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Prices for used vehicles in the U.S. rose sharply last month, posting their largest annual increase in nearly three years, according to the latest industry data. The Manheim Used Vehicle…
Samsung Electronics reported a staggering 56% year-on-year decline in second-quarter operating profits, attributing the sharp drop to U.S. export controls on advanced AI chips to China and weak demand in…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reinforced its commitment to the country’s energy transition by donating 35 Compressed Natural Gas (CNG)-powered buses to the Presidential Initiative on…
The International Monetary Fund (IMF) announced on Monday that Ghana has made significant progress in its economic reforms and debt restructuring efforts, six months after the government initiated the program.…
The Central Bank of Nigeria (CBN) has directed banks to submit detailed capital restoration plans as part of its phased exit from pandemic-era regulatory forbearance measures. In a circular issued…
Google has introduced revised adjustments to its search results in a bid to counter mounting criticism from competitors, according to a document reviewed by Reuters. The move comes just days…
Mauritania’s former economy minister, Sidi Ould Tah, was elected president of the African Development Bank (AfDB) on Thursday, succeeding Nigeria’s Akinwumi Adesina and inheriting an institution grappling with the withdrawal…
President Bola Tinubu on Thursday, May 29, 2025, reaffirmed the necessity of his administration’s bold economic reforms—scrapping the petrol subsidy and unifying Nigeria’s foreign exchange windows—insisting they were critical to…
Prices Rise at Fastest Pace Since February 2023British grocery inflation accelerated to 4.1% in the four weeks to May 18, marking its highest level in over a year, according to…
Nvidia (NVDA.O) issued a second-quarter revenue forecast below Wall Street expectations on Wednesday, anticipating significant sales disruption from tightened U.S. restrictions on AI chip exports to China. The semiconductor leader…