Protesters targeted the finance ministry in Abuja to express anger at the federal government, with videos emerging showing the disgruntled demonstrators.
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.
Flashy humanoid robots that have awed attendees at Web Summit in Lisbon this week are still far from revolutionising physical labour in factories and warehouses, Amazon's chief roboticist told AFP. "It's a bit of doing technology for technology's sake," Tye Brady said in a Wednesday interview. Brady said that the world is still "in the early stages of robotics, of physical AI".
The world's oil market is experiencing a period of imbalance as growing supply outstrips demand despite stronger deliveries to China, the International Energy Agency (IEA) said Thursday. "Global oil market balances are looking increasingly lopsided, as world oil supply is forging ahead while oil demand growth remains modest by historical standards," the IEA said.
Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country's competition authority said Thursday. In February, the Competition Commission had recommended that Google pay up to $27 million a year for five years, following a 16-month investigation that found Google searches favoured international news over local outlets.
Britain's economy slowed in the third quarter, official data showed Thursday, dealing another blow to the Labour government ahead of its annual budget. The growth figure comes after official data this week showed UK unemployment rising more than expected to 5.0 percent in the third quarter, ahead of the November 26 budget.
The Lagos state government has announced 25% subsidy on essential food items such as rice, beans, garri, and bread for ease hardship for the reseidents.
Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label's turnaround plan begun a year ago. Nevertheless, the group announced Thursday that sales fell five percent to £1.0 billion in its first half. bcp/ajb/jh
Rustling through fallen golden leaves, locals in a forest outside Arslanbob in the Kyrgyz mountains were scurrying for walnuts -- an ancient pastime and economic lifeline for the region. Locals are trying to address the problem, including by seeding millions of trees in the Arslanbob forest nursery.
In a recording studio in Dhaka, voiceover artist Rubaiya Matin Gity dubs the latest Turkish soap opera to become a megahit in Bangladesh -- a pop-culture trend that reflects growing ties between the two countries.
More than 3,000 striking Boeing defense workers will vote Thursday on a revised contract proposal that comes closer to their demands. The offer replaces the prior proposal of a $3,000 signing bonus plus $3,000 in restricted stock.
Economy
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