The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite falling crude oil prices and forex reserves.
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NLC moves to enforce minimum wage compliance in private sector
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Aba Disco invests N33 Billion in mass metering, sees major boost in billing efficiency
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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BRICS criticism brings Trump 10% tariff threat
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Lagos State issues new directive to regularize property titles for house owners
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Montenegro to extradite crypto entrepreneur Do Kwon to US
Montenegro announced on Friday that it would extradite South Korean cryptocurrency entrepreneur Do Kwon to the United States, following a year and a half of dizzying court rulings and subsequent reversals over his removal.
Brazil views labor violations at BYD site as human 'trafficking'
Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers building a factory in the South American country. The workers, employed by BYD contractor Jinjiang Open Engineering, were viewed as "victims of international trafficking for the purpose of labor exploitation," said the statement.
Tourists return to post-Olympic Paris for holiday magic
Holidaymakers are returning to Paris for winter holiday magic as the tourism industry rebounds, inspired by the successful Olympic Games and the re-opening of Notre Dame cathedral. With five billion viewers, the Paris Games were the most followed Games in television and social media history, according to the International Olympic Committee.
More than 50% of Nigerians are multidimensionally poor – World Bank report
The World Bank report has shown that more than half of Nigerians live in multidimensional poverty. They live below $2.15 daily, and do not have access to the basics.
Dollar turnover hits $14.39 billion in foreign exchange market as naira trades at new rate
Nigeria's foreign exchange experienced increased FX turnover in November 2024, hitting $14.39 billion in the review period despite the naira depreciation.
Traders announce 95% increase in prices for vegetable oil
The price of vegetable oil has increased, and this has impacted holiday celebrations for many households, with families sharing their experiences.
Ex-Olympus CEO found guilty over illegal drugs in Japan
A former CEO of Japanese optical equipment firm Olympus was found guilty on Friday of a drug charge, with a Tokyo court handing down a suspended jail sentence. He first joined the European arm of the Japanese firm in 2003 and became the company's second non-Japanese president.
Move over Mercedes: Chinese cars grab Mexican market share
The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. According to industry experts, Mexicans are increasingly switching from traditionally dominant sedans to Chinese vehicles due to a combination of comfort, technology and price.
Japan govt approves record budget for ageing population, defence
Japan's government on Friday approved a record budget for the next fiscal year, ramping up spending on social welfare, as the population ages, and defence to tackle regional threats. The 8.7 trillion yen approved Friday will help pay for measures to help attract recruits to Japan's Self-Defense Forces, and to improve relations between the US and Japanese militaries with locals in Okinawa.
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