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Food Prices Jump By 31% in 12 Months – NBS
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Ebonyi and Abia states led as food prices jumped by 31 per cent within 12 months from July 2022 to July 2023.
This is according...
Hunter Received $260K from China With Joe Biden’s Address on Wire
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First son Hunter Biden received two wire transfers from Chinese nationals worth a total of $260,000 months after dad Joe began his 2020 presidential...
Hyundai, Kia Recall 3.4 Million Vehicles Over Fire Risk
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Automakers Hyundai and Kia are recalling nearly 3.4 million vehicles in the U.S. and due to the risk of engine compartment fires.
The recalls cover...
Rates Hikes, China Swaps Seen as Cardoso Battles to Stabilize Naira
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Analysts are of the consensus that Nigeria’s new central bank governor, Olayemi Michael Cardoso must act fast to restore confidence to the nations battered...
Oil Prices Rise As Crude Oil Inventories Build
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The American Petroleum Institute (API) has reported a build of 1.586 million barrels in U.S. crude inventories, compared to last week’s large 5.25-million-barrel draw.
Analysts...
Market Forces Can Not Stabilise Naira – Oshiomhole
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Former Edo State governor Senator Adams Oshiomhole says government must intervene to stabilise the naira, saying market forces cannot do such.
Nigeria’s currency exchanges for...
HSBC Predicts India Top Investment Choice By 2024
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India's economic resilience, expanding consumer market, and its status as a counterbalance to China make it an appealing choice for investors looking to capitalise...
Elon Musk Says Auto Union’s Demands Would Bankrupt GM, Ford, Chrysler
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Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt...
OpenAI Seeks $90 Billion Valuation in Possible Share Sale, WSJ Says
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OpenAI, the creator of ChatGPT, is talking to investors about a potential share sale that would value the startup at $80 billion to $90...
Senate Confirms Cardoso CBN Governor
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The Senate on Tuesday, September 26 confirmed the nomination of Olayemi Cardoso as Central Bank of Nigeria (CBN)  governor..
The Senate also confirmed the nomination...