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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 …
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