It was a celebration day for workers and pensioners in Rivers when Siminalayi Fubara become the second governor to announce N100,000 Christmas bonus.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept its sales forecasts for this year unchanged. "However, the recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while," he added.
A cybersecurity expert reveals the details of how funds disappeared from the CBEX platform, tracing the flow of almost one millions dollars worth of deposits.
Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a half-finished gambling resort with signs everywhere in Mandarin. Gambling is generally illegal in mainland China, and Sihanoukville is one of the many centres in the surrounding area that have sprouted to draw Chinese visitors and sate their hunger.
When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the usual fumes and hum of the free-spirited scooters cannot be seen or heard. Riding an antique Vespa from the 1960s without the pollution and the noise in Jakarta's heavy traffic has also earned him curious looks.
With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech. As Europe faces Trump's tariffs, and threatens to tax US tech unless the two sides clinch a deal averting all-out trade war, there is a growing sense of urgency.
At the bottom of a long-abandoned mine, 50 metres below the surface, one company searches for rare Welsh gold, attracted by soaring prices and its royal connection. But thanks to its royal connection, the Welsh gold may attract "traditionalists, people who may be strong monarchists" willing to pay more, Reade added.
Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China rattled investor confidence already shot by Donald Trump's sweeping trade war. Nvidia's announcement sent its shares tumbling around six percent in after-market trade, and its Asian suppliers were also hit.
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones, in an escalation of his dispute with global trade partners.
Economy
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