A prominent northern governor has stirred reactions from Nigerians after claiming that he cannot be questioned even if he was a terrorist, pointed accusing fingers.
Federal Government denied plans to monitor bank accounts for tax; small businesses earning below ₦12 million exempt from income tax under new reforms.
The US government shutdown entered its second week on Monday, with no sign of a deal between President Donald Trump's Republicans and Democrats to end the crisis. Republicans argue the expiring health care subsidies are nothing to do with keeping the government open and can be dealt with separately before the end of the year.
The Nigeria Interbank Settlement System (NIBSS) has announced plans to scrap bank instant transfer charges and replace them with a new model to drive inclusion.
The Nigerian currency has extended its gain in the foreign exchange market, driven by strong dollar inflows, remittances via IMTOs, and investors.
Tokyo stocks surged more than four percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.
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.
Economy
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