The list of the 10 best states to do business in Nigeria has been revealed, with Lagos State and Anambra leading the pack, full of opportunities for entrepreneurs.
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Qantas says profits up, strong travel demand ahead
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How the National Single Window transforms Nigerian commerce
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Consumers cry out as egg prices hit N6,500 per crate despite cost slash claims
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China says to impose anti-dumping measures on EU brandy
China said Monday it will impose "temporary anti-dumping measures" on brandy imported from the European Union, deepening a trade standoff between Beijing and Brussels after similar measures last month. As well as the provisional brandy tariffs, Beijing has also launched anti-dumping probes into some European pork and dairy imports.
Filling stations to adjust prices again as petrol landing costs drop
Major Energies Marketers Association of Nigeria (MEMAN) has said that the petrol landing costs have crashed in the last three months from August this year.
China's 'Singles Day' shopping spree in spotlight as spending flags
China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding in the world's second-largest economy after recent efforts by Beijing to boost activity. This year's Singles Day could represent a major boon for retail giants as analysts watch for signs that recent measures are having an impact.
Asian stocks drop as China support plan falls flat, bitcoin hits record
Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win. "Yet President-elect Donald Trump’s policy proposals could lead to heightened macroeconomic volatility.
Nigeria’s FX reserves hit $40 billion as naira tumbles in official, Black Markets
The governor of the Central Bank of Nigeria (CBN) has disclosed that the bank's policies raised Nigeria's FX reserves to a 33-month high of $40 billion.
Lagos, Rivers, Delta top 10 Nigerian states with highest domestic debt in 2024
About 10 Nigerian states increased their domestic debt in the second quarter of 2024 by N196 billion as the domestic debts of the 36 states and FCT rose to N4.026trn
CBN clarifies position on converting foreign currency in domiciliary accounts to naira
The Central Bank of Nigeria (CBN) has disclosed that commercial banks must allow domiciliary account holders to convert their foreign currencies to naira.
Asia, the world's economic engine, prepares for Trump shock
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China and triggers a new wave of factory relocations to the rest of the region.
Trump victory poses challenges for the Fed's independence
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from political interference. The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by raising and lowering interest rates.
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