Local News Nigeria accounts for 70% products under ECOWAS trade – FG The Federal Government has said that Nigeria accounted for between 60 and 70 per cent of products under the Economic Community of West African States Trade Liberalization Scheme, noting that the nation has over 2,400 companies with over 6,900 products under the scheme. Click here to read more. Revenue rises by N19.26bn, FG, states, LGs share N676.41bn The Federation Accounts Allocation Committee has shared a total of N676.41bn for July 2020 Federation Account revenue to the federal, states and local government councils and relevant agencies across the country. Click here to read more.
Company News Lyft and Uber receive reprieve in California employment rights row Uber and Lyft have been granted a reprieve in a row over drivers' employment rights in California after a court granted an emergency injunction. Click here to read more. Rights issue fully subscribed, says CHI Consolidated Hallmark Insurance Plc has said its recent rights issue was fully taken up by its shareholders. Click here to read more.
International News UK government debt hits £2tn for first time Total UK government debt has exceeded £2 trillion for the first time. Click here to read more. US jobless claims rise back above one million The number of Americans seeking unemployment benefits unexpectedly climbed back above one million last week, official figures show. Click here to read more.