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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CBN boosts dollar supply, naira strengthens in official and parallel markets
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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UK govt faces major rebellion in welfare vote
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FG invites Nigerians to apply for N50k for their business, releases link
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General strike in Greece against cost of living
Thousands of people demonstrated in Athens and other cities Wednesday as a 24-hour general strike against the rising cost of living shut down public services and part of the transport network. Some 15,000 people marched in the capital, while another 4,000 demonstrated in Greece's second city Thessaloniki, police said.
Floods to shave 0.2 percentage points off Spain's growth
The floods which killed 227 people in Spain last month could shave 0.2 percentage points off its economic growth in the final quarter of 2024, the central bank said Wednesday. "The estimated impact would be close to -0.2 percentage points on the quarterly growth rate in the fourth quarter," Bank of Spain governor Jose Luis Escriva told reporters in Madrid.
“We expect”: New report predicts exchange rate for naira by December
A new report by Meristem Securities Limited says the naira will suffer further depreciation before the festive season as demand for foreign currency increases.
Japan ramps up tech ambitions with $65 bn for AI, chips
Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking population.
Nigeria ranks high as World Bank releases list of top 10 most indebted countries in 2024
The World Bank's 2024 financial statement 2024 shows that Nigeria remained in the top three most indebted countries to the International Development Association.
Asian markets struggle as traders weigh geopolitical tensions
Asian investors struggled Wednesday to track a positive lead from Wall Street as they assess the prospect of an escalation in the Russia-Ukraine war, Donald Trump's second presidency and the outlook for US interest rates. That has dampened hopes for several Federal Reserve interest rate cuts next year.
Strike at French cognac maker Hennessy over measures in China spat
Strike at French cognac maker Hennessy over measures in China spat
Trump names China hawk Howard Lutnick as US commerce secretary
US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. As co-chair of Trump's transition team, Lutnick has been identifying new hires for the president-elect's administration. bys/bjt
Trump names China hawk Howard Lutnick commerce secretary
President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. Trump's administration could harden this stance.
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