
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.
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.
The Debt Management Office has revealed that Nigeria's public debt has reached N97.34 billion as the country borrows to fund 2024 budget deficit.
The official and black markets finally narrowed against the dollar as the naira continued to recover in both markets, signalling a good outlook for the economy.
Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday, citing easing economic policy risks, while reaffirming the country's AA- rating. Fitch said in a statement that economic policy risks had eased in the United Kingdom since it issued its "negative" outlook in October 2022, during the brief premiership of former Conservative prime minister Liz Truss.
Nike scored one of the most surprising victories in their long battle to dominate international football business when they outbid Adidas to become Germany's kit supplier. Germany: the final battle Nike scored their biggest upset this week when they persuaded the DFB to drop German manufacturer Adidas after four World Cup wins and 70 years.
The FBI has written to passengers who were aboard a Boeing aircraft that suffered a midair blowout to tell them they may be victims of a crime, US media reported Friday.
Workers at Inditex's Zara and other big name stores protested outside the company shops across Spain on Friday to demand better benefits after the world's biggest fashion retailer reported record profits and raised shareholder payouts.
The Inter-American Court of Human Rights said Friday that Peru had violated residents' "right to live in a healthy environment" in an Andean mining town that is considered one of the most polluted places on earth. In 2006, La Oroya residents sued the Peruvian government at the Inter-American Commission on Human Rights for allowing the company to pollute at will.
Storied Italian luxury brand Valentino and longtime creative director Pierpaolo Piccioli announced Friday they were parting ways. Valentino said it would announce a new creative partnership soon.
The news editor of a regional French daily has been suspended after a front-page headline critical of President Emmanuel Macron, management said Friday, causing outrage across the newsroom. On the basis of the front page, La Provence's news editor Aurelien Viers was suspended for a week, for failing to follow its "values and editorial line", said the paper's managing editor Gabriel d'Harcourt.
Economy
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