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.
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US warns of growing risks of business in Hong Kong
The United States on Friday warned businesses of growing risks operating in Hong Kong, saying that routine activities could run afoul of the financial hub's new national security regulations. The United States has repeatedly warned that Beijing-led security regulations are putting at risk the openness that allowed Hong Kong to flourish as a trading hub.
New York Fashion Week opens with call to vote from Jill Biden
US First Lady Jill Biden called for the protection of "freedoms" Friday during a "get out the vote" march that opened New York Fashion Week. Prior to the march, Jill Biden attended the Ralph Lauren fashion show on Thursday evening and paid tribute to Anna Wintour, the editor-in-chief of Vogue magazine and high priestess of the US fashion industry.
Telegram chief Durov announces 'new features' to combat illicit content
Telegram founder and chief executive Pavel Durov on Friday announced a range of new features aimed at combating illicit content, bots and scammers, a week after he was arrested and charged by French authorities over violations on the messaging app.
US job gains miss expectations in August as labor market cools
US hiring bounced back in August but missed expectations while the jobless rate crept down, government data showed Friday, paving the way towards central bank rate cuts in the coming weeks. The August number came in below economists' expectations of 165,000, according to a Briefing.com consensus forecast.
Customs explains delay in implementation of Tinubu's duty-free import of rice, other food items
The NCS has announced that it will begin suspending duties on imported food items once it receives a list of eligible beneficiaries from the Ministry of Finance.
CBN adjusts exchange rates as Access, Zenith, others sell dollars high in official market
Foreign currency dealers in the official and black markets sold the dollar at high rates on Thursday, August 5, 2024, leading to the crash of the local currency
Malaysia Airlines finds 'potential issue' on A350-900 engine
Malaysia Airlines said on Friday it had found a "potential issue" with the engine of an Airbus A350-900 aircraft in its fleet but added that it had been resolved. Malaysia Airlines' fleet of A350-900 planes "recently underwent a precautionary inspection, during which a potential issue with high-pressure fuel hoses on one aircraft was identified," the carrier said in a statement.
Dutch match US export curbs on semiconductor machines
The Dutch government announced Friday broader restrictions on exports of semiconductor-making machines produced by sector heavyweight ASML, aligning itself with US curbs on technology at the centre of trade tensions with China.
Google 'anti-competitive' over online ad tech: UK
US tech titan Google employs "anti-competitive practices" with regards to online advertising, Britain's competition watchdog concluded Friday in provisional findings of a two-year long investigation.
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