Economy
CBN finally takes action after FG withdraws cybersecurity levy
The Central Bank of Nigeria (CBN) has removed the contentious 0.5% cybersecurity fee that banks were mandated to charge on electronic transactions.
Crunch time looms for BHP's bid buy Anglo American
Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts said Monday as a midweek deadline over the seismic takeover bid approaches. BHP did not reply to a request for comment from AFP. Anglo American said: "UK laws restrict us from commenting ahead of the deadline." sft/arb/dan
Markets rise as traders cheered by China property plan
Equities rose Monday, extending a rally in New York that saw the Dow close at a record high, with sentiment boosted by China's plan to support its struggling property sector and hopes for a US interest rate cut.
Black farmers in Brazil changing views on coffee production
Raphael Brandao beams with pride as he describes the high-end Brazilian coffee he produces with beans sourced exclusively from Black farmers in a country where many still associate the product with slavery.
Forever fad: Rubik says his cube 'reminds us why we have hands'
The naysayers said the maddening multicoloured cube that Erno Rubik invented 50 years ago would not survive the 1980s. Even after "hundreds or thousands of years", you would still be finding ways to crack it, Rubik enthused.
Ryanair annual profit jumps on higher demand, fares
Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs. This helped offset a fuel bill up almost around a third to 5.1 billion euros.
Business and Bollywood votes in India election
India's financial capital Mumbai began voting Monday when six-week national elections resumed, with much of the megacity's business and entertainment elite vocal in their support of Prime Minister Narendra Modi.
Mexico aims to be big economic winner from US-China tensions
Sparks fly as a laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks to heightened tensions between the United States and China. Foreign direct investment in Mexico hit a record high of more than $36 billion in 2023, 38 percent of which came from the United States, according to the economy ministry.
NBS reports name Kogi, 9 others as most expensive states to live in Nigeria
The National Bureau of Statistics has revealed that Kogi, Bauchi and Oyo States are among Nigeria's most expensive states to live in based on inflation rates.
Economy
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