
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.
Near the once-bustling Iraqi border crossing of Bashmakh, Iranian driver Fatah stocked up on rice, sugar and tea, staples that have become increasingly hard to get back home. "There are shortages of rice, bread, sugar and tea," Fatah said Tuesday.
According to the case, the two companies operated between 2021 and 2022 and collected almost N100 million from several investors, only to disappear without paying.
The Nigerian government has begun a system to integrate the credit scores of Nigerians to their National Identification Numbers (NIN) to track credit scores.
The facts of the case shows that the defendant, who is an executive director with a big oil and gas firm, successfully obtained ₦750 million from the bank.
Chinese online giant AliExpress must do more to protect consumers from illegal product sales, the European Commission said Wednesday in an interim finding that could open the way to heavy fines.
Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent and strengthen its own generative AI teams, the startup's CEO, Sam Altman, has said.
Spain is resisting US President Donald Trump's demands to hike defence spending to five percent of national output, potentially threatening NATO unity at a crucial alliance summit this month.
British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week. The inflation update followed official data last week showing that Britain's economy shrank more than expected in April.
Disused coal mines could be refashioned to place vast fields of solar panels, a new report suggests, providing an unlikely solution to a common obstacle to uptake of the green energy source. Coal mine-to-solar conversions are already happening in some countries, most notably China, which leads the world in solar uptake.
Economy
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