Tuesday, November 12, has been declared as a public holiday by the government as President Bola Tinubu set for historic visit. You need to read the details.
NERSI’s one-off ₦50,000 grant supports selected vulnerable households. Find out how to check eligibility via provider USSD codes and avoid fees and scams safely.
Digital lenders are giving Nigerian businesses faster access to credit, but high repayment costs and short loan tenors can leave borrowers trapped in debt cycles.
The cyber attack targeted the MTN group, and it is reported that customer data in several countries have been exposed to third parties in this incident.
US President Donald Trump has insisted Chinese leader Xi Jinping called him despite Beijing denials of any contact between the two countries over their bitter trade dispute. "He's called," Trump said.
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. The accusation that luxury goods officially manufactured in Europe were in reality being secretly made in China "does not make any sense", concurred Michel Phan, professor of luxury marketing at emlyon business school in France.
The Nigeria Customs Service shared that about N1.3 billion worth of goods were seized, with rice being the most confiscated commodity, followed by fuel.
Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite banks and businesses warning the economy was headed for a slowdown. In a statement announcing the rate decision, Russia's central bank acknowledged lending activity was "subdued" but that inflation, running above 10 percent, was still too high.
German chemicals giant Bayer said Friday it could be forced to pull its Roundup weedkiller from the market if it is not able to limit simmering legal troubles. Bayer has asked investors to approve a capital increase through the issuance of new stock to cover potential legal costs related to Roundup.
China's top leaders pledged on Friday to step up support for the economy and oppose "unilateral bullying" in global trade in a veiled rebuke of hefty tariffs imposed by US President Donald Trump. They also said they would seek to "work with the international community to actively uphold multilateralism and oppose unilateral bullying practices", it said.
Swedish defence group Saab on Friday reported soaring quarterly earnings and record sales as European countries beef up their defence capacities amid geopolitical tensions and uncertainties.
Economy
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