The naval officer who stood against FCT Minister Nyesom Wike has got Nigerians talking after a video of him addressing his men as the minister left emerged.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
NBS CPI report shows that Nigeria's headline inflation has hit 34.8%, about 0.20% higher than the 36.6% from the previous month. Food inflation also declined
Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis. Fears are growing that the economy will struggle to get back on its feet this year, due in part to the political crisis at home.
A record 94 million foreign tourists craving for sun, sand and culture flocked to Spain in 2024 as the sector drives the country's bullish economy, the tourism minister said on Wednesday. Spain therefore continues to break records," Industry and Tourism Minister Jordi Hereu said in Madrid.
Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday. BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
Beijing on Wednesday said it "firmly opposes" a US move to effectively bar Chinese technology from smart cars in the American market, saying alleged risks to national security were "without any factual basis".
Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest. - Bank of England - Despite falling, Britain's annual inflation rate remains above the Bank of England's 2.0-percent target rate, slowing the pace of its interest-rate cuts.
The tax committee has listed out exemptions to the PAYE tax. Under the proposed tax reforms, the Armed forces will be excluded, as well as many other workers
As Donald Trump's looming return to the White House promises to boost cryptocurrencies, a German stock exchange is on a mission to anchor them firmly in the staid world of traditional finance. - Trump support - The exchange says it has managed to win more than a million clients in crypto trading, both professionals and private individuals, mostly in the German-speaking world.
Record numbers of tourists flocked to Japan last year, figures showed Wednesday, as the weak yen bolstered the appeal of the "bucket list" destination despite overcrowding complaints in hotspots like Kyoto. Japan has long been a "bucket list" destination for many people, said Naomi Mano, president of hospitality and events company Luxurique.
Economy
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