The Nigerian currency has continued its winning streak against the US dollar, rising to an eight-month high in the official window at N1,485 per dollar.
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Access, Zenith, other currency dealers sell dollar at new rate as CBN releases new exchange rate
The naira has continued to depreciate in the Nigerian Foreign Exchange Market (NFEM) and the parallel market as experts and currency dealers ask for interventions.
Belgium carries out raids in EU parliament corruption probe
Belgian police on Thursday raided several addresses in the country as part of a probe into alleged corruption "under the guise of commercial lobbying", prosecutors said. At the heart of the alleged corruption is an ex-parliamentary assistant who was employed at the time as Huawei's EU public affairs director, Belgian media said.
Iraq says seeking alternatives to Iran gas
Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it seeks to reduce dependence on its sanctions-hit neighbour. "If we manage to set up a third unit we could hit 800 to 900 million cubic feet," he added, saying this would help offset the shortfall of Iranian gas that southern Iraq depends on.
2 million new subscribers recorded as internet usage surges in Nigeria
This growth is accompanied by a massive year-on-year growth in internet usage, with Nigerians now consuming an alltime high of 1 million terrabyte
Job losses expected as report predicts major disruptions in Nigeria’s labour market
As many of these workers have not yet retrained or upskilled to match the fast-paced changes in the industry, they may be ill-equipped to adapt and end up unemployed
Food app Deliveroo delivers first annual profit
Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong. Deliveroo, which earlier this week said it was exiting Hong Kong owing to growing competition in the Chinese city, posted profit after tax of £2.9 million ($3.8 million) last year following a loss of £31.8 million in 2023.
GOtv, DStv's price hike to continue as court stops FG from taking action against MultiChoice
Following the announced hike in DStv and GOtv subscription prices, the FCCPC had asked MultiChoice to halt implementation of the hike and maintain status quo.
Games industry still a hostile environment for many women
Five years on from a first wave of harassment scandals that rocked the world of gaming, multiple women working in the industry tell AFP they have seen or experienced sexism in the workplace, fearing economic hardship in the sector will lead to backsliding.
Couche-Tard bosses make case in Tokyo for 7-Eleven buyout
The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a "friendly" buyout of 7-Eleven but lamented a lack of progress towards a deal.
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