The Tinubu administration has introduced several loan and grant schemes to help Nigerians cope with economic hardship, unemployment, and rising poverty levels.
The Tinubu administration has introduced several loan and grant schemes to help Nigerians cope with economic hardship, unemployment, and rising poverty levels.
Europe's ambition to be a world player in decarbonised transportation arguably depends on sourcing lithium abroad, especially in South America. In Africa, for example, Chinese demand has propelled Zimbabwe to become the fourth-largest lithium producer in the world.
Rice prices doubled last month in Japan as core inflation accelerated, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba ahead of July elections. In May, Japan's core inflation rate, which excludes volatile fresh food prices, hit 3.7 percent -- its highest level since January 2023 -- interior ministry data showed.
The Transmission Company of Nigeria has provided an official update on the ongoing repairs, noting that the blackout may spread to some more locations.
The French state will become the biggest investor in European satellite operator and Starlink competitor Eutelsat, leading a capital increase alongside private shareholders, the company said Thursday. Major shareholders stumping up alongside Paris were shipping giant CMA CGM, Indian telecoms operator Bharti Airtel and the FSP investment fund, owned by seven French insurance companies.
Telegram founder Pavel Durov's judicial control has been relaxed, with the Russian-born entrepreneur now allowed to live in Dubai for a maximum of two weeks at a time, a judicial source said on Thursday.
President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States. "I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," Trump posted on his Truth Social platform, putting off the ban for the third time.
US President Donald Trump has taken just a few months since his election to upend global financial markets with his economic policies. Trump's tariffs are the main culprit but the global reserve currency is also suffering from concerns about the size of the US debt -- exacerbated by a budget proposal from the president that many analysts say will be hugely expensive.
The Chinese government has announced plans to remove tariffs on goods from Nigeria and 52 other African nations, and Nigeria can benefit from improved manufacturing.
The queues for compressed natural gas is spreading to more cities, with Nigerians spending hours, or even days, to get the product for business and personal needs.
Economy
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