UK, France, Germany, and Italy ready to ease sanctions on Iran if nuclear concerns are addressed, following US-Iran peace talks aimed at reducing regional tensions.
IMF has advised Nigeria to introduce fuel and telecom taxes to boost revenue, warning of higher costs, inflation, and economic pressure on households nationwide.
Meta will allow European users of Facebook and Instagram to share less data and see fewer personalised ads after it was fined for breaking EU digital rules, Brussels said Monday. Under the system, which has been vehemently criticised by rights groups, users have to pay to avoid data collection, or agree to share their data with Facebook and Instagram to keep using the platforms for free.
World Bank loans to Nigeria from 2023 to 2025 increased significantly; the funds are for projects in energy, education, health, and social protection.
Trade unions at the Louvre Museum in Paris on Monday called for a rolling strike next week over working conditions, piling more bad news on the beleaguered institution.
China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets.
Asian equities drifted Monday as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the Federal Reserve will continue easing monetary policy further into the new year. The data did little to move the needle on rate expectations but showed that it remains stubbornly above officials' target.
US President Donald Trump commented Sunday on Netflix's effort to acquire storied Hollywood studio Warner Bros., saying the streaming giant already has "a very large market share" and "it could be a problem."
The Nigerian government has announced the launch of new funding platforms for small business owners to scale their businesses in Imo State and Nigeria.
The federal government has expanded its tax training programme, inviting more content creators to apply to participate as it increases slots to 50.
French President Emmanuel Macron said he has threatened China with tariffs if Beijing fails to take steps to reduce its massive trade surplus with the EU, in remarks published Sunday. During his visit to China, Macron said the EU needed to accept more Chinese direct investment as part of efforts to reduce the trade deficit.
Economy
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