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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US Treasury chief to speak with China counterpart as tensions flare
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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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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SpaceX set for seventh test of Starship megarocket
Elon Musk's SpaceX is gearing up for the seventh orbital flight test of Starship, the colossal prototype rocket the company hopes will help humans colonize Mars. - Betting on Starship - SpaceX already dominates the orbital launch market with its Falcon 9 and Falcon Heavy rockets, which serve commercial clients, NASA and the Pentagon.
Private US, Japanese lunar landers launch on single rocket
One rocket, two missions: lunar landers built by US and Japanese companies launched their "rideshare" to the Moon on Wednesday, showcasing the private sector's growing role in space exploration.
Asian equities mixed as US inflation, China data loom
Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data. Also in focus this week is the release of Chinese 2024 growth data, with expectations that it could come in below the previous year and be among the slowest in more than three decades.
Renewed US trade war threatens China's 'lifeline'
China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. The specific trade imposts Trump intends to levy against China are not yet clear but the country's export surge last year "will ignite further fury among US trade hawks", Innes said.
China's economy seen slowing further in 2024: AFP survey
China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.
Musk, Bezos, Zuckerberg to attend Trump inauguration: report
Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, NBC news reported Tuesday, further highlighting the tech moguls' efforts to develop closer ties with the incoming president.
Starbucks shift on non-paying visitors stirs debate in US
Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with the US public warned they'll need to buy something or get out. Following the debacle, Starbucks adopted an "open bathroom" policy meaning its restrooms -- at the cafes that had them -- would be open to all.
Boeing 2024 plane deliveries tumble on labor, safety woes
Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks. Restoring MAX output will be a priority for Boeing this year, along with clearing out built MAX and 787 Dreamliner planes in inventory that were not delivered, said Owens.
From ban to buyout: What next for TikTok in the US?
TikTok faces an imminent shutdown in the United States after Congress passed a law last year forcing its Chinses owner ByteDance to either sell the platform or close it by this Sunday. Here is a review of what could happen next for TikTok in the United States.
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