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.
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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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Prices of rice, tomatoes, other food items soars as retailers struggle with unpredictable costs
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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CBN releases new exchange rate as Access, Zenith, UBA, others sell dollars at new rate
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X and Facebook toughen EU pledge to combat hate speech
Social media giants including X and Facebook have agreed to step up efforts to tackle hate speech in the EU, the bloc said Monday as its digital rules face scrutiny with Donald Trump's return to the White House. The EU's announcement, coming on the day of Trump's inauguration, said the 12 platforms had agreed beef up a code first signed in 2016 detailing efforts to curb hate speech online.
Manufacturers shun loans, turn to other fund sources as interest rates go higher
As the CBN continues to push benchmark interest rates upward, manufacturing companies in Nigeria are now turning away from loans to seek alternative funds.
Syria phone shops free from Assad-linked monopoly
Syrian phone shop owner Abdel Razzaq Hamra was thrilled to finally be working in peace after years of being harassed and detained by security personnel enforcing an Assad-linked company's monopoly. Phone shop owners said security forces linked to Branch 215 of the Military Intelligence would raid their shops, while Shabiha -- pro-Assad militiamen -- also stalked the stores.
Expert explains why NBS is including hidden and illegal activities in rebased GDP
A statistics expert explains that the NBS is extended its tentacles to these areas, in order to provide answers and insights that policymakers can act on.
Lagos state govt set to receive six new trains from China
The Lagos state government will boost the rail transportation system by purchasing six new trains from China to help increase frequency of trips on the Blue Line.
Subscribers reject minister’s proposal for Telecom tariff Hikes on calls, data
Nigerians subscribers led by ATCIS are putting down their foot to reject the 30-60% telecom tariff hike proposed by the Honorable Minister Bosun Tijani.
Bitcoin hits record above $109,000 awaiting Trump
Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who has signalled plans to deregulate the cryptocurrency sector, prepares to be sworn in as US president. It came after he nominated cryptocurrency backer Paul Atkins to head the US securities regulator, reinforcing optimism that the new president will deregulate the sector.
Asian markets track Wall St and Europe rally after Trump-Xi talks
Most Asian markets rose Monday following a rally on Wall Street and record-breaking day in Europe, with sentiment boosted by positive talks between Donald Trump and Chinese President Xi Jinping that soothed worries about the incoming US leader's second term.
New 'oligarchy' under fire as elites descend on Davos
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.
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