The Nigerian government has responded to the UK's advice for its citizens to avoid travel to six states, including Katsina and Adamawa, due to security concerns.
The Nigerian currency, the naira, has emerged among Africa's best-performing currencies, ranking high in a newly released report for October 2025.
In a small neon-lit factory in Maputo, a dozen workers are hand-rolling premium cigars intended for the global market, seemingly undisturbed by the pungent tobacco smell. Once the tobacco is rolled and a wrapper applied, a worker cuts each end of the cigar to the required size and places it in a mold for at least 24 hours to get the desired shape.
Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day until the US Election Day on November 5 has raised questions about the legality of such a move.
Britain is urgently looking to reset its trading relationship with the European Union, and sees international commerce as key to reviving UK growth, trade minister Douglas Alexander told AFP. Alexander said Britain's 2016 vote to leave the EU caused "significant disruption" to its trade policy and the country needed to recalibrate its global trade outlook.
Most Asian markets turned lower Tuesday after a negative lead from Wall Street fuelled by profit-taking, while traders try to ascertain the outlook for US interest rates. After the tepid lead from Wall Street, Asia struggled.
According to Norrenberger, Nigeria's inflation is predicted to decline year end as long as efforts by the country's fiscal and monetary authorities are strengthened.
Venezuela on Monday announced the arrest of a former oil minister accused of links to a firm controlled by US intelligence services -- the latest scandal to shake the crisis-hit country's energy sector. They are accused of crimes including "the delivery" of PDVSA's automated control system "to a company controlled by the US intelligence services," it said, without naming the other detainees.
Disney said Monday it will name Bob Iger's successor as chief executive in early 2026 as it tapped former Morgan Stanley CEO James Gorman as chairman of the entertainment giant. Gorman, who exited as Morgan Stanley CEO in 2023, was named to the Disney board earlier this year and has been directing a succession planning committee to pick a replacement for the veteran Iger.
Al-Qard al-Hassan, bombed by Israel over it's Hezbollah links, is a lifeline for mainly Muslim Shiite communities battling a years-long financial crisis that has locked Lebanese out of their bank deposits. Its beneficiaries are mainly Shiite Muslims, but in a country where a five-year economic crisis has forced many into desperation, Christians and Sunni Muslims have also turned to its services.
Nigeria's external reserves rose by $2.29 billion in three months, hitting $38.92 billion in October as diaspora inflow grows and oil prices rise globally.
Economy
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