The Nigerian currency has continued its upward climb against the dollar in official and parallel markets, closing at N1,527 and N1,565 per dollar, respectively.
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Where do trade talks stand in the rush to avert higher US tariffs?
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Setback for Lagos as investors abandon Lekki-Epe truck parks, give reasons
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Senegal set to announce breakaway development agenda: PM
Senegal's government will on Monday present plans to break away from foreign dependence and debt in favour of local resources and human capital, said Prime Minister Ousmane Sonko. Sonko described Senegal's economic situation as "catastrophic" at the end of September following a government review of public finances.
Nigeria’s economy experiences surge in FX Inflow as naira appreciates against the dollar
The Nigerian economy experienced massive foreign exchange inflows in the first half of this year, totalling over $7 billion more than the 2023 inflow.
Sculptor Lalanne's animal creations sell for $59 mn
A giant bear, a winged rabbit and a rhino were among the 70 animal bronzes and stone works by celebrated sculptor Francois-Xavier Lalanne that fetched $59 million at Christie's in New York this week.
From Tesla to Trump: Behind Musk's giant leap into politics
With his no-holds-barred embrace of Donald Trump, Elon Musk is not only backing the former president's bid to return to the White House but also signaling his own ambition to command the world stage on his terms.
JPMorgan Chase profits top estimates, bank sees 'resilient' US economy
JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.
EU questions shopping app Temu over illegal products risk
The EU on Friday told Chinese-founded e-commerce platform Temu to hand over more information as it suspects the site is failing to do enough to stop the sale of illegal products. The European Commission, the EU's powerful digital watchdog, said it demanded Temu explain what measures have been taken to stop traders appearing and reappearing on the platform "selling illegal products".
CBN reacts as customers of GTB, Zenith, others raise alarm over consistent network failure
Consumers concerned that the frequent network failure of banks was becoming more regular and frightening spoke with the News Agency in Abuja, Nigeria's capital.
Han Kang's books sell out in South Korea after Nobel win
Major South Korean bookstores sold out of author Han Kang's books Friday, as sales skyrocketed and the share price of local publishers soared following her historic Nobel Prize win. It was like I won the award really," she told AFP. "A South Korean winning the Nobel literature prize is just crazy." hs-cdl/ceb/dhw
UK economy rebounds in August in boost to new govt
Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October. - 'Mild slowdown' - Revised official growth data revealed last month that Britain's economy grew less than initially estimated in the second quarter.
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