The CBN has unveiled a new FX framework, enhancing domiciliary account access for Nigerians while imposing stricter compliance on exporters to boost liquidity.
The CBN has unveiled a new FX framework, enhancing domiciliary account access for Nigerians while imposing stricter compliance on exporters to boost liquidity.
In India's sprawling financial hub of Mumbai armies of "dabbawalas" have for decades crisscrossed the city by foot and bicycle, delivering home-cooked food to office workers who are keen to avoid the searing heat and traffic-snarled streets.
An independent movie distributor founded eight years ago has picked the winning film at the Cannes film festival for a stunning sixth consecutive time. The company was founded by Tom Quinn who spent decades working in indie films with producers including Harvey Weinstein before deciding to branch out on his own. adp/ah/jj
Social media platform X was hit by a two-hour outage Saturday, prompting owner Elon Musk to say he needs to spend more time focusing on his companies. On Saturday, following the X outage, he suggested that he might have been away too long.
Suriname, South America's smallest country, is preparing for an inflow of cash from a huge offshore oil find, with the president insisting the population will receive a direct share of the wealth. "From 2028, we'll be an oil-producing country," President Chan Santokhi told AFP ahead of elections Sunday for lawmakers who will choose the next president.
The Justice Department said Friday it reached a preliminary agreement with Boeing to settle a long-running criminal probe into deadly 737 MAX crashes, drawing condemnation from some crash victim families.
US President Donald Trump on Friday threw his support behind a new "partnership" between US Steel and Japan's Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.
Shares of steelmaker US Steel skyrocketed on Friday after President Donald Trump announced his support for a "partnership" with Japan's Nippon Steel.
OPEC’s latest report reveals a 6.8% drop in oil prices for April, steady global economic growth, and resilient Nigerian oil production despite tariff challenges.
The federal government of Nigeria has said that 1000 youths will be selected in each state of the country, and empowered to embark on a livestock project.
Economy
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