The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
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CBN sends warning to those spraying, hawking naira, advocates clean naira note
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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India's Modi dangles tax cuts as US tariffs loom
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25 Banned Items: US may ban more products, data shows top Imports from Nigeria in 2025
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FG opens registration for free financial training on investing, forex trading, entrepreneurship
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Thames Water says needs more time for financial turnaround
Struggling UK utility firm Thames Firm needs more time to turn around its fortunes after announcing a slump in profits and mounting debt, one of its bosses said Tuesday. The Environment, Food and Rural Affairs Committee called a number of Thames Water bosses to give evidence about its debts.
Blue Origin announces space launch next week, first since 2022 crash
Blue Origin said on Tuesday it was aiming to launch its New Shepard suborbital rocket next week, the first mission since an uncrewed crash in September 2022 set back Jeff Bezos' space company. The two companies compete in the emerging space tourism sector, offering a few minutes of weightlessness in "suborbital" space.
Palestinian economy severely impacted by Israel-Hamas war: World Bank
The Israel-Hamas war in Gaza is having a severe impact on the Palestinian economy, according to the World Bank, which now estimates sharp economic contraction this year and next. Beyond the immediate human cost, the Israel-Hamas conflict has also "severely impacted the Palestinian economy," the World Bank announced in a statement published Tuesday.
Argentine government to unveil measures to avoid 'hyperinflation'
President Javier Milei's new government will on Tuesday unveil a set of emergency measures to avoid "hyperinflation" that are expected to deliver a shock to the country's ailing economy. The decision is to avoid it," government spokesman Manual Adorni said Tuesday.
US Fed kicks off rate meeting with another pause expected
The US Federal Reserve began a two-day interest rate meeting Tuesday at which policymakers are widely expected to hold rates steady for a third straight meeting as they continue the fight against high inflation.
Tinubu approves operation of first electric taxis in Nigeria, announces next big move
President Bola Tinubu has inaugurated 107 Mass Transit vehicles in Maiduguri in addition to 50 electric taxis purchased by the Borno state government
US consumer inflation slows in November but pressures remain
Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control. The consumer price index (CPI), a closely eyed gauge of inflation, rose 3.1 percent from a year ago, said the Department of Labor, down from a 3.2 percent rate in October.
Stallion Nigeria reacts after UBA took over its assets over alleged N156bn debt
Stallion Nigeria Limited has stated in a statement that it is not true that it owes the United Bank for Africa the sum of N156 billion as claimed by the bank.
'New era': Berlin-Paris sleeper train completes maiden trip
A new sleeper service between Berlin and Paris arrived in the French capital on Tuesday, reflecting a growing drive for night trains as an alternative to short-haul flights. There are currently no direct daytime train services between Paris and Berlin.
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