The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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FG invites Nigerians to apply for N50k for their business, releases link
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25 Banned Items: US may ban more products, data shows top Imports from Nigeria in 2025
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CBN sends warning to those spraying, hawking naira, advocates clean naira note
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India's Modi dangles tax cuts as US tariffs loom
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As Trump returns, China seizes chance for climate mantle
With Donald Trump expected to take the United States again out of climate diplomacy, China, the world's largest emitter but green energy powerhouse, is seizing on the chance to project itself as the global leader. The Asian power has now surpassed Europe as the second-largest historical emitter after the United States.
French farmers lift border blockade after talks with PM
French farmers protesting pay and conditions and a prospective EU-Latin America trade deal on Wednesday lifted a blockade on the Spanish border after an expression of support from Prime Minister Michel Barnier. Resistance has been reinflamed by the prospect of an EU deal with the Mercosur bloc -- Argentina, Brazil, Paraguay and Uruguay -- that would create the world's largest free-trade zone.
General strike in Greece against cost of living
Thousands of people demonstrated in Athens and other cities Wednesday as a 24-hour general strike against the rising cost of living shut down public services and part of the transport network. Some 15,000 people marched in the capital, while another 4,000 demonstrated in Greece's second city Thessaloniki, police said.
Floods to shave 0.2 percentage points off Spain's growth
The floods which killed 227 people in Spain last month could shave 0.2 percentage points off its economic growth in the final quarter of 2024, the central bank said Wednesday. "The estimated impact would be close to -0.2 percentage points on the quarterly growth rate in the fourth quarter," Bank of Spain governor Jose Luis Escriva told reporters in Madrid.
“We expect”: New report predicts exchange rate for naira by December
A new report by Meristem Securities Limited says the naira will suffer further depreciation before the festive season as demand for foreign currency increases.
Japan ramps up tech ambitions with $65 bn for AI, chips
Japan is readying a $65-billion push in microchips and artificial intelligence aimed at reclaiming its status as a global tech leader and meeting the urgent challenges of its ageing, shrinking population.
Nigeria ranks high as World Bank releases list of top 10 most indebted countries in 2024
The World Bank's 2024 financial statement 2024 shows that Nigeria remained in the top three most indebted countries to the International Development Association.
Asian markets struggle as traders weigh geopolitical tensions
Asian investors struggled Wednesday to track a positive lead from Wall Street as they assess the prospect of an escalation in the Russia-Ukraine war, Donald Trump's second presidency and the outlook for US interest rates. That has dampened hopes for several Federal Reserve interest rate cuts next year.
Strike at French cognac maker Hennessy over measures in China spat
Strike at French cognac maker Hennessy over measures in China spat
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