Nigeria’s power Generation Companies (Gencos) recorded a weak cash recovery in 2025, with only 39.25 per cent of their total invoices settled, as unfunded government subsidies ballooned to N1.85 trillion in one year, weighing heavily on the liquidity of the electricity market. Latest industry data showed that Gencos issued invoices …
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President Donald Trump imposed an additional 10 percent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke to his signature economic policy. Members of the media raise their hands to ask questions to US …
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Tokyo stocks closed sharply lower on Monday, weighed down by a strong yen and tracking losses on Wall Street amid US-China trade woes. The benchmark Nikkei 225 index dropped 1.74 percent, or 366.87 points, to end at 20,720.29 while the broader Topix index lost 1.80 percent, or 27.58 points, at …
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