Governor Abba Kabir Yusuf-led Kano state government is set to recruit an additional 4,000 teachers into the State Universal Basic Education Board (SUBEB).
The Central Bank of Nigeria (CBN) has made the audacious move to stabilise the naira by selling $150 million to banks in the foreign exchange market
An influential consumer rights association on Wednesday urged a court to ban the sale of Perrier bottled water in France, saying the brand's claim that its product is "natural" was misleading. The Swiss conglomerate had been already been under pressure over Perrier and its other brands as EU regulations strictly limit what treatments are allowed for any product marketed as natural mineral water.
Labour unions, including NUPENG and PENGASSAN, have rejected the proposed sale of critical national assets by the Nigerian government, especially NNPC oil assets.
Amazon plans to shut all its grocery stores in Britain, after the shops without checkout registers failed to compete with online delivery demand. It is set to completely shut 14 Amazon Fresh stores, and convert the remaining five into Whole Foods Market shops, the organic grocery chain it bought in 2017.
German Chancellor Friedrich Merz on Wednesday rejected claims his government was undermining the climate change fight, but insisted that industry also needed to be protected to revive the crisis-wracked economy. In a fiery debate in parliament marked by loud heckling from the opposition benches, the chancellor noted his critics claimed he was "undermining climate protection".
The Channel Tunnel's operator and train service Eurostar have expressed confidence that the European Union's much delayed new border-check system will run smoothly when launched next month. AFP journalists noted that some glitches remained ahead of the UK launch, with some Eurostar and Channel Tunnel scanners not operating smoothly. bur-bcp/ajb/lth
The federal government plans to continue borrowing despite the Federal Inland Revenue Service (FIRS) announcing an increase in revenue collection by 411%.
Embattled Australian telco giant Optus was hit with a $66 million fine on Wednesday over "appalling" sales conduct as the firm grapples with fallout from a network outage linked to several deaths. The outage prevented calls to emergency services, with four deaths now linked to the outage.
In a labyrinth of tunnels running beneath 4,000-metre peaks, Tajik miners are scrabbling to secure antimony, one of the metals at the centre of a worldwide race for rare minerals. The miners drill sample holes 50 metres (165 feet) long to check for minerals and can dig a 54-metre tunnel for extraction in half a day, said underground site manager Kholmakhmad Khakimzoda.
Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and buyers' tastes change. Nabizadeh moreover says that even the tourists who come "might not be interested in our work as consumer tastes have changed" and "the price tags are quite high".
Economy
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