The Centre for the Promotion of Private Enterprise has warned that President Tinubu’s recent pardon of convicted offenders could undermine investor confidence.
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Access, Zenith, UBA, other banks, dealers sell dollar at new rate as USD shortage emerges
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Europe 'well positioned' for future shocks: ECB's Lagarde
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Big win for naira: CBN announces $8.6bn FX turnover as dollar inflows surge, reserves hit new high
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US Treasury chief to speak with China counterpart as tensions flare
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France's Dassault says can build European fighter jet without Germany
The head of French defence company Dassault said on Tuesday his firm was capable of building the future European fighter jet by itself as tensions persist with Germany over the multi-billion-euro project. "The answer is yes," Trappier said when asked whether Dassault, the manufacturer of Rafale fighter jets, could build a sixth-generation fighter jet on its own.
EU queries Apple, Google, Microsoft over financial scams
The European Union on Tuesday demanded Big Tech players including Apple and Google explain what action they are taking against financial scams online, as Brussels seeks to show it is not shying away from enforcing its rules. The EU has vowed it will not back down from enforcing its stringent rules to protect Europeans online.
Nigeria off IMF debt list: See the 10 African countries still owing billions
About 10 African countries are still heavily indebted to and reliant on IMF loans to fund critical sectors. The countries' debt, led by Egypt, runs into billions
German business groups pressure Merz over ailing economy
German business associations in talks with Chancellor Friedrich Merz stressed the "urgency" of steps to help the ailing economy, one group said Tuesday, with reports describing a stormy encounter.
Indonesia, EU sign long-awaited trade deal
Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said. Indonesia has been in talks with the EU since 2016, but negotiations for a trade deal initially saw little progress.
Tech migrants 'key' for US growth, warns OECD chief economist
High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry. Such visas are widely used by the tech industry.
Stronger naira, rising reserves: Why hoarding dollars could cost you
The Central Bank of Nigeria (CBN) is making huge plans to boost the naira's value, thereby exposing dollar accounts to risks in the foreign exchange markets.
Full list: 10 fastest-growing sectors as Nigeria records highest GDP growth in years
The Nigerian economy is on a massive rally, with GDP hitting 4.23% growth in the second quarter. Data has revealed the fastest-growing sectors in Nigeria.
OECD ups world economic outlook as tariffs contained, for now
The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday. In June, the Paris-based organisation had cut its forecast from 3.1 percent to 2.9 percent, warning at the time that Trump's tariffs would stifle the world economy.
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