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Traders quote dollar at new rate as naira appreciates, exchange rate gap narrows further
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Apply: ITF set to admit 100,000 artisans into its free Skill Up programme
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Lagos state government seals Purple Mall, launches investigation into death of young man
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Naira appreciates again as analysts predict return to N1,500 exchange rate benchmark
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US trade deficit widens in May as Trump tariffs fuel uncertainty
Economy Latest News
IMF, Ukraine, reach agreement on $1.1 bn loan disbursement
The IMF said Tuesday that it has reached agreement with Ukraine on a loan program review that paves the way for an additional $1.1 billion in much-needed funds. The swift agreement, which comes just over two months after the last one, will provide Ukraine with a large injection of funds amid Russia's ongoing assault on the country, which entered its 1000th day on Tuesday.
French farmers threaten 'chaos' over proposed EU-Mercosur deal
French farmers stepped up their protests Tuesday against a proposed trade pact between the European Union and four South American countries, blocking a key motorway on the border with Spain and vowing to sow "chaos."
China's Xi urges 'strategic' ties in talks with Germany's Scholz
Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a "strategic" and "long-term" perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de Janeiro, state media said. "The two countries need to view and develop bilateral relations from a long-term and strategic perspective," Xi said.
Walmart lifts full-year forecast after strong Q3
Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as the retail behemoth lifted its full-year financial forecast. The company increased its full-year profit forecast to a range of $2.42 to $2.47 per share, lifting its midpoint of the prior range by five and a half cents.
Farmers descend on London to overturn inheritance tax change
British farmers massed in London on Tuesday for protests against controversial government plans to change inheritance tax rules for land ownership, which they claim threatens to break up the sector and hit food production.
French farmers step up protests against EU-Mercosur deal
French farmers planned on Tuesday to step up their protests against a proposed trade pact between the European Union and four South American countries, saying it threatens their livelihoods.
Negotiators seek to break COP29 impasse after G20 'marching orders'
Negotiators sought Tuesday to break a deadlock at UN climate talks after G20 leaders backed the need for "trillions" of dollars for poorer countries but left key sticking points unresolved.
Crisis-hit Thyssenkrupp books another hefty annual loss
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division. Several key units -- including steel, automotive, and materials -- saw falling orders and sales in 2023/24, with Thyssenkrupp pointing to "significantly weaker demand" from major industries.
Nigerians, others can apply as 11,600 specialists are needed in Germany
Germany urgently needs 11,600 physiotherapists to meet the elderly population's increasing demand, according to survey which shows open vacancies.
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