Oil prices slipped to their lowest levels in a week on Wednesday as markets weighed the potential impact of U.S. President Donald Trump’s proposed tariffs on global economic growth and energy demand. Brent crude futures fell by $0.29 (0.4%) to settle at $79.00 per barrel, while U.S. West Texas Intermediate (WTI) crude dropped $0.39 (0.5%)…
U.S. President Donald Trump has increased the pressure on Russian President Vladimir Putin to bring an end to the ongoing war in Ukraine. Trump hinted at introducing tougher economic measures against Russia if a peace agreement is not reached soon. His warning comes as the Republican leader continues to tout his ability to end the…
Brazilian football star Neymar Jr. is reportedly exploring a move away from Saudi Pro League club Al-Hilal, but negotiations have hit a roadblock due to his substantial financial demands. A source close to the situation, who wished to remain anonymous, confirmed the ongoing discussions while emphasizing the challenges in reaching an agreement. The 32-year-old forward,…
In an ambitious move to bolster Nigeria’s aviation industry, the Federal Government has unveiled plans to establish an aircraft manufacturing facility in the country. This transformative project is a collaborative effort between XeJet and indigenous banks, with the goal of positioning Nigeria as a leading regional hub for aviation services. The announcement was made by…
The Central Bank of Nigeria (CBN) has taken a significant step toward enhancing transparency and ethical practices in the country’s foreign exchange market. The apex bank recently announced the approval of the Nigerian Foreign Exchange (FX) Code, a comprehensive guideline designed to promote ethical conduct among authorized dealers in the FX market. According to a…
