German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming year, and that it hoped to soften their impact. In a statement, BMW said it expects "some of the tariff increases to be temporary, with reductions from July 2025."
The Alternative Bank has opened its headquarters and workspace at the Marina branch and Alternative Bank Head Office Workspace according to a recent development.
Workers at the world's largest copper mine in Chile suspended a strike launched earlier this week and restarted negotiations with Australian mining giant BHP, the union and management announced Friday.
Qatar Airlines has expanded its cooperation with Access Bank to provide up to a 12% discount on business and economy class tickets to Access Bank clients.
The Federal Government of Nigeria has unveiled a groundbreaking investment opportunity that promises to not only secure the financial future of investors.
The EU on Friday formally requested that Meta detail steps it is taking on transparency after the Facebook and Instagram owner scrapped a widely-used tool for tracking disinformation online. Brussels launched a formal investigation into Meta's Facebook and Instagram in late April, five weeks before bloc-wide elections in June, over concerns the platforms were failing to counter disinformation.
The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to help fund new facilities in the country. The money would give a boost to TI's planned investment of more than $18 billion through the end of the decade to build three new facilities, the Commerce Department said in a statement.
Recent data from the National Bureau of Statistics (NBS) shows that Nigeria's inflation rate for July declined to 33.40% from the 34.19 per cent recorded in June
Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the health of the world's biggest economy.
The Manufacturers Association of Nigeria (MAN) has voiced concerns about the 35% aggregate lending rates that commercial banks impose on companies.
Economy
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