Category : Search result: European Central Bank


World Bank Confirms Nigeria's $1 Billion Loan Request

The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.

Premier League Blames Europe for Boxing Day Cuts

English Premier League reveals why fewer Boxing Day matches will be broadcast this season, pointing to expanded European competitions as the culprit behind the festive football reduction.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

SHEIN Opens First European Physical Store in Paris

Chinese fashion powerhouse SHEIN is making bold moves in Europe with its first-ever physical store opening in Paris. Discover how this e-commerce giant is bridging online and offline retail experiences.

Italy Court Blocks Sicily Bridge, PM Meloni Outraged

Italy's administrative court halts controversial Messina Strait Bridge project, triggering furious response from Prime Minister Giorgia Meloni who vows to continue fighting for the infrastructure development.

Eurozone Growth Beats Expectations in Q1 2024

The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.

Virgin Advances Plans for Eurostar Rival Service

Richard Branson's Virgin Group advances plans to challenge Eurostar's monopoly with new high-speed rail services connecting London to European cities. Get the latest on this game-changing development.

ECB Holds Rates Steady Amid Inflation Concerns

European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.

Nigeria's Money Supply Drops 1.58% in September

CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

Recover Money Sent to Wrong Bank Account in Nigeria

Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Nigeria Aims for $1 Trillion Economy by 2030

Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.

Kogi Senator Natasha Storms Court in Election Showdown

In a dramatic courtroom spectacle, Kogi Central Senator Natasha Akpoti-Uduaghan made a powerful appearance at the Federal High Court in Abuja, challenging election results amid tight security and massive supporter turnout.

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