The Nigerian government announced plans to secure $500m loan from the World Bank to boost MSME lending in Nigeria through the Development Bank of Nigeria (DBN).
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Experts analyse CBN’s MPR decision, say policy should lower lending costs
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Transport costs may drop as FG distributes 4,000 electric tricycles to Nigerian youths
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Nigerians struggle as bread prices refuse to fall despite drop in cost of flour
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Belgian PM digs in against EU push to use Russian assets for Ukraine
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Driven by TikTok trends, new beauty brands target children
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UK hoping budget eases pressure of high energy bills
Pub landlord James Fitzgerald will wait a while longer to switch on the outside Christmas lights at the Thatched House in London, as high energy bills cause financial pain across Britain. Further tax rises in Wednesday's budget, as Prime Minister Keir Starmer's government seeks to cut debt, could see the Thatched House shut its doors at lunchtimes, said Fitzgerald, who has cut staff this year.
NGO links major chocolate brands to Liberia deforestation
Some of the world's best-known chocolate, from Mars to KitKat, is likely linked to deforestation in Liberia's rainforest despite many brands' claims of sustainability, according to research published by NGO Global Witness Tuesday.
Mexican farmer protest blocks US border bridge
Hundreds of farmworkers and truck drivers blocked the Mexican side of a major border bridge with the United States on Monday as part of an ongoing national farmers' strike. The protest blocked the Zaragoza-Ysleta International Bridge, which connects the US city of El Paso, Texas with Mexico's Ciudad Juarez.
Asia markets advance as odds for another Fed rate cut grow
Asian investors on Tuesday welcomed more dovish comments from Federal Reserve officials reinforcing hopes it will cut interest rates next month, while a tech-led rally on Wall Street soothed recent AI bubble worries.
BBC launches hunt for new boss as Trump row rumbles on
The BBC on Monday formally launched its search for a new chief following the resignation of Tim Davie over a misleading edit of Donald Trump that sparked a row with the US president. BBC chair Samir Shah on Monday told a parliamentary committee looking into what went wrong over the Trump edit that news chief Deborah Turness was right to resign over the "error in her division".
Tinubu plans 1,000 businesses in every ward to boost local economy
President Bola Tinubu has said his government plans to establish 1,000 active businesses in eery ward in Nigeria, in a move to tackle economic hardship.
Italian fashion titan Zegna to hand over power
Gildo Zegna, grandson of the eponymous fashion brand's founder Ermenegildo Zegna, will hand over the reins of the group to its finance director and the fourth generation of family leaders in January, the group announced Monday.
AI delay may affect Europe's future, says ECB chief
European Central Bank chief Christine Lagarde warned Monday that a delay in embracing artificial intelligence could "jeopardise" the continent's future, urging barriers to its adoption to be swiftly lifted. "Otherwise we risk letting the wave of AI adoption pass us by and jeopardise Europe's future."
Germany business morale falls as hopes for revival dim
German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government's plans to revive the economy. In the latest Ifo survey, companies' expectations for the future fell particularly heavily, which LBBW bank economist Jens Oliver-Niklasch described as alarming.
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