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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All you need to know as FG says no tax ID, no bank account by January 1, 2026
The Federal Government says from January 1, 2026, Nigerians without a Tax ID cannot operate bank, pension, insurance, or investment accounts in Nigeria.
New round of US-China trade talks kicks off in Madrid
China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash out their TikTok dispute and President Donald Trump's promised hefty tariffs. Top leaders from both countries will also discuss their dispute over the TikTok social media platform during the meetings in Madrid.
Highlights from Nigeria’s Q4 trade data as exports rise above imports
The National Bureau of Statistics has revealed that Nigeria recorded a trade surplus as due to exports surged on petroleum and non-oil products in 2025.
Lab-grown diamonds robbing southern Africa of riches
Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as cheaper, lab-grown stones threaten their economies. Just steps away, a lab-grown diamond valued at $115 was unguarded.
US Fed poised for first rate cut of 2025 as political tension mounts
The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering. Analysts now broadly expect a 25 basis points rate cut at the end of its two-day meeting on Wednesday, as hiring slows.
CBN crashes dollar with $29 million intervention in FX market
The Central Bank of Nigeria's (CBN) intervention in the foreign exchange rate has crashed the US dollar, leading to the naira's appreciation in all markets.
Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
US to stop collecting emissions data from polluters
The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump's administration to undercut efforts against climate change. Democrats had anticipated the move after they obtained documents in the spring that indicated the change was planned.
Boeing defense workers reject deal to end strike
Boeing workers at its St. Louis area defense factories will stay on strike after union members voted Friday to reject a new contract offer from the US aviation giant. "We're disappointed our employees have rejected a five-year offer, including 45 percent average wage growth," said Dan Gillian, a senior St. Louis site executive with Boeing.
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