economy
News on the global economies
JUST IN: NAFDAC Seizes ₦5 Billion Worth Of Fake Rice In Nasarawa, Abuja Markets
NAFDAC Cracks Down on Counterfeit Rice Syndicate, Seizes Over ₦5 Billion Worth of Fake Rice in Nasarawa and Abuja Markets
The National Agency for Food and Drug Administration and Control (NAFDAC) has dismantled a major counterfeit rice operation … Continue Reading
Biden Pushes Back Against Trump’s Massive Deportation Agenda: Migrants Might Be Saved
Biden Expands Protections for Immigrants Under Temporary Protected Status, Setting the Stage for a High-Stakes Clash Over Trump’s Deportation Agenda
In a significant move to counter President-elect Donald Trump’s controversial immigration plans, President Joe Biden’s administration is taking steps to … Continue Reading
JUST IN: Russia To Mandate Language Exams For Migrant Children Seeking School Admission
New Policy Targets Language Barriers and Legal Status of Migrant Children Mandating Language Exams Amid Rising Anti-Migrant Sentiments and Stricter Immigration Reforms
In a landmark move, Russian lawmakers have approved a bill requiring migrant children to pass a Russian language … Continue Reading
FG Cassava Initiative to Boost Jobs : What You Need To Know
The Nigerian federal government Cassava Initiative is ramping up efforts to produce pharmaceutical-grade starch locally, aiming to eliminate the $23 million annual cost associated with imports of this essential ingredient used in solid medicine production.
According to the Manufacturers Association … Continue Reading
JUST IN: Canada Tightens Border Security Amid Trump’s 25% Tariff Threat
Ottawa unveils a $1.3 billion border security initiative aimed at addressing U.S. concerns over illegal migration and drug trafficking, countering Trump’s tariff threats, and preserving North America’s economic ties.
Canada has announced sweeping measures to strengthen its border security with … Continue Reading
Honda And Nissan In Early Merger Talks To Combat Electric Vehicle Competition
Honda and Nissan Explore Merger as Japanese Automakers Struggle to Compete with Growing EV Dominance in China
Honda and Nissan, two of Japan’s leading automakers, are reportedly exploring a potential merger to strengthen their position against electric vehicle (EV) competitors, … Continue Reading
CBN Imposes N100,000 Daily Limit on PoS Withdrawals
This development comes on the heels of the CBN’s recent fine of N150 million on banks issuing new notes to hawkers.
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has introduced a daily limit of N100,000 on Point of … Continue Reading
Naira Appreciates to N1,660/$ in Parallel Market, Depreciates in Official Market
Abuja, Nigeria – The Naira strengthened slightly in the parallel market, appreciating to N1,660 per dollar on Monday, compared to N1,662 per dollar recorded last weekend.
In contrast, the currency weakened in the official foreign exchange market. According to data … Continue Reading
UK Skilled Worker Visa 2024: Step-by-Step Guide to Requirements, Eligibility, and Application
The UK Skilled Worker visa offers a clear path for skilled professionals to contribute to the country’s economy and workforce. To ensure a hassle-free application, prepare all required documents in advance and follow the outlined steps.
The UK government has … Continue Reading
World Bank to Approve $1.65bn Loans for Nigeria in 2025
Abuja, Nigeria – The World Bank is preparing to approve three significant loan projects for Nigeria in 2025, totaling $1.65bn, aimed at tackling critical developmental challenges across the country.
The loans will focus on addressing the needs of internally displaced … Continue Reading