Economy
Consumer Spending Slowdown Threatens Job Market Growth as Inflation Bites
America's job creation engine is losing steam as inflation weary consumers increasingly tighten their wallets, forcing employers across multiple sectors to reconsider their...
Senate probe into oil sector audit hits roadblock as CBN, NDDC and NUPRC skip hearing
A high stakes Senate investigation into Nigeria's oil and gas sector transparency has suffered an embarrassing setback after three major government agencies failed...
Cyprus Central Bank Chief Warns of Rising Inflation Risks Despite Holding Rates Steady
The governor of the Central Bank of Cyprus has thrown his support behind the European Central Bank's decision to hold interest rates steady,...
European Markets Surge as Oil Retreats From $100 Mark Amid Middle East Tensions and Trump Tariff Warnings
European equity markets rallied on Friday morning as crude oil prices pulled back sharply from the psychologically significant $100 per barrel threshold, offering...
American Express Raises Revenue Forecast as Affluent Spending Remains Strong Despite Market Concerns
American Express delivered a stronger than expected performance in the second quarter, surpassing profit estimates and lifting its full year revenue forecast as...
Luxembourg Halts Israeli Bond Trading as Home Affairs Fraud Probe Deepens and Burnham Enters Downing Street
Luxembourg has signaled an end to Israeli government bond trading on European markets, confirmed this week by Finance Minister Gilles Roth, who stated...
Cyprus Energy Minister Says Trump Engagement Critical for Western Energy Security
President Donald Trump is amplifying claims that his administration's energy policies have become essential to Europe's security, sharing praise from a senior Cypriot...
Nigeria Awards 37 Oil and Gas Blocks to 31 Companies in Historic Licensing Round
Nigeria has concluded one of its most significant petroleum licensing rounds in recent history, awarding 37 oil and gas blocks to 31 companies...
West African Leaders Greenlight Massive $25 Billion Nigeria to Morocco Gas Pipeline
West African leaders have thrown their political weight behind one of the continent's most ambitious infrastructure projects, endorsing a $25 billion gas pipeline...
Britain Nationalises Chinese Owned Steel Giant as Beijing Demands Billions in Compensation
A bitter diplomatic confrontation is brewing between London and Beijing after the British government seized control of the nation's last remaining virgin steel...
