nigeria economy

Far-right firebrand Geert Wilders has conceded he will not become prime minister of the Netherlands, Ukraine has stepped up drone strikes on oil refineries deep inside Russia, and a bill to ban TikTok in the US passed the House of Representatives. Plus, Nigeria is in the middle of a currency crisis and the government is blaming Binance for a lot of it.

Mentioned in this podcast:

Geert Wilders announces he will not be PM

Ukraine strikes oil refineries deep inside Russia

US House votes through bill to ban TikTok

Nigeria pushes Binance for user data in stand-off over naira speculation

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed at securing a cease-fire with Hamas, again dismissing the militant group’s demands as “delusional.”

Vladimir Putin praised Joe Biden as a more reliable alternative for Russia than Donald Trump, making his first public comments on the American presidential election.

Donald Trump is considering scaled-back commitments to some NATO members and a push for Ukraine to negotiate an end to the war with Russia if he returns to power next year, according to people familiar with the matter.

Bank of England Governor Andrew Bailey said weaker-than-expected inflation in January “pretty much leaves us where we were” after the data prompted traders to shift forward bets on interest-rate cuts.

Japan’s economy unexpectedly slipped into recession after shrinking for a second quarter due to anemic domestic demand, prompting some central bank watchers to push back bets on when the nation’s negative interest rate policy will end.

At least one person has been killed and more than 20 others wounded after a shooting at a parade in Kansas City celebrating the winners of the Superbowl.

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