Black Thursday

New York CNN  —  The world faces a plethora of serious problems entering 2025. The US economy is not one of them. Powered by relentless spending from consumers, America’s historic economic recovery from the pandemic crash continued in 2024. Economic growth has consistently defied forecasts, overcoming lofty interest rates and…

President Bola Ahmed Tinubu has solicited the support and cooperation of Nigerians as his administrationpursues its goal of a one trillion-dollar economy. In a New Year message Wednesday, the president called on Nigerians to remain focused and united, assuring that 2025 would be better. He said: “As we enter 2025, I wish…

Bitcoin Drops to $92,118 as Crypto Economy Shrinks by Nearly 12%Read More

WASHINGTON – US President-elect Donald Trump’s plans for the largest deportation of migrants in US history would crash the economy, sending inflation and unemployment soaring while undermining trust in the military, senators heard on Dec 10. The Republican leader has vowed to declare an immigration national emergency when he takes office…

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94KRead More

new york —  A scary Monday that started with a plunge abroad reminiscent of 1987’s crash swept around the world and pummeled Wall Street with more steep losses, as fears worsened about a slowing U.S. economy. The S&P 500 dropped 3% for its worst day in nearly two years. The…

NEW YORK (AP) — Japan’s benchmark Nikkei 225 index soared nearly 11% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. The Japanese index advanced more than 3,300 points, not quite making up for the huge loss of more than 4,400 points the day…

Morgan Stanley has thrown its hat into the crypto ETF ring, with the financial institution offering access to two spot Bitcoin funds. Financial advisors operating under Morgan Stanley’s banner can sell BlackRock’s IBIT or Fidelity’s FBTC to wealthy clients. Only those with net worths of over US $1.5m can add…

Air Peace on Wednesday, announced N1.2 million and N4 million respectively on its London route for Economy and Business classes, effective March 30. This is contained in a statement in Lagos by the airline’s Corporate Communications Lead, Mr. Stanley Olisa. Flight tickets for London in Nigeria are between N2.3 million…

News24 Business team Share your Subscriber Article You have 5 articles to share every month. Send this story to a friend! Loading, please wait... Subscribers can listen to this article Photos: Getty, GCIS, Supplied. Graphic: Sharlene Rood SA businesses lived through interesting times in 2023, having to grapple with many…