President Bola Tinubu met with three Nigerian governors at Aso Rock, Abuja, on Friday, December 12. Sources have provided insights into the agenda of the meeting.
About 1.8 million PoS operators may lose their businesses following the new directives by the Corporate Affairs Commission (CAC) to register before January.
The Federal Government has said it plans to open the first 47km of the Lagos–Calabar coastal highway to traffic in December 2025, while work continues.
Belgium faces closed schools and disrupted train and air travel as unions call for three days of strikes starting Monday to protest the government's proposed spending cuts and labour law changes. Trains and public transport begin striking Monday, with national railroad company SNCB expecting to run two out of three trains, or just one out of three on some lines.
Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last week's rollercoaster ride fuelled by worries of a tech bubble. That has been compounded in recent weeks by falling expectations the Federal Reserve will cut rates for a third successive time next month as stubbornly high inflation overshadows weakness in the labour market.
Mogadishu is rising, literally, from the ashes of decades of war. "The government is trying to project that Mogadishu is rising," he said, but "who is paying the price?"
European and African leaders gather in Angola Monday for a summit aimed at deepening economic and security ties that will serve as a backdrop to emergency talks on Ukraine. After top US and Ukrainian representatives met in Geneva on Sunday for talks on a new version of the proposal, EU leaders were to hold a "special meeting" on the sidelines of the Luanda gathering on Monday.
Global wildlife talks open Monday, with debates set to take on questions ranging from protection of sharks, a bid to allow limited rhino horn sales and a push to restrict the trade in eels. The proposals on the table attempt to strengthen protections for several shark species, weaken restrictions on trade in giraffes and open the way to limited sales of rhino horn and elephant ivory.
Americans are expected to spend a record amount over the holiday season, despite lingering worries in the world's biggest economy about stubborn inflation, tariffs and the knock-on effects of the government shutdown.
Australian resources giant BHP said Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper. Bloomberg News reported on Sunday that BHP, the world's largest mining company, had approached Anglo with a bid in an attempt to disrupt a merger with Canadian peer Teck Resources.
The Securities and Exchange Commission (SEC) has revealed that more than 60 million Nigerians gamble every day, spending about $5.5 million in total.
Economy
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