Source link The West African nation’s authorities are investigating Binance and others for alleged terrorism financing and money laundering Major global cryptocurrency exchange Binance has announced that it will halt all transactions and trading in Nigeria’s local currency, the naira (NGN), after Friday. The firm did not provide a reason for the decision, but it […]
Source link The landlocked country is reportedly in talks with Togo to maintain maritime trade despite its withdrawal from ECOWAS Niger has taken steps to secure access to the sea through neighboring Togo for commercial purposes after announcing plans to withdraw from the Economic Community of West African States (ECOWAS), which allows cross-border trade and […]
Source link Mali, Burkina Faso, and Niger are demanding an immediate withdrawal from ECOWAS, rejecting a one-year notice period The military governments of Burkina Faso, Mali, and Niger failed to comply with the rules in their decision to withdraw from the Economic Community of West African States (ECOWAS), the regional bloc said on Thursday, calling […]
Source link Carlsberg Group had previously announced having de-consolidated Baltika Breweries, its Russian business The financial loss sustained by Danish brewing multinational Carlsberg Group due to its exit from Russia amounted to 40.8 billion Danish krone ($5.9 billion), according to the company’s full-year 2023 earnings report released on Wednesday. Last year, the Russian authorities took […]
Source link ECOWAS will be worse off after the withdrawal of Mali, Burkina Faso, and Niger, Daniel Bwala has told RT The withdrawal of Mali, Burkina Faso, and Niger from the Economic Community of West African States (ECOWAS) will have a significant impact on the bloc’s remaining members, Nigerian lawyer Daniel Bwala has told RT […]
Source link Several members of OPEC affirmed on Saturday their commitment to the organization and its objectives after Angola decided to quit the group. The African nation announced earlier this week that membership in OPEC no longer served its interests. The move came after the cartel asked Angola to cut production by 1.1 million barrels […]
Source link The German industrial giant took a €600 million hit, according to its annual report German multinational conglomerate Siemens has revealed it suffered losses of €600 million ($650 million) as a result of its decision to leave the Russian market amid Western pressure and Ukraine-related sanctions on Moscow. In its report for the fiscal […]
Source link Beijing’s investment initiative has failed to benefit Rome, according to Foreign Minister Antonio Tajani The Italian government has formally announced its decision to exit China’s massive Belt and Road Initiative (BRI) as it “has not produced the desired effects” Bloomberg reported on Wednesday, citing the country’s deputy prime minister and foreign minister, Antonio Tajani. […]
Source link Around 72% of UK citizens believe that leaving the EU has had a negative economic impact A majority of Britons now regret Brexit and want to rejoin the European Union, a YouGov poll published on Wednesday has revealed. Seven years on from the referendum campaign in the UK, the pollsters said that 52% […]
Source link An arrangement similar to the Reagan-negotiated deal to lift siege of Beirut is reportedly being discussed by the US and Israel The administration of US President Joe Biden is reportedly seeking a resolution of the humanitarian disaster in Gaza similar to what President Ronald Reagan imposed on Israel during the 1982 siege of […]