A father recounted the shocking final words of his slain son, Abdussamad Jamiu, a NYSC member allegedly shot by soldiers in the Dakwa community, Abuja.
CBN introduces zero fees for transfers below ₦5,000, encouraging cashless transactions. New PoS charges offer predictability, despite higher fees on larger transfers
Russia's gas transit to Europe via Ukraine stopped on Wednesday, Moscow and Kyiv said, ending a decades-long arrangement and marking the latest casualty of the war between the neighbours. Russian gas has been supplied to Europe via pipelines crossing Ukraine since the end of the Soviet Union in 1991 in an arrangement that earned revenues for Moscow from the gas and for Kyiv from the transit fees.
From "A Farewell to Arms" to the cartoon character Popeye the Sailor, thousands of artistic works will enter the public domain in the United States on Wednesday.
A towering wooden "Grand Ring" built for Expo 2025 in Osaka pays homage to Japan's architectural history and is a symbol of unity despite criticism over costs, its creator says. So the Expo is also a "wonderful occasion to show that Japan has a long history" of wooden buildings, Fujimoto said.
Ukraine's decision to turn off the taps keeping Russian gas flowing via its territory to Europe has already sown trouble in the continent's east, with Moldova declaring a state of emergency and Slovakia threatening Kyiv with retaliation. Almost a third of the Russian gas sold to Europe is transported via Kyiv's territory, said Phuc-Vinh Nguyen, head of the Jacques Delors Institute's Energy Centre.
Victims of a £10 million ($12.5 million) London jewellery raid have offered rewards of up to £1.5 million to help recover the gems and catch the thief. "The suspect has stolen £10.4 million worth of jewellery, much of which is sentimental and unique in its design, and therefore easily identifiable," he added.
CBN governor said the decision to put the Electronic Foreign Exchange Matching System in place stems from its realization that central banking depends on confidence.
Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts. Investors as well as central banks were anxious about the pace of interest rate cuts: Not too fast to reignite inflation but not so slow activity falls.
The Nigerian naira traded negatively in the Electronic Foreign Exchange Market System (EFEMS) on Monday, December 30, 2024, despite FX reserves growth.
President Xi Jinping said China will put in place "more proactive" macroeconomic policies next year, state media reported, as he addressed a top political advisory body on Tuesday.
Economy
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