According to him, the eNaira was also developed to provide Nigerians with a cheap, safe and trusted means of payment.

Global economic pressures like inflation prompted by the pandemic have hit Latin America hard, but the mood has turned particularly sour in Peru.

The airline said the suspension would limit further losses and reduce the impact on its operational costs.

In contrast, Nigeria has not been able to take advantage of rising international oil prices, due to its over 700,000 bpd deficit and its largely opaque fuel subsidy regime.

No replacement was immediately named.

Uniper, Germany’s largest importer of Russian gas, said more than half of the net loss was due to significantly reduced gas deliveries from Moscow.

The agency had been in the forefront of fighting substandard solar products entering the country and had developed a code of practice for industry operators.

The practice of middle-men mopping up farm produce at source has often contributed to rising food inflation.

Bot and spam accounts on Twitter have become a central issue in the legal fight over whether Musk must complete his $44 billion acquisition of the social media company.

An update on the legal tussle also showed that the FG has been successful in its bid at the London High Court to obtain further documentation in support of its efforts to set aside the $11 billion arbitration award.

A revival in Japan, like many other economies, has been hobbled by the Ukraine war.

OPEC’s monthly report for July showed that Nigeria’s oil production declined by 74,000 barrels per day (bpd) to 1.08 million bpd in July from 1.26 million in June.

Nigeria currently has an electricity deficit of 201,000MW as power generation hovers between 3,500MW and just over 5,000MW.

Mansi Babyloni was previously Flutterwave’s Global Head of People Strategy and Special Projects in 2020, before she left for an opportunity at PwC’s People and Org. practice in London.

GMD Kyari stated that the right environment now exists for all parties with the signing of the Petroleum Industry Act.

The court found Google misled some customers about personal location data collected through their Android mobile devices.

The pardon underscores Samsung’s huge influence over a country that relies on its technology exports.

He assured that the 31 victims still in the custody of the terrorists would be rescued.

The company faces about 38,000 lawsuits from consumers and their survivors claiming its talc products caused cancer.