Nigeria's ruling party candidate Bola Tinubu was declared president-elect by the country's Independent National Electoral Commission (INEC) on Wednesday after a disputed weekend election. Tinubu, 70, beat Atiku Abubakar, who ran on the ticket of the main opposition People's Democratic Party, and Peter Obi, a third-party
The United States is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve, a release that had been mandated by Congress in previous years. The U.S. Department of Energy (DOE) had considered cancelling the fiscal year 2023 sale of the 26 million barrels
More than 1,200 people have been killed after an earthquake devastated an area of central Türkiye and north-west Syria in the early hours of Monday morning. The earthquake struck on Sunday and was measured at a magnitude of 7.8, reducing buildings to rubble as people slept
Lagos, Nigeria's economic hub and West African trade hub’s shipping terminals are embracing a game-changer deep sea port of transforming the country's trade links. On January 23, Nigerian President Muhammadu Buhari inaugurated iconic Lekki deep seaport, Nigeria's biggest and West Africa's deepest sea port in the
Microsoft announced that it is cutting 10,000 jobs, less than 5 percent of its total workforce. The cuts were "in response to macroeconomic conditions and changing customer priorities," the maker of the Windows operating system said in a U.S. regulatory filing.
The inflation rate in Germany increased to 8.6 percent in December in 2022, the Federal Statistical Office said on Tuesday.
At least 327 people were killed after a magnitude-5.6 earthquake hit Indonesia's West Java province on November 21, according to local authorities.
Former British Finance Minister Rishi Sunak looks set to become the UK's next leader after former Prime Minister Boris Johnson pulled out of the contest on Sunday, saying he had the support of enough lawmakers to progress to the next stage, but far fewer than
Liz Truss resigned on Thursday, becoming the shortest-serving Prime Minister in UK history after she had insisted "I am a fighter, not a quitter," rejecting the calls for her to resign just the day before. So how long is the UK political turmoil going to
Oil prices inched higher in early Asian trade on Tuesday, on expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday but concerns about the global economy capped gains. Brent crude futures rose 43 cents, or 0.5 percent, to
