
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
The Nigerian currency, the naira, gained about N37 in the last 10 days, making dollar hoarding risky, as the Central Bank of Nigeria (CBN) continues to intervene.
Nigeria introduces GDNs backed by sovereign debt in naira, providing investors easier access to its high-yield debt market through international clearing systems.
Army strongmen who have seized power in coups across Africa's Sahel region since 2020 have ramped up pressure on foreign mining companies in the name of greater control over their countries' riches.
The Federal Inland Revenue Service (FIRS) has unveiled plans to operate its offices on weekends as the June deadline to file tax returns approaches.
The National Bureau of Statistics has revealed that Nigeria's inflation rate dropped again in May, however, there are states with the highest food inflation rates.
President Vladimir Putin on Friday urged officials not to let Russia fall into recession "under any circumstances", as some in his own government warned of a hit to economic growth. "Some specialists and experts are pointing to the risks of stagnation and even a recession," Putin told attendees at Russia's flagship economic forum in Saint Petersburg.
Under this scheme, over 3000 goods coming from Nigeria and 36 other African countries will enjoy zero tariffs and improved trading conditions in the UK.
President Emmanuel Macron said Friday that Europe must again become a global space power, warning that France risked being squeezed out of the global low-orbit satellite constellation market. He warned that Europeans were "on the verge of being completely" squeezed out of the low Earth orbit (LEO) satellite constellation market.
Major adult websites Pornhub, YouPorn and RedTube were back online in France Friday after a court here suspended a decision requiring pornographic platforms based in the EU to verify users' ages. France has gradually introduced requirements this year for all adult websites to have users confirm their age with details such as a credit card or ID document.
The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming. - Money matters - Under the Paris Agreement, wealthy developed countries -- those most responsible for global warming to date -- are obligated to pay climate finance to poorer nations.
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