
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
There has been a big boost for the Kano-Kaduna railway project, as the China Development Bank has released some loan funds to speed up construction.
The release of the Detty December 2024 report has shown that Lagos raked in billions of naira in five weeks. N54 billion to hotels, N4.3 billion to nightclubs
Chinaese Foreign Minister Wang Yi on Thursday pledged Beijing's full support and military aid for the world's poorest continent as he wrapped up his Africa tour in Nigeria.
Italian Prime Minister Giorgia Meloni denied Thursday talking to Elon Musk about a cybersecurity deal with the American billionaire's SpaceX company following reports that sparked controversy in Italy.
China said Thursday that an investigation had found the European Union imposed unfair "trade and investment barriers" on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.
Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.
The Nigerian naira continued its losing streak into the third day, depreciating from N1,538 per dollar to N1,541 and N1,655 in the official and parallel markets.
A top Waymo executive said Wednesday the United States could lead globally on autonomous driving, expressing hope that a national standard under the incoming Trump administration would boost safety. Tech experts expect the Trump administration to set a national standard on autonomous driving standards after Trump donor and Tesla Chief Executive Elon Musk embraced the move.
As Nigeria moves into the dry season, food prices are likely to surge higher. After a bounty harvest, farmers refused to sell to local consumers, but want to export.
Economy
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