The Nigerian government has asked for the speedy implementation of the Presidential Food Coordinating Unit (PFSCU) to accelerate provision of N250bn loan to farmers
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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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CBN crashes dollar with $29 million intervention in FX market
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Naira gains N37, experts warn dollar hoarders of big losses
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Lab-grown diamonds robbing southern Africa of riches
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.
China to probe US chips over dumping, subsidies
China said Thursday it would launch a probe into US exports of chips used in everything from cars to home appliances over concerns about alleged dumping and subsidies. Beijing did not say when the probe would be launched, nor how long it would take.
Chinese apps including TikTok hit by privacy complaints in Europe
Online privacy campaigners said Thursday they had filed complaints in several European countries against six Chinese companies including TikTok, accusing them of "unlawfully" sending Europeans' personal data to China.
Customs seized 397 vehicles worth N5.64bn, 1.7 million litres of petrol in 2024
The Nigeria Customs service has released full list of all items seized during the 2024 year, and it shows that 397 vehicles valued at almost N6 billion was seized
FG rejects telcos' 100% tariff hike proposal, considers 30-60% increase in call, data rates
The federal government has rejected the demands for 100% increase in telecom tariffs, but is proposing an increase ranging between 30 and 60% instead.
Apple loses top spot in China smartphone sales to local rivals
Apple lost its status as the best selling smartphone brand in the crucial Chinese market last year, new data showed Thursday, with a pair of local rivals surpassing it with surging shipments. Also coming in at 15 percent, with total smartphone sales narrowly behind Apple's, were Chinese brands Oppo and Honor, the data showed.
Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant
Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. "During President Anura Kumara Dissanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign direct investment to date," it said.
UK economy rebounds but headwinds remain for govt
Britain's economic growth rebounded less than expected in November, official data showed Thursday, dealing a fresh blow to a Labour government that is battling headwinds. Britain's economy has stagnated since Labour won a general election in July, which saw the party end 14 years of rule by the Conservatives having pledged to drive growth.
Gender funding gap widens as female CEOs secure just $48m in 2024, lowest since 2020
Data shows that the funding for female led startups appears to be dropping year after year, with the lowest in 2024. female CEO speaks on what is driving the gap?
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