Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
Government launches the 2026 TVET Initiative, offering Nigerian youth tuition-free training, a monthly stipend, and startup kits for practical skills development.
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies amid fears his policies may reignite US inflation, which rose on latest data.
The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion servicing external debt in 2024.
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest rates. The October increase puts a slight spanner in the works of the Federal Reserve, which recently began lowering interest rates in response to easing inflation.
Britain's The Guardian newspaper announced Wednesday it would no longer post content from its official accounts on Elon Musk's X, branding it a "toxic media platform" home to "often disturbing content".
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.
The Nigerian currency, the naira sank to its lowest in the official foreign exchange market on Tuesday, November 12, 2024, closing at N1,689.44 per dollar.
Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at least for now -- with the US president-elect handing him an outsized role to overhaul the government. Years later, Musk has become Trump's most prominent celebrity endorser, leaning fully in to get him and his "Make America Great Again" agenda back in the White House.
Several Australian airlines on Wednesday cancelled their flights to and from the Indonesian resort island of Bali, after a nearby volcano catapulted an ash tower miles into the sky. Australian tourists make up one of the biggest groups of tourists that visit the resort island every year.
Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) organisation leaders overshadowed by fears of renewed global trade tensions under Donald Trump. Xi will join leaders from the United States and other Asia-Pacific nations in the Peruvian capital Lima for the APEC gathering, after which he will go to Brazil for a G20 summit.
Economy
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