General Christopher Musa has taken the first step as he formally resumed office as the Minister of Defence. His first action in office has been captured in a video.
The Nigerian government has opened the portal for Youth Economic Intervention and De-Radicalization Programme (YEIDEP) after several postponements.
The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy. "I try very hard to accommodate the issues of the United States," he said.
The naira showed resilience against the US dollar last week, climbing to N1,537 per dollar as the FX reserves rose, while crude oil prices hit a new high.
The tax expert explained that the poorest Nigerians will be exempt from tax under the new law and outlined which income earners are classified as poor.
The Nigerian Education Loan Fund has warned students to be cautious of a fake online portal with fraudulent messages trying to lure students to share sensitive data.
The High Court in London rejected a legal challenge on Monday brought by a Palestinian rights group seeking to block the UK from supplying components for Israeli F-35 fighter jets. In its claim to the High Court, rights group Al-Haq called for a judicial review, saying the "carve out" was unlawful and alleging the government had misunderstood the applicable rules of international law.
UN Secretary-General Antonio Guterres urged the world to "rev up the engine of development" at an aid conference in Spain on Monday at a time when US-led cuts are jeopardising the fight against poverty and climate change.
Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and "embraces artificial intelligence". TomTom announced in a statement that it was "realigning its organisation... as it embraces artificial intelligence", resulting in "organisational changes".
Bangladesh's biggest port resumed operations on Monday after customs officials called off a strike that had disrupted the export and import of goods for around 48 hours. Senior NBR official Hasan Muhammad Tarek Rikabdar said they called off the strike after positive pledges from the government.
Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence after a series of high-profile scandals rattled the sector. Singapore, a major Asian financial hub, has taken a hit to its reputation after several high-profile recent cases dented trust in the emerging crypto sector.
Economy
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