The Nigerian government has asked for the speedy implementation of the Presidential Food Coordinating Unit (PFSCU) to accelerate provision of N250bn loan to farmers
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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CBN crashes dollar with $29 million intervention in FX market
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Naira gains N37, experts warn dollar hoarders of big losses
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Over 41,000 Nigerians to benefit as NDE expands Renewed Hope employment scheme
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Naira rally narrows FX gap to just N10 as CBN targets $1bn monthly remittances
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Asian equities rally after China-US framework on trade
Asian stocks rose Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff deal. The deal, which was reached late Tuesday, boosted Asian markets with Hong Kong and Shanghai among the best performers, while Tokyo, Sydney, Seoul, Wellington, Taipei and Manila were also up.
Nintendo says sold record 3.5m Switch 2 consoles in first four days
Nintendo said Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched. Since its 2017 launch, the original Switch -- which enjoyed a popularity boost during the pandemic with hit games such as "Animal Crossing" -- has sold 152 million units.
'Applied AI' set to dominate France's Vivatech trade fair
Drawing high-powered tech CEOs and a presidential visit, Paris's Vivatech trade fair opening on Wednesday will spotlight hoped-for economic benefits from AI. The top attraction on the opening day of this year's four-day show will be Nvidia chief executive Jensen Huang, looking to make a mark in Europe for the company that builds the most computing hardware for artificial intelligence.
GTCO Chairman steps down in major leadership change, former CBN deputy governor takes over
Hezekiah Oyinlola, who has been GTCO founder since the starting of the company has stepped aside and is being replaced by a former CBN deputy director.
World Bank cuts growth forecast on trade tumult
The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty, as US President Donald Trump's wide-ranging tariffs strained ties and weighed on economic outlooks.
Relief for BDC operators as CBN announces new deadline for recapitalisation
The Central Bank of Nigeria has provided relief for Bureau De Change (BDC) operators following the decision to extend the deadline by another six months.
French Senate to vote on regulating fast fashion
The French Senate is due to vote Tuesday on a bill to regulate the fast fashion industry, by sanctioning companies and banning advertisements. - Advertisement ban - The bill would impose sanctions on influencers who promote such products and ban fast fashion advertisements.
BREAKING: ChatGPT is down and users are unable to get response from chatbot
Chat-GPT is a favourite work assistant for many people, and the outage lasting more than a couple hours have raised concerns among those who depend on it.
Uber to launch driverless taxis in London next year
Ride-hailing firm Uber will launch self-driving taxis in London next year when England trials new driverless services, the firm and the UK government said on Tuesday. The government announcement will see companies including Uber allowed to trial commercial driverless services without a human presence for the first time in the UK. They will include taxis and "bus-like" services.
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