The Nigerian currency faced a renewed volatility, depreciating in the Nigerians Forein Exchange Market (NFEM) due to the shortage US dollars in the FX market.
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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US Treasury chief to speak with China counterpart as tensions flare
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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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Finally, relief for naira: Nigeria’s reserves hit 5-year high amid global uncertainty
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Ukraine courts foreign cash for military 'Silicon Valley'
At the opening of Ukraine's biggest defence tech fair, arms executives and government officials were welcomed by a giant movie screen blaring an action-style trailer with heavy base undertones. "It's like watching the sequel of 'Don't Look Up'," he said, referring to the dystopian movie where scientists try to alert oblivious and disinterested officials about an imminent catastrophe.
Tariff uncertainty delays World Cup orders for China's merch makers
Tariff fears are hurting World Cup merchandise orders at Shang Yabing's Chinese knitwear factory, where racks of scarves bear the logos of national teams from Ireland to Tanzania. "We've been in this industry for over 10 years, and we've produced World Cup-related merchandise for nearly every tournament in that time," Shang said.
China's Xiaomi to remotely fix assisted driving flaw in 110,000 SU7 cars
Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its popular SU7 electric cars, the firm and regulators said Friday, months after a deadly crash involving the model.
Asian markets fluctuate as focus turns to Trump-Xi, BoJ
Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping. With that in mind, even figures showing a sharp drop in initial jobless claims for last week did little to dampen expectations that rates will continue to be cut.
Netflix seeks 'Money Heist' successor in Spanish hub
In a cavernous studio outside Madrid teeming with TV industry stars, Netflix is blending old knowledge with modern technology to try to concoct a successor to its global hit "Money Heist". Migue Amoedo, visual artistic director of "Billionaires' Bunker", described "Money Heist" as "the turning point of the industry", saying they now had "the recipe" for repeating its success.
Indie studio bets on new game after buying freedom from Sega
French developer Amplitude knows that "every game could be the last" as it prepares a big bet on a new strategy title less than a year after buying its independence back from Sega.
Japan inflation slows in August, rice price surges ease
Inflation in Japan slowed to 2.7 percent in August due partly to government energy subsidies, official data showed Friday, with the cost of rice easing following a huge price spike. Abhijit Surya of Capital Economics said the main factor behind the fall in inflation was "a deepening of energy price deflation... due to the resumption of electricity and gas subsidies".
US regulator sues Ticketmaster over 'illegal' ticket schemes
A top US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant conspired with brokers to inflate concert ticket prices and deceive consumers with hidden fees.
US small businesses slam Trump tariffs as legal fight proceeds
When businessman Travis McMaster shifted more manufacturing of his products out of China, and into India, he had sought to avoid growing tensions between Washington and Beijing. Our business isn't run on a whim, and our country shouldn't (be) either," McMaster, whose firm is based in Washington state, told reporters.
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