
The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles in North America.
LCCI calls on NPA to reconsider hike in Port tariffs, as it could worsen inflation
The Lagos Chamber of Commerce and Industry (LCCI) has spoken up on the recent hike in ports tariffs, listing out the adverse impacts it would have on Nigerians.
Indonesia agrees deal with Apple that could end iPhone sales ban: reports
Indonesia has struck a deal with Apple for the tech giant to invest in the country, local media reported a minister as saying Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy. The MoU allows for the revoking of the iPhone 16 sales ban under certain conditions, according to the reports.
Hong Kong to slash public spending, build AI institute
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Again, dollar falls in foreign exchange market as official, parallel rates narrow
The US dollar crashed again in the foreign exchange market as the naira continued to surge against major currencies, closing at N1,501 per dollar on Tuesday.
Most Asian markets rebound as Hong Kong tech rally resumes
Asian markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.
Under pressure, EU to take axe to green rules
The EU is expected to roll back a slew of environmental rules on Wednesday as it charges ahead with a deregulation drive in a bid to keep up with the United States and China. Climate groups oppose paring back the rules.
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