Ezenwo Nyesom Wike, the minister of the FCT, has appointed Mukhtar Usman Galadima to a key role. The announcement was made late on Wednesday, December 3.
Staring at a pile of freshly cut beechwood, forestry manager Johannes Brodowski wonders if he is looking at the future of Germany's chemicals industry. Germany's traditional chemicals industry has been battered by high energy prices and cheap competition from Asia, with national output now at its lowest level since 1995.
China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade. The hype has also sharply driven up stocks in the smaller chipmaker Cambricon, sometimes dubbed "China's Nvidia".
After a series of interviews, Nicole Becker was ecstatic to receive a job offer from a sportswear brand. In July, a purported Chinese brand offered Becker -- a 37-year-old based in Oregon -- a coveted role to lead global communications after an elaborate and legitimate-looking recruitment process that stretched over two weeks.
The artificial intelligence (AI) revolution has whetted the appetites of Nvidia's competitors, who are seeking to close the gap on the chip giant, which has so far been the central playmaker in the AI revolution.
French President Emmanuel Macron named a new government on Sunday, putting together a team of largely familiar faces under Prime Minister Sebastien Lecornu as he struggles to pull the country out of a political crisis. In appointing Lecornu in early September, Macron plumped for one of his closest allies rather than seeking to broaden the appeal of the government across the political spectrum.
Italy has appealed to Washington and the European Commission in an attempt to dissuade the US from imposing a punitive tariffs on pasta imports, a deeply unpopular measure among producers.
The "Japa" trend has fueled the business of decluttering unwanted items as many Nigerians put their properties on the market to raise funds to emigrate abroad.
Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share. In the past few months, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Oman and Algeria have already raised their quotas by more than 2.5 million barrels a day.
The Nigerian currency is at its strongest level in 10 months. However, experts have warned of the potential impact of a stronger naira on the economy.
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.
Economy
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