The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes.
2 Sep 2022
The largest outdoor advertising billboard is in Dubai and measures a massive 6,260m2. It won’t be for much longer though, as a gargantuan billboard currently under construction in Lagos is set to surpass it.
18 Aug 2022
Nigeria’s inflation rate has defied monetary tightening, hitting 19.64 percent in July, a level not seen in over one-and-a-half decades. This bombshell was dropped yesterday by the Statistician-General of the Federation and Chief Executive Officer, National Bureau of Statistics (NBS), Prince Semiu Adeniran, when he released the Consumer Price Index (CPI) for July 2022 in Abuja.
15 Aug 2022
An explosion at a market in the Armenian capital, Yerevan, has killed at least one person and injured many more. The initial blast sparked a fire.
30 Jan 2022
It's been a rollercoaster 24 hours on global stock markets, with huge swings on Wall Street and volatility hitting its highest level since October 2020. Investors are waiting for the decision from the US Federal Reserve on when it will start raising interest rates, but are also concerned about the rising tensions at Ukraine's border. Meanwhile, Bitcoin has slumped as low as $33,000, down over 50 percent from its peak in November. Our Business Editor Stephen Carroll has the details.
10 Dec 2021
Dresden's famous christmas market, the Striezelmarkt, has been around for centuries. This year, the planned opening was canceled due to the high incidence rate of coronavirus infections in the state of Saxony.
1 Oct 2021
Anti-government coca farmers throw homemade dynamite sticks at the police in La Paz, as they continue their attempts to regain control of the building that houses the coca market, which a rival group backed by the government forcefully took over.
20 Jul 2021
Nigeria almost lost another highly-trained military officer after a Nigerian Airforce fighter jet was shot down by so-called bandits between the boundaries of Zamfara and Kaduna. But Flight Lieutenant Abayomi Dairo, against all odds, displayed why the motto of the air branch of the Nigerian Armed Forces is "Willing … Able … Ready."
15 Jul 2021
The fragile peace existing at the Ladipo multi-billion naira auto parts market was threatened on Tuesday, July 13 as soldiers and traders clashed. The fracas left several people injured and vehicles destroyed.
27 Jun 2021
Training courses for young female entrepreneurs are bringing about a transformation in commerce in Niger with the so-called women's fairs in Niamey. The events are attended by many customers, including foreigners. The fairs offer quality handicraft products and generate sales of about €15,000 over three days.
24 Jun 2021
The attack comes after Ethiopians recently voted in a parliamentary election. The US has previously accused Ethiopian government forces of ethnic cleansing in the Tigray region.
20 Jun 2021
Pyramids, Tutankhamun masks, Nefertiti busts -- Egypt's souvenir craftspeople are pinning their hopes on a new lease of life, after tourism was battered by the coronavirus pandemic. Anticipating a surge in tourists, the government is investing millions in local replica production to boost revenue.