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Elizabeth Williams

Shock GDP Slide Fuels UK Slowdown Corncern, Investors Eye U.S Fed Rate Decision

New figures out on June 13 showed the UK’s economy unexpectedly shrank in April. GDP contracted by 0.3%, when economists had expected it to...

South Korea Truck Strike Hits Chipmakers, Economy For $1.2 Billion

A strike by truckers in South Korea has cost the economy $1.2 billion in lost production and unfulfilled deliveries. That’s according to government estimates...

Crypto Winter: Bitcoin Plunges As Major Lender Halts Operations, Coinbase Cuts Jobs

In a latest high-profile collapse of a pillar of the cryptocurrency industry, the Price of bitcoin and other cryptocurrencies plummeted Monday after a major...

WTO MC12: European Union Committed To Open And Rules-Based Multilateral Trading System – Council

The European council in a press release says Sunday, states the European Union is committed to an open and rules-based multilateral trading system, with...

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NNPC Boosts Crude Supply To Dangote Refinery To 10 Cargoes

Crude oil supply from the Nigerian National Petroleum Company Limited(NNPC) to the Dangote Petroleum Refinery saw a significant increase in March, raising expectations for improved fuel availability across Nigeria. The development was disclosed by Aliko Dangote, President and Chief Executive of Dangote Industries Limited, during a visit by Amina Mohammed to the company’s industrial complex...

Gunmen Kill Five, Burn Homes And Abduct Residents In Niger

At least five people have been killed and several others abducted after suspected terrorists launched a fresh attack on Baga community in Shiroro Local Government Area of Niger State. The assailants reportedly struck in the early hours of Tuesday, setting multiple homes on fire and forcing residents to flee...

Ondo ADC Suspends Congresses Following INEC Directive On Party Crisis

The African Democratic Congress (ADC) in Ondo State has announced the suspension of its planned ward, local government, and state congresses in compliance with a directive from the Independent National Electoral Commission(INEC). The decision was disclosed in a statement issued on Wednesday by the state chairman, Wole Ademoyegun, who explained that the move aligns...