Nigeria’s public finances will continue to deteriorate. – Moody’s
After Moody’s downgraded Nigeria late on Friday from B3 to Caa1, warning that the government’s fiscal and debt position was expected to worsen, Nigeria’s government
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
UK PM Rishi Sunak fires party chairman over $6m tax bill allegations.
The chairman of the ruling Conservative Party was dismissed by British Prime Minister Rishi Sunak on Sunday for a “severe breach” of ethics in not
Food crisis in Africa: Development partners pledge $30b over 5 years.
In his concluding remarks at a summit on food security on Friday, Akinwumi Adesina, President of the African Development Bank, announced that development partners have
Intel’s loss of $8b market value signals the eclipse of the PC industry.
The market capitalization of Intel Corp was reduced by roughly $8 billion on Friday as a result of the American chipmaker’s gloomy earnings forecasts, which
FBI neutralizes Hive, one of the big 5 ransomware gangs in the world.
Attorney General Merrick Garland and other U.S. officials announced Thursday that the FBI and international partners have at least temporarily disrupted the network of a
EU agrees to deport more people back to Africa, the Middle East, and Asia.
The migration ministers of the European Union will meet on Thursday to discuss visa limits and improved cooperation within the union in order to be
NYSE was hit by volatile trading resulting from a technical issue impacting major companies’ stocks.
A technical problem that hindered the opening auctions in several listed equities was caused by a manual error, the New York Stock Exchange reported on
Microsoft cloud outage crippled businesses in the U.S., Europe, Asia Pacific, the Middle East, and Africa.
On Wednesday, Microsoft Corp. experienced a network outage that rendered its Azure cloud platform, as well as applications like Teams and Outlook, unavailable, potentially impacting
Lekki Deep Seaport: Nigeria stakes its economic future on a port 75% owned by China.
President Muhammadu Buhari of Nigeria has celebrated the completion of a $1.5 billion deep seaport built by China in the commercial center of Lagos, which
Japan saw a record-low number of births in 2021; societal functions were threatened. – P.M
The world’s oldest society, according to Japanese Prime Minister Fumio Kishida, must act “now or never” if it is to reverse its plummeting birthrate. During
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