
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.
US car maker Tesla has lost its crown for most sales of all-electric vehicles to Chinese firm BYD, which has capitalized on Beijing's strong government support for the burgeoning sector.
Dr. Olubunmi Tunji-Ojo, the minister of interior, has finally announced a date when Nigerians will no longer need to stand in long queues for passport applications.
Somalia vowed on Tuesday to defend its territory by "any legal means" and recalled its ambassador to Ethiopia after Addis Ababa struck a controversial deal with the breakaway region of Somaliland. "We will defend our land with any legal means possible...
The naira plunged to the lowest again in the official market on Thursday, December 28, 2023, trading at N1,043.09 in the official market and rose in the black market
The federal government has expressed optimism about the naira-to-dollar exchange rate in the new year and has set a new target to be achieved in 2024.
Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty. Despite the upbeat outlook on rates, Asian markets started the year with little fanfare, with Hong Kong and Shanghai extending their 2023 losses.
Ethiopia on Monday struck a "historic" agreement to secure a stake in the main port in Somalia's breakaway region of Somaliland as the landlocked country eyes more access to the sea, officials said. The agreement "shall pave the way to realise the aspiration of Ethiopia to secure access to the sea and diversify its access to seaport," the office said in a statement posted on X, formerly Twitter.
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