French luxury giant LVMH half-year net profit drops 14%
AFP The world’s largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. The drop in profit to 7.26 billion…
AFP The world’s largest luxury group, LVMH, said Tuesday its half-year net profit slid 14 percent amid an uncertain geopolitical and economic environment. The drop in profit to 7.26 billion…
Bloomberg A majority of Africans say they would accept a military takeover of government if elected leaders were abusing power, a survey carried out across 39 countries showed. Two-thirds of…
Bella Ifasola A police inspector, Dasu Kassa, has died in Adamawa State, northern Nigeria. Kassa was reportedly found deceased at his residence in Anguwan Yungur, Girei Local Government Area, on…
Reuters Some of the staff at Elon Musk’s Neuralink are making preparations to sell the brain implant company’s stock in the wake of its valuation jumping following its first human…
Bloomberg A standoff is building between Africa’s richest man and the president of the continent’s most populous economy. Stung by accusations from his home nation’s government that he’s seeking a…
Olayomi Koiki Abuja – The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75%…
Bloomberg Cape Town – South African President Cyril Ramaphosa has signed a landmark bill that will compel all levels of government to take climate considerations into account when setting budgets…
AFP Israel swiftly condemned an agreement brokered by China Tuesday which Beijing said would bring Hamas into a “national reconciliation government” for post-war Gaza. Foreign Minister Israel Katz insisted that…
Bloomberg A sizable portion of World Trade Organization (WTO) members supported a move from a group of African countries pushing for Director-General Ngozi Okonjo-Iweala to expedite a run for a…
Olayomi Koiki Abuja – The Independent Petroleum Marketers Association of Nigeria (IPMAN), has said Nigeria’s fuel subsidy expenditure might cross N700 billion monthly. The Secretary of IPMAN, Abuja-Suleja, Mohammed Shuaibu…