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Nigerian Naira Strengthens to N1,362 Per Dollar on July 25, 2026
Nigerian naira appreciates to N1,362 per dollar as foreign reserves hit $52 billion and oil prices surge. Official and black market rates both strengthen on improved FX liquidity.

Joe Manchin Launches Independent Leadership Council to Back Congressional Candidates
Joe Manchin launches Independent Leadership Council to recruit and support independent congressional candidates. The 78-year-old former senator aims to build a centrist movement, not a third party.

House Passes Permanent Daylight Saving Bill 308-117; Senate Outlook Uncertain
House passes Sunshine Protection Act 308-117 to make daylight saving time permanent. Senate Republicans split on the bill amid concerns about dark winter mornings in northern states.

Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.

Australian Shares Fall as Oil Prices Surge Above $100 and Inflation Fears Return
Australian shares slipped on July 24, 2026, after oil prices climbed above US$100 per barrel, bringing inflation concerns back into focus. Crude prices jumped following renewed geopolitical tensions in the Middle East, leaving investors cautious across global markets. Higher energy costs could put more pressure on businesses, households, and central banks. So, what pushed the…

Gold Drops Rs 1,850 Per 10g on July 24 as Iran War Fears Ease
Gold prices in India fell Rs 1,850 per 10g on July 24, 2026, with 24-carat gold at Rs 14,433 per gram. Silver dropped Rs 5,000 per kg to Rs 2,35,000 as Iran war fears eased.

FTSE 100 Rises 0.32% While DAX Jumps 0.83% as Retail Sales Lift European Markets
The FTSE 100 climbed 0.33% Friday afternoon, reaching 10,673.99 points. Germany’s DAX outperformed, rising 0.83% to 24,969.21 points. Both indices reversed a weaker morning open to trade higher by midday. UK retail sales volumes jumped 1.0% in June, smashing forecasts for a 0.3% decline. That surprise beat helped the FTSE 100 recover from Thursday’s 0.73%…

Swiggy (NSE: SWIGGY) Stock Slides 7% as Flipkart Food Delivery Entry and Foreign Ownership Cap Rattle Investors
Swiggy stock slid as much as 7% on Friday, hitting an intraday low of ₹242.51. Two separate developments triggered today’s sharp selloff in Swiggy shares. Swiggy’s board approved capping foreign ownership at 49.5%, down from 100%. Separately, Flipkart announced plans to enter food delivery within 30 days. Swiggy shares opened at ₹259.27, down from Thursday’s…

Generic Zyrtec Recalled Over Heartburn Drug Contamination July 24
Generic Zyrtec recalled nationwide due to contamination with heartburn drug ranitidine. Four lot numbers affected. No illnesses reported yet. Check your bottles.