Nigerian Government Boosts Local Production For Forex Earnings
The Federal Government is targeting zero rejection of Nigerian products in the global market to drive foreign exchange earnings and boost revenue. The Minister of Industry, Trade and Investment, Niyi ...
23 Nov 20221min
Petrol, Electricity Subsidies Hurting Poor Nigerians
The World Bank says that subsidies benefit only rich households and reduce government spending on poor Nigerians. The bank says Nigeria’s resources had been consumed by inefficient and regressive subs...
23 Nov 202252s
Malaysian Currency, Stocks Fall As Vote Ends In Hung Parliament
Malaysia’s stock market and currency dipped after a national election produced the Southeast Asian nation’s first hung parliament, setting off a scramble to form a coalition before a Monday afternoon ...
21 Nov 20221min
Musk Lifts Donald Trump's Twitter Ban
Twitter's new owner Elon Musk says Donald Trump's account has been reinstated after running a poll in which users narrowly backed the move. Twitter's previous management acted just days after Donald T...
21 Nov 202255s
FTX Crypto Exchange Owes Biggest Creditors $3.1bn
Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn. The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors but has ...
21 Nov 202258s
French- Speaking Countries Discusses Conflict In Africa
The leaders of French-speaking countries have held a summit on the Tunisian island of Djerba to discuss growing instability in Francophone African countries. The head of the group, Louise Mushikiwabo,...
21 Nov 20221min
The United Arab Emirates Places Visa Ban On Uganda
Authorities in the United Arab Emirates have announced a visa ban slapped on Ugandans and 20 other nationalities seeking to visit Dubai with immediate effect. Other countries affected by the visa ban ...
21 Nov 20221min
Nigerian Lawmakers To Block Reckless Spending By Revenue-Generating Agencies
Lawmakers want to place eight federal revenue-generating agencies on a cost-of-collection percentage to stop the agencies from spending their revenue arbitrarily Federal lawmakers are proposing a dras...
21 Nov 20221min
