It was a major breakfast for the opposition as a prominent former governor, who served under the PDP platform, joined the APC ahead of major governorship election.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Spain's leftist government said Monday it had fined Airbnb more than 64 million euros ($75 million), notably for posting listings for banned rental properties, at a time the country faces a housing crisis. The fine is equivalent to six times the illegal profit made by Airbnb between the time the company was warned about the offending adverts and before they were taken down, the ministry added.
Brussels is headed for a showdown this week over the European Union's free-trade deal with South American bloc Mercosur, after Paris launched a last-ditch effort to derail the signing of the landmark accord. European Commission chief Ursula von der Leyen is due in Brazil on Saturday to sign in the agreement, which, 20 years in the making, would create the world's biggest free-trade area.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Workers at the Louvre Museum are set to begin a rolling strike on Monday to demand extra staff and measures to tackle overcrowding, adding to the woes of the Paris landmark.
Asian markets dropped Monday as concerns about the AI-fuelled tech rally returned to the spotlight after weak earnings from two big-name firms last week revived questions about the wisdom of the vast sums invested in the sector. Those concerns were compounded last week following disappointing earnings from sector giants Oracle and Broadcom.
A Hong Kong court will decide on Monday whether pro-democracy media mogul Jimmy Lai is guilty of national security crimes, in a case that has sparked international concern over the city's political freedoms. - On Monday morning, High Court judges Esther Toh, Alex Lee and Susana D'Almada Remedios will decide if Lai is guilty or not guilty of each of the three charges.
A rags-to-riches tycoon, Hong Kong media boss Jimmy Lai is a self-styled "troublemaker" who has long been a thorn in Beijing's side with his caustic tabloids and unapologetic support for democracy. - Tiananmen watershed - Lai rose from poverty, like many Hong Kong tycoons.
Prime Minister Sebastien Lecornu was urged on Sunday by local officials to intervene to avoid an escalation as French farmers protested the use of police force and the culling of cows due to a skin disease. "We must do everything we can to avoid escalation and confrontation."
The Nigerian naira is on rebound in the foreign exchange market, appreciating to N1,454 per dollar following the increase in Nigeria's external reserves.
Economy
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