No fewer than nine people, including a pastor, have been killed during separate attacks in Barkin Ladi, Riyom and neighbouring communities in Plateau State.
CBN absorbs N2.5tn in a heavily oversubscribed OMO auction as investors chase high yields, while tight liquidity sends naira to N1,331 per dollar.
The Central Bank of Nigeria (CBN) has adjusted the Customs exchange for the third time in a week following the naira's massive rally in the forex markets.
Two longstanding US city newspapers, including one immortalized in "The Sopranos," will vanish from newsstands leaving Jersey City without printed news as the media struggles against headwinds nationwide. According to the latest report from Northwestern University's Medill School of Journalism, more than one-third of newspapers -- 3,300 in all -- have gone out of print since 2005.
With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact. Trump's commerce secretary nominee Howard Lutnick said Wednesday "there will be no tariff" if Canada and Mexico acted on immigration and fentanyl.
Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs. As such, we view the advancements made by DeepSeek as promising and healthy for the overall ecosystem."
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution. The company's Client Computing Group, which includes PC chips, saw revenue fall 9 percent to $8 billion in the fourth quarter.
Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers. But the company's Q4 operating profit was lower than that of the previous quarter, which stood at 9.18 trillion won.
US President Donald Trump said he expected to decide Thursday whether to include crude oil imports in tariffs on Canada and Mexico that are due to take effect within days. Canada and Mexico supplied more than 71 percent of US crude oil imports in 2023, with nearly 60 percent coming from Canada alone, a congressional report said.
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike. In stinging remarks, Arnault dismissed Bayrou's plan as "a tax made in France" and offered an unfavourable comparison between France and the United States.
US President Donald Trump -- speaking as the bodies of 67 people were being pulled from Washington's Potomac River -- launched a political attack Thursday blaming diversity hires for the midair collision between an airliner and a military helicopter. Asked again by reporters whether he was blaming workplace diversity for the crash, Trump answered: "It could have been."
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