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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Tinubu kicks off scheme to help Nigerians with car purchases with N20 billion
After more than five years since the first move was made, Nigeria's vehicle financing scheme is finally set to take off. The scheme will provide soft car loans
NATO Baltic leaders seek to boost security after cable 'sabotage'
NATO countries on the Baltic Sea met in Helsinki on Tuesday, looking to boost security following the suspected sabotage of undersea cables, widely blamed on Russia. NATO said in late December it would increase its presence in the region following the suspected sabotage of undersea cables between Finland and Estonia but it has yet to announce an official operation.
MTN share price surges 21% on anticipated hike in tariff for calls, data
Since the start of 2025, MTN share price has appreciated considerably, after a poor performance in 2024. Analysts think the oncoming hike in tariffs has a role in it
“We see the potential”: Analysts speak on CBN’s MPR prediction for 2025
Asset management company Meristem Securities has forecast that the Monetary Policy Committee of the Central Bank of Nigeria may stay on hold for most of this year.
How naira compares to other currencies against US Dollars amid new predictions
The Nigerian naira has performed relatively better than other global currencies relative to the dollar's surging strength in the international markets in 2025.
Asian markets mixed as traders eye US inflation data, earnings
Asian markets diverged Tuesday as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a second Donald Trump presidency. Asian markets fluctuated in the morning.
Blue Origin eyes early Tuesday launch but weather an issue
Blue Origin, the space company founded by billionaire Jeff Bezos, hopes to launch its huge new rocket early Tuesday morning, but has flagged lousy overnight weather could mean a scrubbed lift-off for a second straight day.
Canadian insurers face record costs from 2024 extreme weather
Damage from extreme weather in Canada last year pushed the bill facing insurers to an unprecedented CAN$8.5 billion ($5.9 billion), the Insurance Bureau of Canada said Monday. Previously, the most costly year for Canadian insurers was 2016, when a massive wildfire in an Alberta oil region contributed to insured damage costs of CAN$6.2 billion.
Trump's return threatens resurgence of trade wars
Donald Trump's second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries -- in moves that could trigger new trade wars.
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