The leading opposition PDP has announced the expulsion of the FCT Minister, Nyesom Wike, the former governor of Ekiti state, Ayodele Fayose and many others.
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.
China's central bank on Monday cut two benchmark interest rates in a bid to boost lending and kickstart growth in the world's second-largest economy. - Sluggish growth - The economy slowed sharply in the second quarter, with data last Monday showing growth of 4.7 percent, well below expectations and sharply down from 5.3 percent in the previous three months.
Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while traders appeared to be unmoved by China's decision to cut interest rates in a bid to boost the country's stuttering economy.
Gilead could bring the AIDS pandemic towards an end if the US pharmaceutical giant opens up access to its game-changing new HIV drug, the head of UNAIDS told AFP. Winnie Byanyima urged Gilead to "make history" by allowing generic manufacturing of Lenacapavir, a twice-yearly injectable antiretroviral medication used to treat HIV patients.
China's central bank on Monday cut two benchmark interest rates in a bid to boost lagging growth in the world's second-largest economy. The one-year LPR, which constitutes the benchmark for the most advantageous rates that banks can offer to businesses and households, was cut from 3.45 percent to 3.35 percent.
Some 20,000 protesters hit the streets of Palma in Mallorca Sunday for a mass demonstration against overtourism, demanding changes to a touristic model they say is harming the Spanish Mediterranean island.
According to the recently released Consumer Price Index by the National Bureau of Statistics, the average price of tomatoes, garri, and beans rose 205.36% in May
The federal government plans to spend about N45 billion for the free conversion of 30,000 commercial transport vehicles over the next three months.
A putrid smell hangs over the black-stained shores of Lake Maracaibo in Venezuela, where an oil slick is emblematic of the steep decline in the country's once-enviable petroleum industry. - 'The lake is lost' - A few oil pumps still operate on Lake Maracaibo's polluted shore, but dozens of machines stand idle.
The Central Bank of Nigeria (CBN) has order commercial banks and other financial institutions to deposit funds left in dormant accounts in its accounts.
Economy
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