UK Sees Steepest Annual House Price Drop in 14 Years
UK house prices have experienced their most significant annual decline in 14 years, with August seeing a 4.6% drop, the…
Day: September 8, 2023
UK Property Survey Shows Falling Sales and Frenetic Rental Market
The UK property market is experiencing a dip in house sales due to high mortgage rates deterring potential buyers. In…
UN Food Agency’s Global Price Index Hits Two-Year Low in August
In August, the world price index of the United Nations food agency dropped to a new low for the past…
Strike Disrupts Chevron’s Australian LNG Projects, Threatening Global Supply
Employees at Chevron’s liquefied natural gas (LNG) ventures in Australia initiated a strike on Friday as negotiations failed, potentially disrupting…
President Tinubu Encourages Nigerians in India to Leverage Diversity for Prosperity
During the India G-20 Summit, President Tinubu addressed Nigerians in India, emphasizing that Nigeria’s future is dynamic and abundant in…
FAAN Initiates Relocation of International Airlines to New Terminal at Lagos Airport
The Federal Airports Authority of Nigeria (FAAN) has commenced the process of relocating international airlines to the new international terminal…
Dollar Holds Near Six-Month Highs Amid Inflation Concerns and Fed Hawkishness
The dollar has stabilized near six-month highs, as ongoing signs of inflation in the United States continue to fuel concerns…
Nigeria Records N335m Loss Due to Oil Spills in 2023
Between January and August 2023, Nigeria suffered an estimated loss of N335 million due to oil spills, according to data…
Nigeria Records a Foreign Trade Surplus of N2.22tn in H1 2023
In the first half of 2023, Nigeria’s foreign exchange earnings experienced growth, resulting in a foreign trade surplus of N2.22…
NCC Urges Banks to Settle N120bn USSD Debt to Boost Financial Inclusion
The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has emphasized that the N120 billion Unstructured Supplementary…
Nigerian Stock Market Records N112 Billion Loss as Bearish Trend Continues
The Nigerian stock market experienced another downturn on Thursday, resulting in a loss of N112 billion in market capitalization. This…
Airbus Enhances Production Capabilities for A321XLR in Hamburg
Airbus has inaugurated a new automated A321XLR aircraft equipment installation hangar in Hamburg, a move aimed at modernizing and digitizing…