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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"N87 trillion debt:" IMF offers Nigeria, other African countries conditions for debt forgiveness
The International Monetary Fund has offered to provide a debt-for-climate swap deal to Nigeria and other debt-ridden countries in Africa and elsewhere.
IMF to revise regional outlook over Israel-Hamas conflict
The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the ongoing Israel-Hamas conflict. It did not say if the revisions would be released ahead of its next outlook publication, which is due in January.
US Fed Chair Jerome Powell calls rate cut speculation 'premature'
It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday. On Friday, Powell said the Fed's rate-setting Federal Open Market Committee (FOMC) would continue its inflation battle despite the apparent success of its "restrictive" stance of monetary policy.
UK unveils £11 bn windfarm investment by UAE, German firms
UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant RWE to invest up to £11 billion ($14 billion) in a giant offshore windfarm. "I'm pleased to announce a new deal between Masdar and RWE, which includes a commitment to jointly invest up to £11 billion into the UK's new windfarm at Dogger Bank," said Sunak.
Designer Matthew Williams leaves Givenchy
Fashion designer Matthew Williams is leaving Givenchy after three years as creative director, the French luxury brand announced Friday, in the latest shake-up at the top of the luxury business. Williams described his time as creative director as "the dream of a lifetime" in the statement.
Inflation, unemployment weigh on DR Congo leader's economic gains
President Felix Tshisekedi, who once vowed to transform DR Congo into "the Germany of Africa", has promised to create jobs if he is re-elected, after a first term marked by economic growth but soaring inflation. Jobs are a hot-button electoral issue -- Tshisekedi has promised to create 6.4 million by attracting investors, and the main opposition candidates are also promising jobs.
British train drivers set to continue pay strike
Train drivers belonging to Britain's Aslef union on Friday voted to continue strike action for the next six months in a long-running dispute over pay that has caused chaos on the country's rail network. Aslef's decision to continue striking comes after rail workers with the RMT union voted on Thursday in favour of a pay deal to end more than a year of walkouts.
British inventor Dyson loses Brexit libel claim
The billionaire inventor James Dyson has lost a libel action against a British newspaper which commented on how he supported Brexit but then moved his business to Singapore, a judge ruled Friday.
"Nigerians don't care about debt figures If things are costly": economist Shreds Tinubu's budget
'Bismarck Rewane has revealed that Nigerians don't care about budgetary figures if the cost of living remains high and Nigerians continue to battle inflation.
Economy
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