The Nigerian currency finally rebounded in the official foreign exchange market as dollar demand reduced and Nigeria's FX reserves rose to a five-year high.
Economy
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Prices of rice, tomatoes, other food items soars as retailers struggle with unpredictable costs
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Asia stocks rise as traders weigh China-US row, rate cut hopes
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Putin says Russia a top oil producer, despite 'unfair' pressure
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Nigeria achieves global milestone: FIRS named Peppol Authority, tax-IDs gain global recognition
The Federal Inland Revenue Service (FIRS) has been named Peppol Authority in a global milestone that recognises the agency's tax IDs and administration in Nigeria/
Germany's Lufthansa to slash 4,000 jobs as headwinds mount
Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of the German airline giant's workforce, after profits slumped in the face of mounting headwinds.
GSK switches CEO as Trump tariffs test pharma
British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief commercial officer in January, as the company navigates US tariffs on the sector.
Germany's Lufthansa to slash 4,000 jobs by 2030
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy. Lufthansa's announcement comes just days after another major German company, industrial giant Bosch, said it would cut 13,000 jobs, or three percent of its global workforce.
Most Asian markets track Wall St higher after US inflation data
Most Asian markets rose Monday, tracking gains on Wall Street, following US inflation figures that met expectations and soothed concerns about Donald Trump's latest tariff salvo. Still, investors in most markets were in a positive mood, building on Wall Street's gains.
Embattled Australia telco giant hit by another major outage
Australian telecommunications giant Optus said Monday it had suffered a network outage that prevented calls to emergency services, just over a week after a similar interruption of service linked to four deaths. The outage prevented calls to emergency services, with four deaths now linked to the outage.
Stars turn out for Armani's final collection in Milan
Hollywood stars Cate Blanchett, Glenn Close and Richard Gere turned out Sunday for the Giorgio Armani show in Milan, the final collection the Italian designer worked on before his death. "This collection, the last Giorgio Armani worked on personally, is in some ways a testament to style and the close of a cycle, so that new ones may begin," the group said.
How Nigeria’s new $300 duty-free rule benefits travellers, online shoppers
Experts have hailed the newly introduced $300 duty-free threshold for online shoppers and luggage at Nigerian ports by the Nigeria Customs Service (NIS).
Slips, salt and stripes: key looks from Milan fashion week
The main shows at Milan Fashion Week wrap up Sunday after another season of knock-out dresses, immaculate tailoring, leather coats and glorious handbags. At Tod's, oversized striped shirts were laid over leather minis, while there were more stripes, diagonal this time, on draped dresses and matching handbags in warm, natural tones.
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