President Bola Tinubu met with three Nigerian governors at Aso Rock, Abuja, on Friday, December 12. Sources have provided insights into the agenda of the meeting.
About 1.8 million PoS operators may lose their businesses following the new directives by the Corporate Affairs Commission (CAC) to register before January.
The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain. Ford has been employing people in Windsor for more than 100 years and without auto jobs the city would be plunged into a "huge recession," he said.
Financial technology companies have begun deducting N50 as electronic money transfer levy from transactions of N10,000 and above as ordered by the government.
As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their licenses in the coming months.
Spain's minority leftist government on Tuesday approved a plan to reduce the working week to 37.5 hours in one of the world's fastest-growing developed economies. The Socialists committed to reduce the working week from 40 hours to 37.5 hours without any loss of salary by the end of 2025 as part of their 2023 coalition deal with the far-left party Sumar.
Nigeria Customs Service is set to spend N20 billion on the purchase of CNG-powered vehicles, and others after receiving approval from the federal government.
Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year. Ferrari had already posted a net profit for 2023, up 34 percent to 1.25 billion euros.
After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war. "The United States has been carrying out some very severe measures and policies against China.
At the end of a wild peninsula battered by winds in west Scotland is a zero-carbon whisky distillery that's bracing for the possible return of US tariffs. Geopolitical trade tensions feel far away from the small Nc'nean distillery, tucked away in Drimnin on the sparsely populated Morvern peninsula, western Scotland.
Major Oil Marketers Association of Nigeria (MOMAN) has revealed that the price of petrol at various depots has been reduced by N27 following Dangote's decision
Economy
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