The British government has mentioned two prominent governorship elections in Nigeria it will deploy its personnel for and gave reason for its decision.
The CBN has unveiled a new FX framework, enhancing domiciliary account access for Nigerians while imposing stricter compliance on exporters to boost liquidity.
With many Nigerians still lamenting lost investments in the recent CBEX collapse, the CBN has ordered banks and fintech to do tighten their compliance framework.
NNPC’s newly appointed GCEO, Bayo Ojulari, shares ambitious plans to increase Nigeria’s crude oil production to 3mbpd and attract $60 billion investments by 2030.
The Google Startup Accelerator Africa programme is an annual programme for startups across Africa. It exposes them to trainings, resources and tools.
Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week -- with some fearing business may never return. "It's a new round in the trade war," Andy Lin, the firm's business development manager, told AFP at one of its factories in nearby Zhongshan.
The facility was constructed in a record 22 weeks and was ready for operations by the end of 2024. Many new jobs are expected to up in the coming months.
Seated on the pavement outside a bank in central Damascus, Abu Fares's face is worn with exhaustion as he waits to collect a small portion of his pension. "There are a lot of ATMs in Damascus, but very few of them work," she said.
Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries' tariff talks with the White House, while Donald Trump's remarks that he was reluctant to hike levies on Beijing even more provided a little support.
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world's number four economy. The data is likely to strengthen expectations that the Bank of Japan will hike interest rates, with inflation above the BoJ's target of two percent for almost three years.
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector. There will be separate fees for Chinese operated ships and Chinese built ships, and both will gradually increase over subsequent years.
Economy
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