The names of 37 suspected illegal miners who reportedly died while in NSCDC custody in Niger State have emerged. Here is the full list of those identified.
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.
Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI. The director of Amazon Web Services (AWS) in Latin America, Paula Bellizia, announced the investment at President Claudia Sheinbaum's regular morning news conference in Mexico City.
Nigeria's digital currency, the eNaira, has recovered most of its value, rising by 78.8% to N18.32 billion in the first 10 months of 2024, CBN's data says.
Technology and telecommunications companies reportedly owe banks about N1.69 trillion in the past year due mainly to rising interest rates by CBN.
The United States finalized a rule Tuesday effectively barring Chinese technology from cars in the American market, taking aim at software and hardware from the world's second biggest economy over national security risks.
Swiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that increases had not cut the appetite of consumers. The company posted organic sales growth -- which excludes currency fluctuations and acquisitions -- of 7.8 percent in 2024 to 5.47 billion Swiss francs ($6 billion).
Donald Trump will speak online to the annual meeting of the global political and business elite in Davos next week, days after taking office as US president, the World Economic Forum said on Tuesday. "He will join us digitally" on January 23, WEF president Borge Brende said in a press briefing previewing the annual meeting.
Norway's anti-discrimination tribunal found Air France's policy against seating men next to unaccompanied children to prevent any possibility of predatory behaviour to be discriminatory, a passenger said Tuesday. The man, Dominique Sellier, filed a complaint with the Norway's anti-discrimination tribunal Diskimineringsnemnda.
Over two dozen illegal miners were rescued and at least 15 bodies recovered from an abandoned gold mine in South Africa, as operations continued for a second day Tuesday to reach more people who have been underground for months. Thousands of illegal miners, many from other countries, are said to operate in abandoned shafts across South Africa.
Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.
Economy
Load more
