
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more. "If anything, it's probably going to go up," Actis said, adding that he has considered moving his business abroad.
The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.
Analysts gave a cautious welcome to China's announcement Saturday of fresh fiscal stimulus to revive its ailing economy but warned that more details -- and specific headline figures -- were needed before its effect could be fully assessed.
China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.
Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has already put voters on edge.
As a sport that involves men colliding at high speeds, bare-knuckle brawls, and a fair number of players with missing front teeth, ice hockey is not commonly linked to high fashion. That depends partly on the individual player's amount of ice time, and partly on his style of play in a sport where fights can involve grabbing or even tearing an opponent's jersey.
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. Boeing said the strike contributed to $3 billion in pre-tax charges to its commercial aviation results in the third quarter, part of an anticipated loss of $9.97 per share.
Senegal's government will on Monday present plans to break away from foreign dependence and debt in favour of local resources and human capital, said Prime Minister Ousmane Sonko. Sonko described Senegal's economic situation as "catastrophic" at the end of September following a government review of public finances.
The Nigerian economy experienced massive foreign exchange inflows in the first half of this year, totalling over $7 billion more than the 2023 inflow.
Economy
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