It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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Trump says will 'take a look' at deporting Musk
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CBN boosts dollar supply, naira strengthens in official and parallel markets
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FG partners billionaire's firm to distribute 5 million LPG cylinders as cooking gas prices crash
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UK govt faces major rebellion in welfare vote
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FG invites Nigerians to apply for N50k for their business, releases link
Economy Latest News
Asian markets mixed as traders assess latest rally, eye data and earnings
Markets were mixed in Asia on Wednesday following a negative day on Wall Street as observers warn the latest equities rally may have run out of steam, with investors looking for fresh catalysts to kickstart buying. All three main indexes on Wall Street ended in the red, having spent most of the day on the positive side of the line.
Labour crunch forces Croatia to open doors to Asian workforce
Durga Phuyal had hoped to start anew when she landed in Croatia, but the Nepali migrant faced an uphill battle to adjust to life in the Balkan country. In Nepal, Phuyal paid 7,000 euros in total for the various fees, documents and travel expenses before landing Croatia.
Panama opens new cruise ship terminal at mouth of canal
Panama on Tuesday inaugurated a new cruise ship terminal at the mouth of the drought-hit Panama Canal, hoping to attract more tourists to the Central American nation. "The cruise terminal will generate new tourist routes... attracting more visitors to our country," Cortizo said at an opening ceremony.
Canadian farmers 'not satisfied' with EU trade deal
Canadian farmers say they are bewildered by the French Senate's rejection last week of the free trade agreement between the EU and Canada -- as agricultural producers and trade experts suggest that the accord mainly benefits Europeans over their North American counterparts. "We cannot reduce the free trade agreement to just agriculture," added Dufour.
Port blocked by Baltimore bridge collapse is key hub for US shipping
Baltimore's Francis Scott Key Bridge, named after the poet who penned the lyrics to the US national anthem, used to carry around 34,000 vehicles a day across one of the busiest harbors in the United States. The extended closure of the Francis Scott Key Bridge "will inevitably disrupt commercial activities and supply chains," the Maryland Chamber of Commerce said in a statement.
Vietnam appeals to US for 'market economy' status
Vietnam called Tuesday on the United States to recognize it as a market economy, saying stronger trade ties would benefit Washington in key areas as it seeks to diversify from China. Vietnam and China are among a dozen countries designated non-market economies by the United States, allowing tougher actions on exports.
Good news: Petrol price crashes, marketers speak on NNPC’s new price
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the depot price it sold Premium Motor Spirit (PMS) known as petrol to independent marketers.
“FG approves”: CBN to disburse N60 billion to Nigerian youths, small business owners
The Nigerian government has authorised the Central Bank of Nigeria (CBN) to disburse N60 billion to Nigerian youths and small business owners nationwide.
Swiss Re warns insured disaster losses could double in a decade
Insured property losses could double in the coming decade due to climate change and more frequent and more intense severe weather events, reinsurance giant Swiss Re warned Tuesday. Swiss Re estimates that insured losses "could double within the next 10 years as temperatures rise and extreme weather events become more frequent and intense".
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