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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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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Droughts drive Spanish boom in pistachio farming
Two decades ago, Miguel Angel Garcia harvested grapes and grains on his farm in central Spain, like his father and grandfather before him. Garcia harvests 10 to 20 tonnes of the green nut each year at his 26-hectare (64-acres) farm in Manzanares in the central region of Castilla-La Mancha, part of a boom in pistachio production in Spain.
Locals toil as experts toast Turkish wine renaissance
As the evening light falls on her vineyards in northwestern Turkey, Zeynep Arca Salliel pinches the grapes and tastes the skin. "Alas, we remain a well-kept secret," says Salliel.
Kenya airport whistleblower fears for his life
Nelson Amenya caused an uproar by exposing secret talks for an Indian firm to take over Kenya's main airport. The Adani Group did not respond to a request for comment from AFP. Amenya believes the airport deal would not have been made public until it was already signed, had he not exposed it first.
Tokyo recovers some losses as most Asian markets rise
Tokyo stocks rose Tuesday, recovering some of the losses suffered in the previous day's rout, as the yen weakened against the dollar, while most other Asian markets started the day on a positive note following another record on Wall Street. All three main indexes on Wall Street rose, with the Dow chalking up another record, and most of Asia followed suit.
Qatar Airways seeking 25% stake in Virgin Australia
Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market. That could significantly shake up Australia's air travel market which is currently dominated by Qantas, a pseudo-flag carrier beset by allegations of price gouging and deliberate overbooking.
US port officials gird for strike as labor talks stay stuck
Officials at 14 ports along the US East and Gulf coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election. - At Monday's news conference, New York officials emphasized that they have been preparing for a likely US dockworkers strike.
US Fed Chair sees 'further disinflation' in economy
The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too. Powell's speech comes more than a week after the Federal Reserve slashed interest rates by half a percentage point, marking its first reduction since 2020.
Epic Games sues Google and Samsung over app store
"Fortnite"-maker Epic Games is suing tech giants Google and Samsung, it announced Monday, accusing them of illegally colluding to block competition on Samsung devices. Epic, the company behind the hugely popular "Fortnite" video game, is asking the court to prohibit what it calls anti-competitive conduct and mandate that Samsung remove Auto Blocker as the default setting on its devices.
Officials see no shortages from likely US port strike
New York officials said on Monday they were prepared for a likely US dockworkers strike, reassuring consumers that they would not lose access to food and other essential goods. "We don't anticipate shortages of essential goods anytime soon," said state Governor Kathy Hochul.
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