
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties.
The agency fees are capped at 10% under the Lagos state Tenancy laws and the government has urged tenants who were overcharged to report through the channels.
The National Identification Number (NIN) will serve as a unique identifier for Nigerians to access government-driven initiatives without identity frauds.
Britain's economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump's tariffs blitz took effect. Thursday's data covers the period before April's introduction of a hike to a business tax laid out in the Labour government's maiden budget in October.
The National Insurance Commission (NAICOM) has announced compulsory insurance for public buildings and construction sites in Nigeria, and enforcement has started.
Cuba's sole producer of cigarillos cannot keep up with exploding demand abroad for the smaller, cheaper, machine-rolled version of the island nation's much more famous hand-crafted cigars. Unlike Cuba's famous hand-rolled "Habanos," cigarillos are aimed at a market with "lower purchasing power," said Soler.
Taiwan will turn off its last nuclear reactor on Saturday, fuelling concerns over the self-ruled island's reliance on imported energy and vulnerability to a Chinese blockade. - Chinese threat - Taiwan's reliance on imported fossil fuels is of particular concern given the risk of a Chinese blockade.
Equities stuttered Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump's tariff blitz, while oil extended losses on hopes for an Iran nuclear deal. Oil prices sank around two percent on signs that Iran could agree to certain US demands to reach a nuclear deal.
An Australian aerospace firm said Thursday it has delayed a historic first attempt to launch a locally developed rocket into orbit, citing a ground system glitch. If successful, it would be the first Australian-made rocket to make an orbital launch from Australian soil.
Economy
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