SMEDAN has reaffirmed the federal government’s commitment to supporting businesses, while expressing concern over the low application of entrepreneurs for funds.
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Food, drugs: FG updates list of banned import items in new trade policy
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Naira accelerates gains in official, parallel windows after dollar hit 7-day high
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FG, Fidelity Bank unveil N500,000 YEIDEP grant programme for Nigerian youths
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FAAC shares N2.03 trillion March revenue: What FG, states, LGs got
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CBN recapitalisation deadline: Four Nigerian banks under pressure as industry raises over N4trn
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Traders, currency dealers quote dollar at new rate as naira continues losing streak
The Nigerian naira continued its losing streak into the third day, depreciating from N1,538 per dollar to N1,541 and N1,655 in the official and parallel markets.
Waymo exec hopeful Trump will boost autonomous driving
A top Waymo executive said Wednesday the United States could lead globally on autonomous driving, expressing hope that a national standard under the incoming Trump administration would boost safety. Tech experts expect the Trump administration to set a national standard on autonomous driving standards after Trump donor and Tesla Chief Executive Elon Musk embraced the move.
Food prices likely to surge as farmers opt to export produce for foreign currencies
As Nigeria moves into the dry season, food prices are likely to surge higher. After a bounty harvest, farmers refused to sell to local consumers, but want to export.
Trade war worries loom over Las Vegas tech show
Chinese companies have turned out in force again at this year's Consumer Electronics Show, with their prospects overshadowed by the threat of steeper tariffs from incoming US president Donald Trump. Other Chinese companies brushed off the threat.
Australia frets over Meta halt to US fact-checking
Australia is deeply concerned by Meta's decision to scrap US fact-check operations on its Facebook and Instagram platforms, a senior government minister said Thursday. AFP currently works in 26 languages with Facebook's fact-checking programme in which Facebook pays to use fact checks from around 80 organisations globally on the platform as well as on WhatsApp and Instagram.
Japan startup hopeful ahead of second moon launch
Japanese startup ispace vowed its upcoming second unmanned Moon mission will be a success, saying Thursday that it learned from its failed attempt nearly two years ago. "We will make this Mission 2 a success," he said.
Bangladesh garment industry rebounds, but workers say little change
In a vast Bangladeshi factory hall thrumming with sewing machines, garment workers churn out seemingly endless pairs of mountain hiking trousers for customers in Europe and North America. - 'Operating at full swing' - "We are doing well," said garment producer factory owner S.M. Khaled, who heads the Snowtex company, employing 22,000 workers.
Asian markets drop as trades fret over US inflation, rates outlook
Asian markets struggled Thursday after a tepid lead from Wall Street, with investors growing increasingly worried about the outlook for inflation and US interest rates as Donald Trump's second presidency looms. Friday's US employment figures are now well in focus for trade, with markets in New York closed Thursday to mourn former US president Jimmy Carter.
New twist in US-Cuba trademark fight over Havana Club rum
One rum, two owners: the decades-long legal battle between the Cuban government and spirits giant Bacardi over the popular Havana Club rum brand has entered a new phase with the enactment of a new US trademark law.
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