Economy
The Presidency has dismissed recent assertions by former vice-president Alhaji Atiku Abubakar regarding foreign exchange (FX) as "false and absurd."
France likely overshot its budget deficit target in 2023, a finance ministry official said on Monday. The cuts would help the government meet its deficit target for this year of 4.4 percent of GDP, Le Maire told reporters Monday.
The Eiffel Tower, one of the world's top tourist attractions, was closed Monday after staff went on strike, unions told AFP. The strike, which was called to protest over the way the monument is managed financially, could be extended, they said. The stoppage is the second strike at the Eiffel Tower within two months for the same reason.
Former Vice President, and PDP's presidential candidate, Atiku Abubakar, has criticised President Tinubu's foreign exchange policies, saying it was hurriedly done.
The continuous rise in the costs of staple foods, alongside other commodities, has resulted in a reduction in the buying capacity of average Nigerians.
The United Kingdom has decided to increase the minimum salary requirement to apply for a skilled work visa by 47% for Nigerians and other nationals.
China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.
Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts. Innes said investors in Chinese shares were optimistic about sustaining recent positive momentum in Asian markets despite last week's US inflation shock.
Inspecting a thriving green field, Brazilian farmer Adriano Cruvinel is beaming: Using a fraction of the chemical products he used to, he is growing even more soy, thanks to natural pesticides. Agricultural powerhouse Brazil may be the world leader in chemical pesticide use, but Cruvinel is part of a growing trend of farmers turning to natural products known as "biopesticides."
Economy
Load more