The three major controversies surrounding Wale Edun before he was sacked by President Bola Tinubu has been compiled amid reactions from Nigerians.
SMEDAN has reaffirmed the federal government’s commitment to supporting businesses, while expressing concern over the low application of entrepreneurs for funds.
Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. On Friday US stocks fell, with the Dow and S&P 500 retreating from record highs ahead of the long Labor Day weekend.
Check out the eight Nigerian states, concluding Lagos, Ogun and Rivers, with the strongest industrial bases for economic growth and job creation potential.
French Prime Minister Francois Bayrou said on Sunday the destiny of France was at stake in a forthcoming confidence vote, which he called to resolve a budget standoff but is expected to lose. Seven out of 10 French people say they want Bayrou to lose the confidence vote, according to a recent poll.
The financial technology company, Palmpay, has announced the launch of the N500,000 Hustle Grant for Nigerians to scale their side businesses nationwide.
The naira appreciated in the official and parallel markets last week as investors poured dollars into CBN OMO auctions and Nigeria's FX reserves hit a new high.
Britain's energy operator is betting on an age-old technology to future-proof its grid, as the power plants that traditionally helped stabilise it are closed and replaced by renewable energy systems. Grid operators are now looking to the technology to add inertia to renewable-heavy electricity systems to prevent blackouts like the one that hit Spain and Portugal this year.
Residents of the tiny Indonesian island of Pari, threatened with disappearance by rising sea levels driven by climate change, have come to Switzerland to demand compensation from cement giant Holcim. Environmentalists have said most of the 42-hectare (104-acre) island of Pari could be underwater by 2050 due to rising sea levels.
Floating blue paddles dance on the waves that lap a dock in the Port of Los Angeles, silently converting the power of the sea into useable electricity. Unlike solar power, which produces nothing at night, or wind power, which depends on the weather, the sea is always in motion.
According to UBS’s Global Wealth Report, nations like the United States, China, and Japan dominate the global stage with immense household wealth.
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