New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
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All you need to know as FG says no tax ID, no bank account by January 1, 2026
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How the National Single Window transforms Nigerian commerce
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Business groups ask Ottawa to prevent Air Canada strike
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'Historic': Bad weather slashes wine harvest in France's Jura
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Fiat 500 electric production pauses for one month
Carmaker Stellantis said Thursday it would halt production of the electric version of its emblematic Fiat 500 in Italy due to weak demand, a move that comes as EV sales have slowed in Europe. The carmaker added it was investing 100 million euros ($110 million) to give the compact model a stronger battery and boost production capacity at the Fiat Mirafiori factory outside Turin.
Nigeria sold N14trn worth of crude oil in 3 months, 10 countries emerge as biggest customers
The National Bureau of Statistics has revealed that the federal government of Nigeria, through NNPC, made over N14 trillion from crude oil in three months.
Naira recovers near N1,500/$ as CBN officially adjusts exchange rates, traders happy
The naira rallied against the US dollar in the official exchange rate window on Wednesday, September 11, 2024, to N1,558.75 per dollar from the previous day's rate.
Brazil urges EU to suspend 'punitive' anti-deforestation law
Brazil said Thursday it has urged the EU to suspend the implementation of a ban on imports of products driving deforestation, describing the new rules as "punitive". Brazil said it considered the legislation "a unilateral and punitive instrument that disregards national laws on combating deforestation", adding it increased production and export costs especially for smallholders.
UniCredit CEO says Commerzbank takeover an option: Bloomberg
UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine-percent stake in its German rival.
Ireland launches EU privacy probe into Google AI development
An Irish regulator helping to police European Union data privacy on Thursday launched an investigation into Google's artificial intelligence development. The Irish regulator said that its inquiry "concerns the question of whether Google has complied with any obligations that it may have had to undertake" under the EU's strict General Data Protection Regulation (GDPR).
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