US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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China's power paradox: record renewables, continued coal
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Withering vines: California grape farmers abandon fields as local wine struggles
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Finally, relief for naira: Nigeria’s reserves hit 5-year high amid global uncertainty
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Protesting Peru residents block trains to Machu Picchu
Train services to the Inca citadel of Machu Picchu, Peru's main tourist attraction, was suspended Monday as protesting residents placed logs and rocks on the tracks, police and PeruRail said. Residents are demanding that a new company be chosen to run the buses that ferry visitors from the Aguas Calientes train station at the foot of Machu Picchu, to the site itself.
US Senate poised to advance Trump aide's appointment at Fed
The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting. Policymakers on the rate-setting Federal Open Market Committee are due to begin their next two-day meeting on Tuesday morning.
Inflation rate drops in August as report shows relief for Nigerians
Latest data from NBS showed that once again Nigeria’s inflation in August 2025 as headline dropped to 20.12% while food slowed to 21.87 per cent.
FG to train 100,000 construction workers, provide job opportunities nationwide for artisans
The Federal Government has launched a National Artisan Skills Acquisition Programme to train, certify, and connect 100,000 artisans nationwide to jobs.
US imports from Nigeria crash by 41% as Trump's tariff escalates trade tensions
New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
US 'very close' to TikTok deal with China: US Treasury chief
The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid. "On the TikTok deal itself, we're very close to resolving the issue," Bessent told reporters as he arrived at Spain's foreign ministry for a second day of talks.
Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
The Nigerian currency, the naira, is surging against the US dollar, propelled by a combination of forex inflows and the CBN's interventions in the FX market.
German defence giant Rheinmetall to take over warship maker
Germany's Rheinmetall has struck a deal to take over a warship builder, both companies said, the defence giant's latest expansion to meet booming demand as European countries rush to rearm. European countries have been racing to build up their militaries since Russia's 2022 invasion of Ukraine.
Finally, Dangote free fuel distribution begins, new petrol prices emerge
Dangote Refinery has launched over 1,000 CNG trucks for direct fuel distribution, cutting pump prices nationwide and IPMAN has reacted to the development.
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