Barau Jibrin, the deputy senate president, has taken a swipe against the US President Donald Trump over planned invasion of Nigeria and the video getting reactions.
The Nigerian FG has introduced 50 new tax breaks and reliefs aimed at easing financial pressure on small businesses and low-income earners particularly.
President Bola Tinubu will begin a two-day trip to France on Thursday, the first state visit by a Nigerian leader in more than two decades, as Paris seeks to boost ties with anglophone Africa. This state visit with Tinubu "epitomises" France's strategy in anglophone Africa, they said, adding Nigeria "wants a partnership of equals, not a lecture", especially on human rights.
The Central Bank of Nigeria has mandated banks in the interbank FX market to move to the Bloomberg BMatch system for FX trading, effective December 2, 2024.
British no-frills airline EasyJet on Wednesday reported a 40-percent rise in annual net profit on strong demand for its package holidays. The airline reported that for its package holiday division -- which it launched in 2019 -- customer numbers increased by 36 percent from the previous financial year.
A minimum deal size of $100,000 is now required for interbank FX trading using the Electronic Foreign Exchange Matching System, according to new CBN guideline.
Greece's second city Thessaloniki will unveil its new subway system more than a decade late on Saturday after the project was dogged by archaeological challenges and financial difficulties. It is a project that has also had many, many difficulties and obstacles," Staikouras said.
EU chief Ursula von der Leyen warned Wednesday that Europe has "no time to waste" to boost its defences and competitiveness, as European lawmakers prepared to greenlight her new executive to start work. Appealing for a massive defence spending boost, she said, "We have no time to waste.
German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labour. Rights campaigners have for years accused Beijing of a crackdown against Uyghurs and other Muslim minorities in Xinjiang, including through forced labour and detention camps.
The Nigerian currency, the naira, staged a dramatic comeback in the official foreign exchange mart after depreciating for days, leading to a high cost of goods.
Vietnamese electric vehicle manufacturer VinFast reported a net loss of $550 million for the third quarter, less than the same period last year as the firm recorded an uptick in sales. VinFast last year reported a net loss of $2.39 billion, up 14.7 percent from 2022.
Economy
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