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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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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FG opens registration for free financial training on investing, forex trading, entrepreneurship
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Rebrand of US culture 'fixture' Cracker Barrel sparks backlash
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Asian markets drop as traders temper rate cut bets
Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back. Traders are now awaiting the release later in the week of key US jobs data, with a miss to the downside of expectations likely to ramp up optimism for a rate cut in early 2024.
"Apply now": FG to disburse N150bn to traders, small businesses in 774 LGAs, sets eligibility
The Nigerian government is set to disburse N150 billion to small businesses, nano businesses, and manufacturers across the 774 local government areas,
Hollywood braces for actors' vote on strike deal
Hollywood on Tuesday anxiously waited to learn if actors have approved their union's hard-fought deal with studios, or if an entertainment industry still reeling from months-long strikes could be plunged back into turmoil. The tentative deal between SAG-AFTRA and Hollywood studios to end the actors' 118-day strike was agreed last month.
Grand Theft Auto: built for the long haul
In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" fans painfully wait for their next fix of the shoot 'em up blockbuster. It has been a decade since GTA V hit the streets and Rockstar's earlier-than-expected release of the first trailer of the game's sequel sent fans into an ecstatic online frenzy.
Crunch time for EU-Mercosur deal at Rio summit
The fate of a long-awaited but controversial Europe-South America trade deal hangs in the balance this week when Brazilian President Luiz Inacio Lula da Silva hosts a summit of the Mercosur regional bloc.
Premier League announces record $8.45 bn domestic TV deal
The Premier League announced on Monday it had agreed a record £6.7 billion ($8.45 billion) domestic television rights deal for a four-year period starting from the 2025/26 season. International rights for the English top flight overtook the value of domestic rights for the first time last year and are estimated to bring in £5.3 billion between 2022 and 2025.
Canada's public broadcaster to cut 10% of workforce
Canada's public broadcaster on Monday announced it would cut 600 jobs, or 10 percent of its workforce, as it confronts financial challenges sparked by a drop in television ad revenues and competition from digital news outlets.
Divided US high court hears challenge to $6bn Purdue opioid settlement
The US Supreme Court appeared divided on Monday as it heard a challenge to Purdue Pharma's $6 billion opioids settlement immunizing the Sackler family that controlled the drugmaker from future litigation.
Banque Pictet to pay nearly $123 mn over secret bank accounts
Banque Pictet et Cie will pay nearly $123 million under a deferred prosecution agreement in which the private bank admitted to helping US taxpayers evade $50.6 million in taxes, US officials announced Monday. Under the agreement, Banque Pictet will pay $31.8 million in restitution for US taxes; $52.2 million for fees earned on the undeclared accounts; and a penalty of nearly $39 million.
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