It was a new dawn in the northern part of Nigeria as the leaders commenced a reconciliation move between the Muslims and Christians in the region amid outcry.
The Nigerian government has announced that individuals earning N100,000 and below are exempted from paying the newly introduced Personal Income Tax (PIT).
Dangote cement is the 2nd most valuable stock and accounts for 12.2% of the NGX equity market, while BUA cement is now the seventh most valuable stock.
The naira has reported a two-week appreciation against the dollar at N1,531 per dollar as the CBN announces the highest FX reserves in three years.
The US trade deficit narrowed in February, according to government data released Thursday that was collected before President Donald Trump launched his most recent salvo of punishing worldwide tariffs. In February, the contraction of the US trade deficit came as exports rose and imports were flat, government data showed.
President Donald Trump acknowledged the shock brought by his tariffs onslaught Thursday, but said the US economy would emerge "far stronger," even as world markets tumbled. White House Press Secretary Karoline Leavitt also tried to reassure US markets, telling CNN: "To anyone on Wall Street this morning, I would say, 'Trust in President Trump.'
The historic Lutetia hotel in Paris, occupied by the Nazis during World War II and after liberation serving as a welcome centre for concentration camp survivors, was on Thursday taken over by luxury hotel group Mandarin Oriental. Originally baptised with the Roman name for Paris, the hotel will be renamed Mandarin Oriental Lutetia from Thursday.
At a garment factory in Ho Chi Minh City that exports T-shirts and underwear to the United States, staff were alarmed by "shocking" trade tariffs imposed on Vietnam that could severely impact their business. "It's truly shocking," said Tran Nhu Tung, board chair at Thanh Cong, a factory in Ho Chi Minh City that makes clothes for DKNY and Walmart, among others.
This is the second time the Lagos state government is partnering with the NaijaBrandChick to organise the tourism fair, with 220 vendors and over 75k buyers expected
Tesla sales plunged again in Germany last month even as the broader electric car market rebounded, data showed Thursday, the latest sign of a growing backlash against billionaire owner Elon Musk. Overall in March, the number of new vehicle registrations in Germany fell to 253,497, down 3.9 percent from a year earlier, the latest sign of weakness in the market.
The Central Bank of Nigeria (CBN) has described as untrue the purported release of N5,000 and N10,000 banknotes, saying the report was not from the bank.
Economy
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